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Thursday, 22 May 1980
Page: 3227

Dr Klugman asked the Treasurer, upon notice, on 16 April 1980:

(1)   Did the Mathews Committee on Inflation and Taxation in its report presented to the House on 26 May 1975 recommend that the maximum allowable deduction for funeral expenses be indexed.

(2)   Was the sum involved $100 in 1975-76; if so, is it still the same.

Mr Howard -The answer to the honourable member's question is as follows:

(   1 ) Yes, in para 6. 14 of the Report which is submitted to the previous Government in May 1975. However, in its immediately following Budget the then Government effected a major change in the basis of the personal income tax system as a result of which, inter alia, most of the concessional deductions (including that relating to funeral expenses) became, effectively inoperative for the large majority of taxpayers.

(2)   Yes.

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