First Home Saver Accounts (Consequential Amendments) Act 2008 (45 of 2008)

Schedule 1   Main taxation related amendments

Income Tax Rates Act 1986

52   At the end of Part III

Add:

30 Rate of tax in relation to trustee of FHSA trust

The rate of tax for the purposes of section 345-5 of the Income Tax Assessment Act 1997 is 15%.