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This is a Bill, not an Act. For current law, see the Acts databases.


STATE REVENUE LEGISLATION AMENDMENT BILL 2018





                              New South Wales




State Revenue Legislation Amendment
Bill 2018
Contents
                                                                            Page

             1   Name of Act                                                  2
             2   Commencement                                                 2
Schedule 1       Amendment of Emergency Services Levy Act 2017 No 32          3
Schedule 2       Amendment of Payroll Tax Act 2007 No 21                      4
I certify that this public bill, which originated in the Legislative Assembly, has finally passed
the Legislative Council and the Legislative Assembly of New South Wales.


                                                Clerk of the Legislative Assembly.
                                                Legislative Assembly,
                                                Sydney,                                   , 2018




                                    New South Wales




State Revenue Legislation Amendment
Bill 2018

Act No     , 2018



An Act to make miscellaneous amendments to certain State revenue legislation in connection with
the Budget for the year 2018-19; and for other purposes.




I have examined this bill and find it to correspond in all respects with the bill as finally
passed by both Houses.


                                                Assistant Speaker of the Legislative Assembly.
State Revenue Legislation Amendment Bill 2018 [NSW]




The Legislature of New South Wales enacts:
 1    Name of Act
               This Act is the State Revenue Legislation Amendment Act 2018.
 2    Commencement
         (1)   This Act commences on the date of assent to this Act, except as provided by
               subsection (2).
         (2)   Schedule 2 commences or is taken to have commenced on 1 July 2018.




Page 2
State Revenue Legislation Amendment Bill 2018 [NSW]
Schedule 1 Amendment of Emergency Services Levy Act 2017 No 32



Schedule 1             Amendment of Emergency Services Levy Act
                       2017 No 32
[1]   Section 37 Information to policy holders
      Insert after section 37 (2):
             (3)   This section does not require an invoice or other statement to indicate how
                   much of the premium payable is estimated to be attributable to the contribution
                   payable under this Act if no part of the premium payable is estimated to be
                   attributable to the contribution payable under this Act.
[2]   Schedule 2 Savings, transitional and other provisions
      Insert at the end of the Schedule, with appropriate Part and clause numbering:

      Part         Provision consequent on enactment of State
                   Revenue Legislation Amendment Act 2018
             Application of amendment
                   The amendment made to this Act by the State Revenue Legislation Amendment
                   Act 2018 has effect as if it had commenced on the commencement of this Act
                   (1 July 2017).




Page 3
State Revenue Legislation Amendment Bill 2018 [NSW]
Schedule 2 Amendment of Payroll Tax Act 2007 No 21



Schedule 2            Amendment of Payroll Tax Act 2007 No 21
      Schedule 1 Calculation of payroll tax liability for financial year commencing 1 July
      2007 and subsequent financial years
      Omit paragraph (c) of the definition of TA or threshold amount in clause 1. Insert instead:
                  (c) for the financial year commencing on 1 July 2013 and subsequent
                        financial years up to and including the financial year commencing on
                        1 July 2017--$750,000, or
                  (d) for the financial year commencing on 1 July 2018--$850,000, or
                  (e) for the financial year commencing on 1 July 2019--$900,000, or
                  (f) for the financial year commencing on 1 July 2020--$950,000, or
                  (g) for the financial year commencing on 1 July 2021 and subsequent
                        financial years--$1,000,000.




Page 4


 


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