Tax and regulate cannabis

Summary of proposal

This proposal would legalise the production and sale of recreational cannabis in Australia through a tightly regulated model, as follows. 

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Tax and regulate cannabis

Summary of proposal

This proposal would legalise the production and sale of recreational cannabis in Australia through a tightly regulated model, as follows. 

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Dividend imputation credit refunds

Summary of proposal

The proposal involves two options to change the tax treatment of franking credits attached to distributions (otherwise known as imputation credits) from a refundable tax offset to a non-refundable tax offset: 

Option 1: Make franking credits non-refundable for all individuals and superannuation funds. 

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Dividend imputation credit refunds

Summary of proposal

The proposal involves two options to change the tax treatment of franking credits attached to distributions (otherwise known as imputation credits) from a refundable tax offset to a non-refundable tax offset: 

Option 1: Make franking credits non-refundable for all individuals and superannuation funds. 

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Dividend imputation credit refunds

Summary of proposal

The proposal involves two options to change the tax treatment of franking credits attached to distributions (otherwise known as imputation credits) from a refundable tax offset to a non-refundable tax offset: 

Option 1: Make franking credits non-refundable for all individuals and superannuation funds. 

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Personal Income Tax Plan

Summary of proposal

The request sought the financial implications of the 2018-19 Budget measure Personal Income Tax Plan. The information was requested over the period to 2028-29, and disaggregated into the components of the measure which start on 1 July 2018 (Components 1 and 2), 1 July 2022 (Components 3, 4 and 5), and 1 July 2024 (Components 6 and 7).

Component 1 increases the upper threshold for the 32.5 per cent marginal tax rate from $87,000 to $90,000 from 1 July 2018.

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Personal Income Tax Plan

Summary of proposal

The request sought the financial implications of the 2018-19 Budget measure Personal Income Tax Plan. The information was requested over the period to 2028-29, and disaggregated into the components of the measure which start on 1 July 2018 (Components 1 and 2), 1 July 2022 (Components 3, 4 and 5), and 1 July 2024 (Components 6 and 7).

Component 1 increases the upper threshold for the 32.5 per cent marginal tax rate from $87,000 to $90,000 from 1 July 2018.

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Personal Income Tax Plan

Summary of proposal

The request sought the financial implications of the 2018-19 Budget measure Personal Income Tax Plan. The information was requested over the period to 2028-29, and disaggregated into the components of the measure which start on 1 July 2018 (Components 1 and 2), 1 July 2022 (Components 3, 4 and 5), and 1 July 2024 (Components 6 and 7).

Component 1 increases the upper threshold for the 32.5 per cent marginal tax rate from $87,000 to $90,000 from 1 July 2018.

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Personal Income Tax Plan - 1 of 2

Summary of proposal

The request sought the financial implications of the 2018-19 Budget measure Personal Income Tax Plan. The information was requested over the period to 2028-29, and disaggregated into the components of the measure which start on 1 July 2018 (Components 1 and 2), 1 July 2022 (Components 3, 4 and 5), and 1 July 2024 (Components 6 and 7).

The request also sought the financial implications of each component by gender.

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Personal Income Tax Plan - 1 of 2

Summary of proposal

The request sought the financial implications of the 2018-19 Budget measure Personal Income Tax Plan. The information was requested over the period to 2028-29, and disaggregated into the components of the measure which start on 1 July 2018 (Components 1 and 2), 1 July 2022 (Components 3, 4 and 5), and 1 July 2024 (Components 6 and 7).

The request also sought the financial implications of each component by gender.

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