Income Tax Assessment Act 1997
View history note
Hide history noteSECTION 108-85 Meaning of improvement threshold 108-85(1)
The improvement threshold for the 1997-98 income year is $89,992.
108-85(2)
The *improvement threshold is indexed annually.
Note:
Subdivision 960-M shows you how to index amounts.
108-85(3)
The Commissioner must publish before the beginning of each *financial year the *improvement threshold for that year.
[ CCH Note: The following table sets out the improvement threshold for the specified financial years:
| Financial year | Threshold ($) |
| 1998/99 | 89,992 |
| 1999/2000 | 91,072 |
| 2000/01 | 92,802 |
| 2001/02 | 97,721 |
| 2002/03 | 101,239 |
| 2003/04 | 104,377 |
| 2004/05 | 106,882 |
| 2005/06 | 109,447 |
| 2006/07 | 112,512 |
| 2007/08 | 116,337 |
| 2008/09 | 119,594 |
| 2009/10 | 124,258 |
| 2010/11 | 126,619 |
| 2011/12 | 130,418 |
| 2012/13 | 134,200 |
| 2013/14 | 136,884 |
| 2014/15 | 140,443 |
| 2015/16 | 143,392 |
| 2016/17 | 145,401 |
| 2017/18 | 147,582 |
| 2018/19 | 150,386 |
| 2019/20 | 153,093 |
| 2020/21 | 155,849 |
| 2021/22 | 156,784 |
| 2022/23 | 162,899 |
| 2023/24 | 174,465 |
| 2024/25 | 182,665] |
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