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Income Tax Rates Amendment (Working Holiday Maker Reform) Bill 2016 (No. 2)


Type
Government
Originating house
House of Representatives
Status
Act
Portfolio
Treasury

Summary

Part of a package of four bills in relation to tax arrangements for working holiday makers, the bill amends the Income Tax Rates Act 1986 to apply a 15 per cent income tax rate to assessable income derived by working holiday makers on amounts up to $37 000, with ordinary tax rates applying for taxable income exceeding this amount.

Progress of bill

For committee reference information, please see the Notes section at the end of this page.

House of Representatives
Introduced and read a first time 28/11/16  
Second reading moved 28/11/16  
Second reading debate 29/11/16  
Second reading agreed to 29/11/16  
Consideration in detail debate 29/11/16  
Third reading agreed to 29/11/16  
     
Senate
Introduced and read a first time 30/11/16  
Second reading moved 30/11/16  
Second reading debate 30/11/16  
Second reading agreed to 30/11/16  
Committee of the Whole debate 30/11/16 Requests details: 2 Opposition agreed to
Bill agreed to, subject to requests 30/11/16  
     
House of Representatives
Message from Senate reported 30/11/16  
Consideration of Senate message 01/12/16 Details: House did not make Senate requested amendments
     
Senate
Consideration of House of Reps message 01/12/16 Details: Senate did not press its requests for amendments
Third reading agreed to 01/12/16  
     
Finally passed both Houses 01/12/16  
Assent 02/12/16 Act no: 92 - Year: 2016
     

Text of bill

  • First reading

MS-Word PDF HTML
  • As passed by both Houses

MS-Word PDF HTML

Explanatory memoranda

  • Explanatory memorandum

MS-Word PDF HTML

Second reading speeches


Proposed amendments

House of Representatives
  • Non-Government
BOWEN, Chris, MP

MS-Word PDF HTML
Senate
  • Opposition [sheet 8018]
GALLAGHER, Sen Katy

MS-Word PDF HTML

Schedules of amendments

  • Schedule of the requests by the Senate for amendments

MS-Word PDF HTML

Bills Digest



Notes
  • An electronic version of this Act is available on the Federal Register of Legislation (www.legislation.gov.au)