The proposal would implement a cap of $3,000 on tax deductions for individual taxpayers related to the cost of managing tax affairs.

The cap would not apply to small businesses with positive business income and annual turnover of less than $2 million.

The deduction cap would not apply to adjusted taxable income for the purposes of calculating eligibility for family and childcare payments.

The proposal would have effect from 1 July 2019.

This proposal would amend the rules on investments in build‐to‐rent housing by managed investment trusts.  Currently, the managed investment trust withholding tax rate on distributions attributable to these investments is 30 per cent (with the exception of investments in affordable housing).  

This proposal would introduce a concessional managed investment trust withholding tax rate on these distributions of 15 per cent (consistent with the treatment of affordable housing).

The proposal would commence on 1 July 2019.

This proposal has 2 components for temporary concessions for passenger electric vehicles (EVs) priced below the luxury car tax (LCT) threshold for fuel efficient vehicles.

• Component 1 – Eligible EVs would be exempt from remaining import tariffs.
• Component 2 – Eligible EVs would be exempt from Fringe Benefits Tax (FBT).

This proposal would be announced and take effect from 1 July 2022.

This proposal has 2 components for temporary concessions for passenger electric vehicles (EVs) priced below the luxury car tax (LCT) threshold for fuel efficient vehicles.

• Component 1 – Eligible EVs would be exempt from remaining import tariffs.
• Component 2 – Eligible EVs would be exempt from Fringe Benefits Tax (FBT).

This proposal would be announced and take effect from 1 July 2022.

This proposal has 2 components for temporary concessions for passenger electric vehicles (EVs) priced below the luxury car tax (LCT) threshold for fuel efficient vehicles.

• Component 1 – Eligible EVs would be exempt from remaining import tariffs.
• Component 2 – Eligible EVs would be exempt from Fringe Benefits Tax (FBT).

This proposal would be announced and take effect from 1 July 2022.

This proposal has 2 components for temporary concessions for passenger electric vehicles (EVs) priced below the luxury car tax (LCT) threshold for fuel efficient vehicles.

• Component 1 – Eligible EVs would be exempt from remaining import tariffs.
• Component 2 – Eligible EVs would be exempt from Fringe Benefits Tax (FBT).

This proposal would be announced and take effect from 1 July 2022.

This proposal has 2 components for temporary concessions for passenger electric vehicles (EVs) priced below the luxury car tax (LCT) threshold for fuel efficient vehicles.

• Component 1 – Eligible EVs would be exempt from remaining import tariffs.
• Component 2 – Eligible EVs would be exempt from Fringe Benefits Tax (FBT).

This proposal would be announced and take effect from 1 July 2022.

This proposal has 2 components for temporary concessions for passenger electric vehicles (EVs) priced below the luxury car tax (LCT) threshold for fuel efficient vehicles.

• Component 1 – Eligible EVs would be exempt from remaining import tariffs.
• Component 2 – Eligible EVs would be exempt from Fringe Benefits Tax (FBT).

This proposal would be announced and take effect from 1 July 2022.

This proposal has 2 components for temporary concessions for passenger electric vehicles (EVs) priced below the luxury car tax (LCT) threshold for fuel efficient vehicles.

• Component 1 – Eligible EVs would be exempt from remaining import tariffs.
• Component 2 – Eligible EVs would be exempt from Fringe Benefits Tax (FBT).

This proposal would be announced and take effect from 1 July 2022.

The proposal consists of 2 components related to funding for tax compliance programs.

Component 1 would boost funding for the Australian Taxation Office (ATO) Tax Avoidance Taskforce by an extra $200 million per year from 1 July 2022 and extend its operations on an ongoing basis (the taskforce is currently funded until 30 June 2025).

Component 2 would provide ongoing funding to extend the ATO’s shadow economy compliance programs (which are currently funded until 30 June 2023).