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This is a Bill, not an Act. For current law, see the Acts databases.
TASMANIA
__________
TAXATION RELIEF BILL 2013
__________
CONTENTS
PART 1 - PRELIMINARY
1. Short title
2. Commencement
PART 2 - DUTIES ACT 2001 AMENDED
3. Principal Act
4. Section 199 amended (Exemptions)
PART 3 - FIRST HOME OWNER GRANT ACT 2000 AMENDED
5. Principal Act
6. Section 3 amended (Interpretation)
7. Section 13 amended (Eligible transaction)
8. Section 18A amended (Conditions on increase of grant)
PART 4 - PAYROLL TAX ACT 2008 AMENDED
9. Principal Act
10. Schedule 1 amended (Calculation of Payroll Tax Liability for
Financial Year Commencing 1 July 2008 and Subsequent
Financial Years)
PART 5 - MISCELLANEOUS
11. Repeal of Act
[Bill 35]-I
2
TAXATION RELIEF BILL 2013
This Public Bill originated in the House of Assembly, and, having this day passed, is
now ready for presentation to the Legislative Council for its concurrence.
P. R. ALCOCK, Clerk of the House
30 May 2013
(Brought in by the Minister for Finance, the Honourable Scott
Bacon)
A BILL FOR
An Act to amend the Duties Act 2001, the First Home
Owner Grant Act 2000 and the Payroll Tax Act 2008
Be it enacted by His Excellency the Governor of Tasmania, by
and with the advice and consent of the Legislative Council and
House of Assembly, in Parliament assembled, as follows:
PART 1 - PRELIMINARY
1. Short title
This Act may be cited as the Taxation Relief Act
2013.
2. Commencement
This Act commences on 1 July 2013.
[Bill 35] 3
Taxation Relief Act 2013
Act No. of
s. 3 Part 2 - Duties Act 2001 Amended
PART 2 - DUTIES ACT 2001 AMENDED
3. Principal Act
In this Part, the Duties Act 2001* is referred to
as the Principal Act.
4. Section 199 amended (Exemptions)
Section 199(1) of the Principal Act is amended
as follows:
(a) by omitting from paragraph (f)(ii)
"transfer." and substituting "transfer;";
(b) by inserting the following paragraph after
paragraph (f):
(g) an application to register a trailer,
or a notice of change of beneficial
ownership of a trailer, if the
trailer is constructed principally
for use as a dwelling.
*No. 15 of 2001
4
Taxation Relief Act 2013
Act No. of
Part 3 - First Home Owner Grant Act 2000 Amended s. 5
PART 3 - FIRST HOME OWNER GRANT ACT 2000
AMENDED
5. Principal Act
In this Part, the First Home Owner Grant Act
2000* is referred to as the Principal Act.
6. Section 3 amended (Interpretation)
Section 3(1) of the Principal Act is amended by
inserting after the definition of home the
following definition:
new home means -
(a) a home that has not previously
been occupied or sold as a place
of residence; or
(b) a home that -
(i) under section 40-75(1)(b)
of the A New Tax System
(Goods and Services Tax)
Act 1999 of the
Commonwealth, would be
considered new
residential premises due
to substantial renovations;
and
(ii) has not been occupied or
sold as a place of
*No. 19 of 2000
5
Taxation Relief Act 2013
Act No. of
s. 7 Part 3 - First Home Owner Grant Act 2000 Amended
residence since those
substantial renovations
were completed;
7. Section 13 amended (Eligible transaction)
Section 13(1) of the Principal Act is amended by
omitting paragraph (a) and substituting the
following paragraphs:
(a) a contract made on or after 1 July 2000
and before 1 July 2014 for the purchase
of a home in the State;
(ab) a contract made on or after 1 July 2000
for the purchase of a new home in the
State;
8. Section 18A amended (Conditions on increase of
grant)
Section 18A(1) of the Principal Act is amended
by omitting the definition of new home.
6
Taxation Relief Act 2013
Act No. of
Part 4 - Payroll Tax Act 2008 Amended s. 9
PART 4 - PAYROLL TAX ACT 2008 AMENDED
9. Principal Act
In this Part, the Payroll Tax Act 2008* is
referred to as the Principal Act.
10. Schedule 1 amended (Calculation of Payroll Tax
Liability for Financial Year Commencing
1 July 2008 and Subsequent Financial Years)
Schedule 1 to the Principal Act is amended by
omitting the definition of TA from clause 1 of
Part 1 and substituting:
TA or threshold amount is -
(a) $1 010 000 for a financial year
commencing on or before
1 July 2012; or
(b) $1 250 000 for a financial year
commencing on or after
1 July 2013.
*No. 16 of 2008
7
Taxation Relief Act 2013
Act No. of
s. 11 Part 5 - Miscellaneous
PART 5 - MISCELLANEOUS
11. Repeal of Act
This Act is repealed on the three hundred and
sixty fifth day from the day on which it receives
the Royal Assent.
8 Government Printer, Tasmania