Income Tax Regulations (Amendment) (Cth)

Statutory Rules 1990

No. 398

Income Tax Regulations2 (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Income Tax Assessment Act 1936.

Dated 29 November 1990.

BILL HAYDEN

Governor-General

By His Excellency's Command.

R. McMullan.

Parliamentary Secretary to the Treasurer for and on behalf of the Treasurer

1. Commencement

1.1 These Regulations commence on 1 January 1991.

2. Amendment

2.1 The Income Tax Regulations are amended as set out in these Regulations.

3. Regulation 70 (Interpretation)

3.1 Subregulation 70 (1) (definition of "general exemption"):

Omit "$93.99", substitute "$98.99".

3.2 Subregulation 70 (1) (definition of "prescribed non-resident", paragraphs (a) and (b)):

Add at the end "or".

3.3 Subregulation 70 (1) (definition of "prescribed non-resident", paragraph (c)):

Omit "or".

3.4 Subregulation 70 (1) (definition of "prescribed non-resident", paragraph (d)):

Omit the paragraph.

3.5 Subregulation 70 (1) (definition of "weekly family income threshold"):

Omit "52.896532", substitute "52.806".

(S.R. 390/90)—Cat. No. 14/22.11.1990

4. Regulation 72 (Rate of deductions—employee claiming general exemption only and employee, not being a prescribed person, claiming general exemption and Medicare levy variation)

4.1 Amendments as follows:

Provision amended	Omit	Substitute
Paragraph 72 (1) (d)	$195	$222
Paragraph 72 (2) (a)	$208	$237
Paragraph 72 (2) (a)	195.29	222.42
Paragraph 72 (2) (b)	$208	$237

5. Regulation 73 (Rate of deductions—employee, being a prescribed person, claiming general exemption and Medicare levy variation)

5.1 Amendments as follows:

Provision amended	Omit	Substitute
Paragraph 73 (1) (e)	$329	$361
Paragraph 73 (2) (a)	$350	$384
Paragraph 73 (2) (a)	328.94	360.66
Paragraph 73 (2) (b)	$350	$384

6. Schedule 3 (Tables to be used in calculation of income tax instalment amounts in relation to employees)

6.1 Omit the Schedule, substitute:

SCHEDULE 3 Regulation 71

TABLES TO BE USED IN CALCULATION OF INCOME TAX INSTALMENT AMOUNTS IN RELATION TO EMPLOYEES

TABLE 1—EMPLOYEES TO WHOM PARAGRAPH 72 (1) (c) APPLIES

Column 1	Column 2	Column 3	Column 4
Item	Range in respect of relevant amount of earnings of employee	Factor	Amount
$
1	Not exceeding $98.99	0	0
2	Exceeding $98.99 but not exceeding $221.99	.2031	20.1900
3	Exceeding $221.99 but not exceeding $236.99	.4062	65.3670
4	Exceeding $236.99 but not exceeding $391.99	.2158	20.1946
5	Exceeding $391.99 but not exceeding $685.99	.3925	89.4610
6	Exceeding $685.99 but not exceeding $954.99	.4725	144.3533
7	Exceeding $954.99	.4825	153.9071

 

SCHEDULE 3—continued

TABLE 2—EMPLOYEES TO

 WHOM PARAGRAPH 73 (1) (c) APPLIES

Column 1	Column 2	Column 3	Column 4
Item	Range in respect of relevant amount of earnings of employee	Factor	Amount
$
1	Not exceeding $98.99	0	0
2	Exceeding $98.99 but not exceeding $391.99	.2031	20.19
3	Exceeding $391.99 but not exceeding $685.99	.3800	89.54
4	Exceeding $685.99 but not exceeding $954.99	.4600	144.43
5	Exceeding $954.99	.4700	153.98

TABLE 3—EMPLOYEES TO

WHOM PARAGRAPH 73 (1) (d) APPLIES

Column 1	Column 2	Column 3	Column 4
Item	Range in respect of relevant amount of earnings of employee	Factor	Amount
$
1	Not exceeding $98.99	0	0
2	Exceeding $98.99 but not exceeding $359.99	.2031	20.1900
3	Exceeding $359.99 but not exceeding $383.99	.3046	56.8172
4	Exceeding $383.99 but not exceeding $391.99	.2094	20.1888
5	Exceeding $391.99 but not exceeding $685.99	.3862	89.4984
6	Exceeding $685.99 but not exceeding $954.99	.4662	144.3907
7	Exceeding $954.99	.4762	153.9445

TABLE 4—EMPLOYEES TO

WHOM REGULATION 77 APPLIES

Column 1	Column 2	Column 3	Column 4
Item	Range in respect of relevant amount of earnings of employee	Factor	Amount
$
1	Not exceeding $106.99	.2125	0.2125
2	Exceeding $106.99 but not exceeding $400.99	.3925	19.5971
3	Exceeding $400.99 but not exceeding $670.99	.4725	51.7510
4	Exceeding $670.99	.4825	58.4625

 

SCHEDULE 3—continued

TABLE 5—EMPLOYEES TO

WHOM REGULATION 78 APPLIES

Column 1	Column 2	Column 3	Column 4
Item	Range in respect of relevant amount of earnings of employee	Factor	Amount
$
1	Not exceeding $397.99	.29	0.29
2	Exceeding $397.99 but not exceeding $691.99	.38	36.12
3	Exceeding $691.99 but not exceeding $960.99	.46	91.50
4	Exceeding $960.99	.47	101.12

NOTES

1. Notified in the Commonwealth of Australia Gazette on 6 December 1990.

2. Statutory Rules 1936 No. 94 as amended to date. For previous amendments see Note 2 to Statutory Rules 1990 No. 19 and see also Statutory Rules 1990 Nos. 19, 126, 151, 152, 192, 347 and 390.

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