First Home Buyer Mortgage Tax Deductibility Scheme
The proposal would allow first home buyers, who purchase a newly built home, the ability to deduct the interest paid on up to $650,000 of their mortgage from their assessable income. There is no cap on the size of a mortgage captured under this policy.
The measure will be available to individuals earning up to $175,000 and joint applicants earning up to $250,000. Once found eligible, participants will retain access to the deduction even if their income rises.
The deduction can be claimed for up to 5 years, if the home is the principal place of residence.
Read moreFirst Home Buyer Mortgage Tax Deductibility Scheme
The proposal would allow first home buyers, who purchase a newly built home, the ability to deduct the interest paid on up to $650,000 of their mortgage from their assessable income. There is no cap on the size of a mortgage captured under this policy.
The measure will be available to individuals earning up to $175,000 and joint applicants earning up to $250,000. Once found eligible, participants will retain access to the deduction even if their income rises.
The deduction can be claimed for up to 5 years, if the home is the principal place of residence.
Read moreFirst Home Buyer Mortgage Tax Deductibility Scheme
The proposal would allow first home buyers, who purchase a newly built home, the ability to deduct the interest paid on up to $650,000 of their mortgage from their assessable income. There is no cap on the size of a mortgage captured under this policy.
The measure will be available to individuals earning up to $175,000 and joint applicants earning up to $250,000. Once found eligible, participants will retain access to the deduction even if their income rises.
The deduction can be claimed for up to 5 years, if the home is the principal place of residence.
Read moreReplace biosecurity protection levy with import container levy
The proposal would establish a new Sustainable Biosecurity Funding Model that includes an import container levy.
The proposal would be ongoing and start on 1 July 2025
Read moreReplace biosecurity protection levy with import container levy
The proposal would establish a new Sustainable Biosecurity Funding Model that includes an import container levy.
The proposal would be ongoing and start on 1 July 2025
Read moreReplace biosecurity protection levy with import container levy
The proposal would establish a new Sustainable Biosecurity Funding Model that includes an import container levy.
The proposal would be ongoing and start on 1 July 2025
Read moreRegulation and taxation of vaping products
The proposal would legalise e-cigarettes in a regulated environment similar to that for tobacco cigarettes.
E-liquid would be subject to an excise rate of $1.00 per millilitre (mL).
The proposal would be ongoing and start on 1 July 2025.
Read moreRegulation and taxation of vaping products
The proposal would legalise e-cigarettes in a regulated environment similar to that for tobacco cigarettes.
E-liquid would be subject to an excise rate of $1.00 per millilitre (mL).
The proposal would be ongoing and start on 1 July 2025.
Read moreRegulation and taxation of vaping products
The proposal would legalise e-cigarettes in a regulated environment similar to that for tobacco cigarettes.
E-liquid would be subject to an excise rate of $1.00 per millilitre (mL).
The proposal would be ongoing and start on 1 July 2025.
Read moreCreating a small business and primary producer energy incentive
The proposal would reintroduce the Small Business Energy Incentive (SBEI) and extend the duration of SBEI for 3 years. The proposal would also increase the bonus tax deduction up to $30,000 for eligible technology and assets that make their businesses more energy efficient.
The proposal is eligible for small and medium businesses (including all primary producers) with turnover up to $50 million.
Read morePagination
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