09 Nov 11 2011 Measures No 6 Bill receives Royal Assent
On 3 November 2011, Tax Laws Amendment (2011 Measures No 6) Bill 2011 received Royal Assent as Act No 129 of 2011.
The Bill mends:
- ITAA1997 to provide that the outer regional and remote payment made under the Better Start for Children with Disability initiative is exempt from income tax; and update the list of deductible gift recipients; and
- Fringe Benefits Tax Assessment Act 1986 to provide that transport costs from an employee’s residence to their employment in a remote area overseas is exempt from fringe benefits tax.