Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill
Officials' report to the Finance and Expenditure Committee on submissions received on the Bill
Annual rates for 2020–21
Annual rates of income tax
Issue: Support annual rates
(Chartered Accountants Australia and New Zealand, Navtej Singh)
The submitters support the annual income tax rates for the 2020–21 tax year remaining the same as for the 2019–20 tax year as specified in schedule 1, part A of the Income Tax Act 2007.
Officials note the submissions.
That the submission be noted.