Income Tax Assessment Act 1997

CHAPTER 6 - THE DICTIONARY

PART 6-1 - CONCEPTS AND TOPICS

Division 960 - General

Subdivision 960-M - Indexation

View history note

SECTION 960-265

960-265 The provisions for which indexation is relevant

View history reference

This table sets out the provisions for which indexation is relevant.

Provisions for which indexation is relevant
Item	Topic of provision:	See:
1	Car limit	section 40-230
2	Capital gains - cost base	Parts 3-1 and 3-3
3	Capital gains - Improvements as separate assets	Subdivision 108-D
3A	Dependant (invalid and carer) tax offset	section 61-30
4	(Repealed by No 49 of 2019)
4A	(Repealed by No 109 of 2014)
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 concessional contributions - * concessional contributions cap	subsection 291-20(2)
10	Excess non-concessional contributions tax on superannuation contributions - index amount (CGT cap amount)	subsection 292-105(4)
10A	*General transfer balance cap	section 294-35
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)
13	Thresholds for application of Division 250	sections 250-25 and 250-30
13A	Concessional cross staple rent cap - existing lease with specified rent	section 12-443 in Schedule 1 to the Taxation Administration Act 1953
14	Levy threshold for the major bank levy	subsection 4(3) of the Major Bank Levy Act 2017

Note:

There are provisions of the Income Tax Assessment Act 1936 dealing with indexation that have not yet been rewritten.

View history note

History

S 960-265 amended by No 49 of 2019, s 3 and Sch 4 item 84, by repealing table item 4, effective 1 July 2019. Table item 4 formerly read:

4 Child care offset limit section 61-495

S 960-265 amended by No 34 of 2019, s 3 and Sch 1 item 5, by inserting table item 13A, effective 1 July 2019. For application provision, see note under s 25-115 .

S 960-265 amended by No 64 of 2017, s 3 and Sch 1 item 5, by inserting table item 14, applicable in relation to quarters starting on or after 1 July 2017.

S 960-265 amended by No 81 of 2016, s 3 and Sch 11 item 5, by inserting table item 10A, effective 1 January 2017 and applicable in a provision of an Act, regulation or instrument in the same way as that provision applies.

S 960-265 amended by No 109 of 2014, s 3 and Sch 10 item 15, by repealing table item 4A, effective 17 October 2014. Table item 4A formerly read:

4A Education expenses tax offset limit section 61-660

S 960-265 amended by No 96 of 2014, s 3 and Sch 1 item 27, by repealing table item 14, effective 30 September 2014. For transitional provisions see note under s 15-85 . Table item 14 formerly read:

14 Minerals resource rent tax - starting base losses subsection 80-45(1) of the Minerals Resource Rent Tax Act 2012

S 960-265 amended by No 118 of 2013, s 3 and Sch 1 items 6 and 73, by substituting table 9 and inserting " non-concessional " in table item 10, effective 29 June 2013. For application, transitional and saving provisions see note under Div 291 heading. Table item 9 formerly read:

9 *Excess contributions tax on superannuation contributions - *concessional contributions cap subsection 292-20(2)

S 960-265 amended by No 85 of 2013, s 3 and Sch 7 item 8, by inserting table item 3A, applicable to assessments for the 2012-13 income year and later income years.

S 960-265 amended by No 71 of 2012, s 3 and Sch 5 item 2, by inserting table item 14, effective 1 July 2012.

S 960-265 (table) amended by No 141 of 2008, s 3 and Sch 1 item 5, by inserting table item 4A, applicable to the 2008-2009 income year and later years.

S 960-265 (table) amended by No 164 of 2007 , s 3 and Sch 1 item 65, by inserting table item 13 at the end, effective 25 September 2007.

S 960-265 (table) amended by No 9 of 2007 , s 3 and Sch 3 item 1, by inserting table items 5 to 12, effective 15 March 2007.

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