The Tax Laws Amendment (2012 Measures No 5) Bill 2012 has passed the House of Reps with 3 Government amendments and now moves to the Senate.
The 3 Government amendments omitted Schedules 3 and 4 of the Bill which concerned a compliance regime for gaseous fuels and specific fuel blending excise exemptions.
Otherwise, the Bill proposes a range of miscellaneous amendments including phasing-out of the mature age worker tax offset (s61-560); changing eligibility requirements to the conservation tillage refundable tax offset; and wine equalisation tax rebate amendments.
[LTN 211, 31/10]