Treasury Laws Amendment (Lower Taxes for Small and Medium Businesses) Act 2018 (Cth)

Treasury Laws Amendment (Lower Taxes for Small and Medium Businesses) Act 2018

No. 134, 2018

An Act to amend the law relating to taxation, and for related purposes

Contents 1 Short title 2 Commencement 3 Schedules Schedule 1—Reducing the corporate tax rate and consequential amendments Part 1—Commencement Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 Part 2—Main amendments Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 Part 3—Application of amendments Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 Schedule 2—Amount of tax discount for unincorporated small businesses Part 1—Commencement Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 Part 2—Main amendments Treasury Laws Amendment (Enterprise Tax Plan) Act 2017 Part 3—Application of amendments Treasury Laws Amendment (Enterprise Tax Plan) Act 2017

Treasury Laws Amendment (Lower Taxes for Small and Medium Businesses) Act 2018 No. 134, 2018

An Act to amend the law relating to taxation, and for related purposes

[Assented to 25 October 2018]

The Parliament of Australia enacts:

1 Short title This Act is the Treasury Laws Amendment (Lower Taxes for Small and Medium Businesses) Act 2018.

2 Commencement (1) Each provision of this Act specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. The whole of this Act The first 1 January, 1 April, 1 July or 1 October to occur after the day this Act receives the Royal Assent. 1 January 2019