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This is a Bill, not an Act. For current law, see the Acts databases.
Serial 22
Revenue and
Other Legislation Amendment Bill 2017
Ms
Manison
A Bill for an Act to amend legislation for revenue measures contained in the 2017-18 Budget
NORTHERN TERRITORY OF AUSTRALIA
REVENUE AND OTHER LEGISLATION AMENDMENT ACT 2017
____________________
Act No. [ ] of 2017
____________________
Table of provisions
Division 5 Transitional matters for Revenue and Other Legislation Amendment Act 2017
93 Application of amendments
Division 3 Collection of information for disclosure to Commonwealth
106A Collection and disclosure of reportable information
33 Gaming machine tax (section 149(3) of the Act)
NORTHERN
TERRITORY OF AUSTRALIA
____________________
Act No. [ ] of 2017
____________________
An Act to amend legislation for revenue measures contained in the 2017-18 Budget
[Assented to [ ] 2017]
[Second reading [ ] 2017]
The Legislative Assembly of the Northern Territory enacts as follows:
Part
1 Preliminary
matters
1 Short
title
This Act may be cited as the Revenue and Other Legislation Amendment Act 2017.
This Act commences on 1 July 2017.
Part
2 Amendment of Gaming Control
Act
3 Act
amended
This Part amends the Gaming Control Act.
Section 68D(2), definition taxation provision of this Act
omit
24(3)
insert
24(2)(c)
Section 84(1)(a)
omit
24(3)
insert
24(2)(c)
After section 92
insert
Division 5 Transitional matters for Revenue and Other Legislation Amendment Act 2017
The amendments made to sections 68D(2) and 84(1)(a) by the Revenue and Other Legislation Amendment Act 2017 apply, and are taken to have applied, on and after 1 July 2015.
Part
3 Amendment of Payroll Tax
Act
7 Act
amended
This Part amends the Payroll Tax Act.
(1) Section 29(7)(a)
omit
all words from "prescribed" to "method""
insert
of cents per kilometre determined under section 28-25(4) of the ITAA for subsection (1) of that section
(2) Section 29(7)(b), after "no rate"
insert
of cents per kilometre
(3) Section 29(7)(b)
omit
prescribed (first reference)
insert
determined
Part
4 Amendment of Stamp Duty
Act
9 Act
amended
This Part amends the Stamp Duty Act.
(1) Section 89A(1)(b)
omit, insert
(b) at least 1 conveyee:
(i) at the relevant time, is 60 years of age or older; or
(ii) at the relevant time, is the holder of an NT Pensioner and Carer Concession Card; or
(iii) at the relevant time, is entitled to hold an NT Pensioner and Carer Concession Card and, at the time of the application for the concession, is the holder of such a card; and
Schedule 1, clause 1(2)(c)
omit, insert
(c) if the dutiable value is $3 000 000 or more but is less than $5 000 000, the duty is 5.75% of the dutiable value;
(d) if the dutiable value is $5 000 000 or more, the duty is 5.95% of the dutiable value.
Schedule 2, after clause 12
insert
12A Conveyance of a renewable energy certificate under the Renewable Energy (Electricity) Act 2000 (Cth).
Part
5 Amendment of Taxation Administration
Act
13 Act
amended
This Part amends the Taxation Administration Act.
14 Part 10, Division 1 heading inserted
Before section 101
insert
Division 1 Preliminary matters
15 Part 10, Division 2 heading inserted
After section 101
insert
Division 2 Disclosure of confidential information
16 Part 10, Division 3 inserted
After section 106
insert
Division 3 Collection of information for disclosure to Commonwealth
106A Collection and disclosure of reportable information
(1) The Commissioner may collect reportable information.
(2) Without limiting subsection (1), the Commissioner may collect reportable information by:
(a) requesting a person providing information for a function carried out under a taxation law to provide the reportable information; or
(b) requesting reportable information to be provided in connection with the lodgement of an instrument, or the making of an application, under a taxation law.
(3) The Commissioner may disclose reportable information to the Commissioner of Taxation of the Commonwealth.
(4) In this section:
reportable information means information that is reportable by the Territory to the Commissioner of Taxation of the Commonwealth under Schedule 1, Chapter 5, Part 5-25, Division 396, subdivision 396-B of the Taxation Administration Act 1953 (Cth).
