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HEALTH INSURANCE LEVY ACT 1978 No. 127 of 1978 - SECT 12
Small incomes rebate
12. (1) Where the taxable income of a person (other than a person in the
capacity of a trustee) is less than $3,893, the person is entitled to a rebate
of levy, in his assessment in respect of income of the year of income, of an
amount equal to 33.5% of the amount by which $3,893 exceeds the amount of that
taxable income.
(2) Where a trustee is liable to be assessed and to pay tax in pursuance of
section 98 of the Assessment Act in respect of a share of the net income of a
trust estate and the amount of that share is less than $3,893, the trustee is
entitled to a rebate of levy, in his assessment in respect of that share of
the net income, of an amount equal to 33.5% of the amount by which $3,893
exceeds the amount of that share.
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