Tax Laws Amendment (Simplified Superannuation) Act 2007 (9 of 2007)
Schedule 3 Indexation
Income Tax Assessment Act 1997
1 Section 960-265 (at the end of the table)
Add:
|
5 |
*Genuine redundancy payments and *early retirement scheme payments - base amount |
subsection 83-170(3) |
|
6 |
*Genuine redundancy payments and *early retirement scheme payments - service amount |
subsection 83-170(3) |
|
7 |
Reduction of superannuation contributions - pre-1 July 88 funding credits (unused amount at end of previous income year) |
subsection 295-265(2) |
|
8 |
*Employment termination payments - *ETP cap amount |
section 82-160 |
|
9 |
*Excess contributions tax on superannuation contributions - *concessional contributions cap |
subsection 292-20(2) |
|
10 |
*Excess contributions tax on superannuation contributions - index amount (*CGT cap amount) |
subsection 292-105(4) |
|
11 |
*Superannuation benefits - index amount (*low rate cap amount) |
subsection 307-345(4) |
|
12 |
*Superannuation benefits - index amount (*untaxed plan cap amount) |
subsection 307-350(4) |