Treasury Laws Amendment (Personal Income Tax Plan) Act 2018 (47 of 2018)

Schedule 1   Low and Middle Income tax offset and Low Income tax offset

Part 2   Related amendments

Income Tax Assessment (1936 Act) Regulation 2015

4   Section 4 (definition of 159N rebate reduction threshold)

Repeal the definition, substitute:

159N rebate reduction threshold means $37,000.