Part
6 Amendment of Gaming Machine
Regulations
17 Regulations
amended
This Part amends the Gaming Machine Regulations.
Regulation 33
repeal, insert
33 Gaming machine tax (section 149(3) of the Act)
For section 149(3) of the Act:
(a) a component of the gross monthly profit of Category 1 licensed premises is liable to tax:
(i) in respect of a month occurring in the financial year ending on 30 June 2018, at the rate specified in table A; and
(ii) in respect of the month of July 2018 and all subsequent months, at the rate specified in table B; and
(b) a component of the gross monthly profit of Category 2 licensed premises is liable to tax at the rate specified in table A.
Table A
Component of Gross Monthly
Profit
|
Percentage
|
Up to $5 000
|
12.91%
|
$5 001 to $50 000
|
22.91%
|
$50 001 to $150 000
|
32.91%
|
$150 001 and above
|
42.91%
|
Example for table A
If the gross monthly profit is $250 000, the first $5 000 will be taxed at 12.91%, the next $45 000 will be taxed at 22.91%, the next $100 000 will be taxed at 32.91% and the remaining $100 000 will be taxed at 42.91%.
Table B
Component of Gross Monthly
Profit
|
Percentage
|
Up to $5 000
|
17.91%
|
$5 001 to $50 000
|
27.91%
|
$50 001 to $100 000
|
32.91%
|
$100 001 and above
|
42.91%
|
Example for table B
If the gross monthly profit is $250 000, the first $5 000 will be taxed at 17.91%, the next $45 000 will be taxed at 27.91%, the next $50 000 will be taxed at 32.91% and the remaining $150 000 will be taxed at 42.91%.
Part
7 Amendment of Motor Vehicles (Fees and Charges)
Regulations
19 Regulations
amended
This Part amends the Motor Vehicles (Fees and Charges) Regulations.
Schedule 1, Part 2, Item 2
omit, insert
2
|
Registration or renewal of registration of motor
vehicles or trailers (other than those vehicles for which another fee is
prescribed by this Schedule or Schedule 2)
|
|
|
|
(a) motor vehicles (other than motor cycles) with
engine capacity
|
13(1)
|
|
|
(i) not greater than 1 L
|
|
36 per 500 ml and any excess
|
|
(ii) greater than 1 L but not greater than 2
L
|
|
39 per 500 ml and any excess
|
|
(iii) greater than 2 L but not greater than 3 L,
except engines with more than 4 cylinders and rotary engines
|
|
156
|
|
(iv) greater than 2 L but not greater than 3 L and
not included in subparagraph (iii)
|
|
33 per 500 ml and any excess
|
|
(v) greater than 3 L but not greater than 4
L
|
|
35 per 500 ml and any excess
|
|
(vi) greater than 4 L but not greater than 5
L
|
|
36 per 500 ml and any excess
|
|
(vii) greater than 5 L but not greater than 6
L
|
|
39 per 500 ml and any excess
|
|
(viii) greater than 6 L but not greater than 7
L
|
|
76 per L and any excess
|
|
(ix) greater than 7 L but not greater than 9
L
|
|
69 per L and any excess
|
|
(x) greater than 9 L but not greater than 12
L
|
|
68 per L and any excess
|
|
(xi) greater than 12 L
|
|
68 per L and any excess
|
|
(xii) maximum charge for any motor tractor or
plant
|
|
198
|
|
(b) any vehicle powered solely by electricity (other
than a motor cycle)
|
13(1)
|
72
|
|
(c) trailers, and caravans, having a gross vehicle
mass not exceeding 4.5 t
|
13(1)
|
|
|
(i) not greater than 200 kg tare
mass
|
|
12
|
|
(ii) greater than 200 kg tare mass but not greater
than 1 t tare mass
|
|
12 per 200 kg tare mass and any
excess
|
|
(iii) greater than 1 t tare mass but not greater
than 2 t tare mass
|
|
15 per 200 kg tare mass and any
excess
|
|
(iv) greater than 2 t tare mass
|
|
70 per t tare mass and any excess
|
|
(d) motor cycles with engine capacity
|
13(1)
|
|
|
(i) not greater than 600 ml
|
|
24
|
|
(ii) greater than 600 ml
|
|
36
|
Part 8 Expiry
of
Act
21 Expiry
of Act
This Act expires on the day after it commences.
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