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senate vote 2018-06-20#22

Edited by mackay staff

on 2023-06-30 08:54:44

Title

  • Bills — Treasury Laws Amendment (Personal Income Tax Plan) Bill 2018
  • Treasury Laws Amendment (Personal Income Tax Plan) Bill 2018 - In committee - Changes to tax rates

Description

  • <p class="speaker">Scott Ryan</p>
  • <p>The question is that amendments (1), (2) and (17) to (19) on sheet 8441, circulated by Senator Storer, be agreed to.</p>
  • The majority voted against [amendments (1), (2) and (17) to (19)](https://www.openaustralia.org.au/senate/?gid=2018-06-20.201.1), introduced by South Australian Senator [Tim Storer](https://theyvoteforyou.org.au/people/senate/sa/tim_storer), which means they failed.
  • ### Amendment text
  • > *(1) Clause 2, page 2 (table item 3), omit the table item.*
  • >
  • > *(2) Clause 2, page 2 (table items 5 and 6), omit the table items.*
  • >
  • > *(17) Schedule 2, Part 1, page 13 (starting at line 2), omit the Part, substitute:*
  • >
  • >> *Part 1—Main amendments*
  • >>
  • >> *Income Tax Rates Act 1986*
  • >>
  • >> *1 Clause 1 of Part I of Schedule 7 (table item 2, column headed " For the part of the ordinary taxable income of the taxpayer that: " )*
  • >>
  • >>> *Omit "$87,000", substitute "$90,000".*
  • >>
  • >> *2 Clause 1 of Part I of Schedule 7 (table item 3, column headed " For the part of the ordinary taxable income of the taxpayer that: " )*
  • >>
  • >>> *Omit "$87,000", substitute "$90,000".*
  • >>
  • >> *3 Clause 1 of Part II of Schedule 7 (table item 1, column headed " For the part of the ordinary taxable income of the taxpayer that: " )*
  • >>
  • >>> *Omit "$87,000", substitute "$90,000".*
  • >>
  • >> *4 Clause 1 of Part II of Schedule 7 (table item 2, column headed " For the part of the ordinary taxable income of the taxpayer that: " )*
  • >>
  • >>> *Omit "$87,000", substitute "$90,000".*
  • >>
  • >> *5 Clause 4 of Part II of Schedule 7 (example)*
  • >>
  • >>> *Repeal the example.*
  • >>
  • >> *6 Clause 1 of Part III of Schedule 7 (table item 2, column headed " For the part of the taxpayer ' s working holiday taxable income that: " )*
  • >>
  • >>> *Omit "$87,000", substitute "$90,000".*
  • >>
  • >> *7 Clause 1 of Part III of Schedule 7 (table item 3, column headed " For the part of the taxpayer ' s working holiday taxable income that: " )*
  • >>
  • >>> *Omit "$87,000", substitute "$90,000".*
  • >>
  • >> *8 Application*
  • >>
  • >>> *The amendments made by this Part apply to the 2018‑19 year of income and later years of income.*
  • >
  • > *(18) Schedule 2, items 10 to 12, page 18 (lines 3 to 12), omit the items.*
  • >
  • > *(19) Schedule 2, items 15 and 16, page 18 (line 22) to page 19 (line 3), omit the items.*
  • <p class="italic"> <i>Senator Storer's circulated amendments&#8212;</i></p>
  • <p class="italic">(1) Clause 2, page 2 (table item 3), omit the table item.</p>
  • <p class="italic">(2) Clause 2, page 2 (table items 5 and 6), omit the table items.</p>
  • <p class="italic">(17) Schedule 2, Part 1, page 13 (starting at line 2), omit the Part, substitute:</p>
  • <p class="italic">Part 1&#8212;Main amendments</p>
  • <p class="italic"><i>Income Tax Rates Act 1986</i></p>
  • <p class="italic">1 Clause 1 of Part I of Schedule 7 (table item 2, column headed " For the part of the ordinary taxable income of the taxpayer that: " )</p>
  • <p class="italic">Omit "$87,000", substitute "$90,000".</p>
  • <p class="italic">2 Clause 1 of Part I of Schedule 7 (table item 3, column headed " For the part of the ordinary taxable income of the taxpayer that: " )</p>
  • <p class="italic">Omit "$87,000", substitute "$90,000".</p>
  • <p class="italic">3 Clause 1 of Part II of Schedule 7 (table item 1, column headed " For the part of the ordinary taxable income of the taxpayer that: " )</p>
  • <p class="italic">Omit "$87,000", substitute "$90,000".</p>
  • <p class="italic">4 Clause 1 of Part II of Schedule 7 (table item 2, column headed " For the part of the ordinary taxable income of the taxpayer that: " )</p>
  • <p class="italic">Omit "$87,000", substitute "$90,000".</p>
  • <p class="italic">5 Clause 4 of Part II of Schedule 7 (example)</p>
  • <p class="italic">Repeal the example.</p>
  • <p class="italic">6 Clause 1 of Part III of Schedule 7 (table item 2, column headed " For the part of the taxpayer ' s working holiday taxable income that: " )</p>
  • <p class="italic">Omit "$87,000", substitute "$90,000".</p>
  • <p class="italic">7 Clause 1 of Part III of Schedule 7 (table item 3, column headed " For the part of the taxpayer ' s working holiday taxable income that: " )</p>
  • <p class="italic">Omit "$87,000", substitute "$90,000".</p>
  • <p class="italic">8 Application</p>
  • <p class="italic">The amendments made by this Part apply to the 2018-19 year of income and later years of income.</p>
  • <p class="italic">(18) Schedule 2, items 10 to 12, page 18 (lines 3 to 12), omit the items.</p>
  • <p class="italic">(19) Schedule 2, items 15 and 16, page 18 (line 22) to page 19 (line 3), omit the items.</p>