House of Representatives

Tax Laws Amendment (Medicare Levy and Medicare Levy Surcharge) Bill 2012

Explanatory Memorandum

(Circulated by the authority of the Deputy Prime Minister and Treasurer, the Hon Wayne Swan MP)

[1]
These figures also apply to taxpayers who are entitled (or would have been entitled had the laws applicable to rebates not been amended with effect from 1 July 2000) to a sole parent, child-housekeeper or housekeeper rebate.

[2]
Where there are more than six dependent children or students, add $3,007 for each extra child or student.

[3]
See note 2.

[4]
Where there are more than six dependent children or students, add $3,538 for each extra child or student.

[5]
See note 4.


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