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25 Sep 08 Medicare Levy Surcharge Thresholds Bill defeated in Senate

On 24 September 2008, the Senate refused to give Tax Laws Amendment (Medicare Levy Surcharge Thresholds) Bill 2008 a second reading and, accordingly, it was defeated. This followed the Government's agreement to amend the Bill in the Senate to lower the singles surcharge threshold for a person for the 2008-09 income year from $100,000 to $75,000 (indexed annually).

On 25 September 2008, Tax Laws Amendment (Medicare Levy Surcharge Thresholds) Bill (No 2) 2008 was introduced into the House of Representatives.

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