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House of Representatives

Treasury Laws Amendment (Medicare Levy and Medicare Levy Surcharge) Bill 2018

Explanatory Memorandum

(Circulated by authority of the Treasurer, the Hon Scott Morrison MP)

Glossary

The following abbreviations and acronyms are used throughout this explanatory memorandum.

Abbreviation Definition
CPI Consumer price index
SAPTO Seniors and pensioners tax offset
Surcharge Medicare levy surcharge
Threshold amount Medicare levy and Medicare levy surcharge low-income threshold amount


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