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

Schedule 2   Personal income tax reform

Part 1   Main amendments

Income Tax Rates Act 1986

1   Paragraph 1(b) of Part I of Schedule 7

Repeal the paragraph, substitute:

(b) for each part of the ordinary taxable income specified in the table applicable to the year of income - the rate applicable under that table.