Treasury Laws Amendment (Reducing Pressure on Housing Affordability Measures No. 1) Act 2017 (132 of 2017)

Schedule 1   First home super saver scheme

Part 3   Other amendments

Division 2   Income tests

Income Tax Assessment Act 1997

31   Subsection 995-1(1) (paragraph (a) of the definition of income for surcharge purposes)

After "disregarding", insert "the person's *assessable FHSS released amount for the income year and".