Income Tax Rates Act 1986

3(1)

Amended by:


Treasury Laws Amendment (Cost of Living Tax Cuts) Act 2024 (assent 5/3/2024)

3-Sch1-Cl1

Commenced Action Note
1/04/2024 Amend Inserted definition 'third resident personal tax rate'

Income Tax Rates Amendment (Sovereign Entities) Act 2019 (assent 5/4/2019)

Revised Explanatory Memorandum - SEN
Second Reading Speech - REPS

3-Sch1-Cl1

Commenced Action Note
1/07/2019 Amend Inserted definition 'sovereign entity'

Treasury Laws Amendment (Enterprise Tax Plan Base Rate Entities) Act 2018 (assent 31/8/2018)

Revised Explanatory Memorandum - SEN
Second Reading Speech - REPS

3-Sch1-Cl1

Commenced Action Note
1/07/2017 Amend Inserted definition 'base rate entity passive income'

Treasury Laws Amendment (Personal Income Tax Plan) Act 2018 (assent 21/6/2018)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch2-Cl10

Commenced Action Note
1/07/2018 Amend Substituted definition 'second resident personal tax rate'

Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 (assent 19/5/2017)

Second Reading Speech - REPS

3-Sch1-Cl7

Commenced Action Note
1/07/2017 Amend Inserted definition 'base rate entity'

Income Tax Rates Amendment (Working Holiday Maker Reform) Act (No. 2) 2016 (assent 2/12/2016)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl1

Commenced Action Note
2/12/2016 Amend Inserted definition of 'working holiday maker'
2/12/2016 Amend Inserted definition of 'working taxable income'

Tax Laws Amendment (New Tax System for Managed Investment Trusts) Act 2016 (assent 5/5/2016)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch5-Cl68

Commenced Action Note
5/05/2016 Amend Repealed definition of corporate unit trust'

3-Sch5-Cl69

Commenced Action Note
5/05/2016 Amend Substituted definition of 'prescribed unit trust'

Income Tax Rates Amendment (Managed Investment Trusts) Act 2016 (assent 5/5/2016)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl1

Commenced Action Note
5/05/2016 Amend Inserted definition of 'AMIT'
5/05/2016 Amend Inserted definition of 'attribution managed investment trust'
5/05/2016 Amend Inserted definition of 'determined member component'
5/05/2016 Amend Inserted definition of 'managed investment trust'

Tax and Superannuation Laws Amendment (2015 Measures No. 1) Act 2015 (assent 25/06/2015)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl109

Commenced Action Note
1/07/2015 Amend Inserted definition of 'complying superannuation class'

3-Sch1-Cl110

Commenced Action Note
1/07/2015 Amend Repealed definition of 'complying superannuation/FHSA class'

3-Sch1-Cl111

Commenced Action Note
1/07/2015 Amend Repealed definition of 'FHSA component'

3-Sch1-Cl112

Commenced Action Note
1/07/2015 Amend Repealed definition of 'FHSA provider'

3-Sch1-Cl113

Commenced Action Note
1/07/2015 Amend Repealed definition of 'FHSA trust'

Tax and Superannuation Laws Amendment (2013 Measures No. 1) Act 2013 (assent 28/06/2013)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch7-Cl211

Commenced Action Note
24/11/2011 Amend Inserted definition of 'net income phase-out limit'

3-Sch7-Cl212

Commenced Action Note
24/11/2011 Amend Inserted definition of 'non-resident phase-out limit'

3-Sch7-Cl213

Commenced Action Note
24/11/2011 Amend Inserted definition of 'resident phase-out limit'

Tax Laws Amendment (Income Tax Rates) Act 2012 (assent 21/06/2012)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl1

Commenced Action Note
21/06/2012 Amend Inserted definition of 'second resident personal tax rate'

Clean Energy (Income Tax Rates Amendments) Act 2011 (assent 4/12/2011)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl1

Commenced Action Note
1/07/2012 Amend Inserted definition of 'Tax-free threshold'

3-Sch1-Cl7

Commenced Action Note
1/07/2015 Amend Inserted definition of 'Tax-free threshold'

First Home Saver Accounts (Consequential Amendments) Act 2008 (assent 25/06/2008)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl45

Commenced Action Note
26/06/2008 Amend Inserted definition of 'ADI'

3-Sch1-Cl46

Commenced Action Note
26/06/2008 Amend Inserted definition of 'FHSA component'

3-Sch1-Cl47

Commenced Action Note
26/06/2008 Amend Inserted definition of FHSA provider'

3-Sch1-Cl48

Commenced Action Note
26/06/2008 Amend Inserted definition of 'FHSA trust'

3-Sch7-Cl54

Commenced Action Note
26/06/2008 Amend Omitted definition of 'complying superannuation class'

3-Sch7-Cl55

Commenced Action Note
26/06/2008 Amend Inserted definition of 'complying superannuation/FHSA class'

Tax Laws Amendment (2007 Measures No. 4) Act 2007 (assent 24/09/2007)

