Commonwealth Consolidated Acts

INCOME TAX ASSESSMENT ACT 1997 - SECT 108.85

  (1)   The improvement threshold for the 1997 - 98 income year is $89,992.

  (2)   The * improvement threshold is indexed annually.

Note:   Subdivision   960 - M shows you how to index amounts.

  (3)   The Commissioner must publish before the beginning of each * financial year the * improvement threshold for that year.

Table of Subdivisions

  Guide to Division   109

109 - A   Operative rules

109 - B   Signposts to other acquisition rules