A New Tax System (Medicare Levy Surcharge - Fringe Benefits) Act 1999

S 16(2) amended by No 4 of 2024, s 3 and Sch 1 item 1, by substituting " $26,000 " for " $24,276 " in para (c), effective 6 March 2024 and applicable in relation to assessments for the 2023-24 year of income and later years of income.

S 16(2) amended by No 28 of 2023, s 3 and Sch 1 item 1, by substituting " $24,276 " for " $23,365 " in para (c), effective 24 June 2023 and applicable to assessments for the 2022-23 year of income and later years of income.

S 16(2) amended by No 14 of 2022, s 3 and Sch 1 item 1, by substituting " $23,365 " for " $23,226 " in para (c), effective 1 April 2022 and applicable to assessments for the 2021-22 year of income and later years of income.

S 16(2) amended by No 61 of 2021, s 3 and Sch 1 item 1, by substituting " $23,226 " for " $22,801 " in para (c), effective 30 June 2021 and applicable to assessments for the 2020-21 year of income and later years of income.

S 16(2) amended by No 22 of 2020, s 3 and Sch 14 item 1, by substituting " $22,801 " for " $22,398 " in para (c), effective 25 March 2020 and applicable to assessments for the 2019-20 year of income and later years of income.

S 16(2) amended by No 29 of 2019, s 3 and Sch 1 item 1, by substituting " $22,398 " for " $21,980 " in para (c), effective 6 April 2019 and applicable to assessments for the 2018-19 year of income and later years of income.

S 16(2) amended by No 69 of 2018, s 3 and Sch 1 item 1, by substituting " $21,980 " for " $21,655 " in para (c), applicable to assessments for the 2017-18 year of income and later years of income.

S 16(2) amended by No 58 of 2017, s 3 and Sch 1 item 1, by substituting " $21,655 " for " $21,335 " in para (c), applicable to assessments for the 2016-17 year of income and later years of income.

S 16(2) amended by No 39 of 2016, s 3 and Sch 1 item 1, by substituting " $21,335 " for " $20,896 " in para (c), applicable to assessments for the 2015-16 year of income and later years of income.

S 16(2) amended by No 69 of 2015, s 3 and Sch 1 item 1, by substituting " $20,896 " for " $20,542 " in para (c), applicable to assessments for the 2014-15 year of income and later years of income.

S 16(2) amended by No 88 of 2013, s 3 and Sch 7 item 194, by inserting " $ " before " 20,542 " in para (c), effective 1 July 2012.

S 16(2) amended by No 28 of 2012, s 3 and Sch 1 item 14, by substituting " family tier 1 threshold " for " family surcharge threshold " in para (b), applicable to the 2012-13 year of income and later years of income.

S 16(2) amended by No 159 of 2011 (as amended by No 86 of 2012), s 3 and Sch 2 item 1, by substituting " $20,542 " for " $19,404 " in para (c), applicable to the 2012-13 year of income and later years of income.

S 16(2) amended by No 86 of 2012, s 3 and Sch 1 item 1, by substituting " $19,404 " for " $18,839 " in para (c), applicable to the 2011-12 year of income.

S 16(2) amended by No 44 of 2011, s 3 and Sch 1 item 1, by substituting " $18,839 " for " $18,488 " in para (c), applicable to assessments for the 2010-11 year of income and later years of income.

S 16(2) amended by No 78 of 2010 , s 3 and Sch 1 item 1, by substituting " $18,488 " for " $17,794 " in para (c), applicable to assessments for the 2009-10 year of income and later years of income.

S 16(2) amended by No 41 of 2009, s 3 and Sch 1 item 1, by substituting " $17,794 " for " $17,309 " in para (c), applicable to assessments for the 2008-09 year of income and later years of income.

S 16(2) amended by No 27 of 2009, s 3 and Sch 3 item 30, by substituting paras (b) and (c), applicable in relation to income years starting on or after 1 July 2009. Paras (b) and (c) formerly read:

(b) the sum of the following is more than the family surcharge threshold for the person for the year of income:

(i) the person ' s taxable income for the year of income;

(ii) the person ' s reportable fringe benefits total for the year of income;

(iii) the person ' s spouse ' s taxable income for the year of income;

(iv) the person ' s spouse ' s reportable fringe benefits total (if any) for the year of income; and

(c) the sum of the person ' s taxable income and reportable fringe benefits total for the year of income is more than $17,309.

S 16(2) amended by No 50 of 2008, s 3 and Sch 1 item 1, by substituting " $17,309 " for " $16,740 " in para (c), applicable to assessments for the 2007-08 year of income and later years of income.

S 16(2) amended by No 75 of 2007, s 3 and Sch 1 item 14, by substituting " $16,740 " for " $16,284 " in para (c), applicable to assessments for the 2006-2007 year of income and later years of income.

S 16(2) amended by No 59 of 2006, s 3 and Sch 1 item 1, by substituting " $16,284 " for " $15,902 " in para (c), applicable to assessments for the 2005-2006 year of income and later years of income.

S 16(2) amended by No 62 of 2005, No 84 of 2004, No 67 of 2003, No 39 of 2002, No 12 of 2001 and No 54 of 2000.

S 16(3) amended by No 28 of 2012, s 3 and Sch 1 item 15, by substituting " family tier 1 threshold " for " family surcharge threshold " in para (b), applicable to the 2012-13 year of income and later years of income.

S 16(3) amended by No 27 of 2009, s 3 and Sch 3 item 31, by substituting para (b), applicable in relation to income years starting on or after 1 July 2009. Para (b) formerly read:

(b) the sum of the person ' s taxable income and reportable fringe benefits total for the year of income is more than the family surcharge threshold.

S 16(3) amended by No 53 of 2000.

S 16(4A) inserted by No 28 of 2012, s 3 and Sch 1 item 16, applicable to the 2012-13 year of income and later years of income.

S 16(4B) inserted by No 28 of 2012, s 3 and Sch 1 item 16, applicable to the 2012-13 year of income and later years of income.

S 16(5) amended by No 27 of 2009, s 3 and Sch 3 item 32, by substituting " income for surcharge purposes " for " taxable income " in para (a), applicable in relation to income years starting on or after 1 July 2009.

S 16(5) substituted by No 53 of 2000.