Explanatory Memorandum - REPS
Second Reading Speech - SEN

3-Sch7-Cl73

Commenced Action Note
24/09/2007 Amend Omitted definition of 'AD/RLA component'

3-Sch7-Cl74

Commenced Action Note
24/09/2007 Amend Omitted definition of 'CS-RA component'

3-Sch7-Cl75

Commenced Action Note
24/09/2007 Amend Omitted definition of 'EIB component'

3-Sch7-Cl76

Commenced Action Note
24/09/2007 Amend Omitted definition of 'general fund component'

3-Sch7-Cl77

Commenced Action Note
24/09/2007 Amend Omitted definition of 'NCS component'

3-Sch7-Cl78

Commenced Action Note
24/09/2007 Amend Omitted definition of 'registered organisation'

3-Sch7-Cl79

Commenced Action Note
24/09/2007 Amend Omitted definition of 'RSA category A component'

3-Sch7-Cl80

Commenced Action Note
24/09/2007 Amend Omitted definition of 'RSA category B component'

3-Sch7-Cl81

Commenced Action Note
24/09/2007 Amend Omitted definition of 'RSA combined component'

3-Sch7-Cl82

Commenced Action Note
24/09/2007 Amend Substituted definition of 'RSA component'

3-Sch7-Cl83

Commenced Action Note
24/09/2007 Amend Substituted definition of 'standard component'

Income Tax Rates Amendment (Superannuation) Act 2007 (assent 15/03/2007)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl1

Commenced Action Note
16/03/2007 Amend Substituted definition of 'complying ADF'

3-Sch1-Cl10

Commenced Action Note
16/03/2007 Amend Inserted definition of 'non-arm's length component

3-Sch1-Cl11

Commenced Action Note
16/03/2007 Amend Substituted definition of 'non-complying ADF'

3-Sch1-Cl12

Commenced Action Note
16/03/2007 Amend Amended definition of 'non-complying superannuation fund'

3-Sch1-Cl13

Commenced Action Note
16/03/2007 Amend Inserted definition of 'no-TFN contributions income'

3-Sch1-Cl14

Commenced Action Note
16/03/2007 Amend Amended definition of 'ordinary taxable income'

3-Sch1-Cl15

Commenced Action Note
16/03/2007 Amend Amended definition of 'pooled superannuation trust'

3-Sch1-Cl16

Commenced Action Note
16/03/2007 Amend Omitted definition of 'post-June 83 component'

3-Sch1-Cl17

Commenced Action Note
16/03/2007 Amend Omitted definition of 'retained amount'

3-Sch1-Cl18

Commenced Action Note
16/03/2007 Amend Amended definition of 'RSA component'

3-Sch1-Cl19

Commenced Action Note
16/03/2007 Amend Omitted definition of 'special component'

3-Sch1-Cl2

Commenced Action Note
16/03/2007 Amend Amended definition of 'complying superannuation fund'

3-Sch1-Cl20

Commenced Action Note
16/03/2007 Amend Amended definition of 'special income component'

3-Sch1-Cl21

Commenced Action Note
16/03/2007 Amend Amended definition of 'standard component'

3-Sch1-Cl22

Commenced Action Note
16/03/2007 Amend Inserted definition of 'superannuation remainder'

3-Sch1-Cl23

Commenced Action Note
16/03/2007 Amend Omitted definition of 'taxed element'

3-Sch1-Cl24

Commenced Action Note
16/03/2007 Amend Inserted definition of 'tax offset'

3-Sch1-Cl3

Commenced Action Note
16/03/2007 Amend Omitted definition of 'EC part of the taxable income'

3-Sch1-Cl4

Commenced Action Note
16/03/2007 Amend Substituted definition of 'eligible ADF'

3-Sch1-Cl5

Commenced Action Note
16/03/2007 Amend Substituted definition of 'eligible superannuation fund'

3-Sch1-Cl6

Commenced Action Note
16/03/2007 Amend Inserted definition of 'employment termination remainder'

3-Sch1-Cl7

Commenced Action Note
16/03/2007 Amend Omitted definition of 'ETP'

3-Sch1-Cl8

Commenced Action Note
16/03/2007 Amend Inserted definition of 'low tax component'

3-Sch1-Cl9

Commenced Action Note
16/03/2007 Amend Inserted definition of 'maximum tax rate provision'

Tax Laws Amendment (Repeal of Inoperative Provisions) Act 2006 (assent 14/09/2006)

Explanatory Memorandum - REPS
Second Reading Speech - REPS

3-Sch1-Cl263

Commenced Action Note
14/09/2006 Amend Omitted definition of 'reduced notional income'

New Business Tax System (Capital Allowances - Transitional and Consequential) Act 2001 (assent 30/06/2001)

Explanatory Memorandum - REPS
Revised Explanatory Memorandum - SEN
Supplementary Explanatory Memorandum - REPS

3-Sch2

Commenced Action Note
30/06/2001 Amend Substituted definition of 'reduced notional income'