The Government re-introduced a series of Bills in the House of Reps on Mon 23.6.2014, to repeal the carbon tax and the mining tax and related measures. The Bills had previously been defeated in the Senate.

The carbon tax repeal Bills are:

[LTN 118, 23/6/14]

Carbon tax repeal and mining tax repeal Bills pass Reps

All but 1 of the carbon tax repeal Bills were passed by the House of Reps on Thur 26.6.2014, without amendment and now proceed to the Senate (which resumes on 7 July 2014, with the newly elected Senators taking their place).

  • Clean Energy Legislation (Carbon Tax Repeal) Bill 2013 [No 2].
  • Clean Energy (Income Tax Rates and Other Amendments) Bill 2013 [No 2] – proposes to repeal the personal income tax cuts that were legislated to commence on 1 July 2015, and repeal the associated amendments to the low-income tax offset.
  • True-up Shortfall Levy (General) (Carbon Tax Repeal) Bill 2013 [No 2].
  • True-up Shortfall Levy (Excise) (Carbon Tax Repeal) Bill 2013 [No 2].
  • Customs Tariff Amendment (Carbon Tax Repeal) Bill 2013 [No 2].
  • Excise Tariff Amendment (Carbon Tax Repeal) Bill 2013 [No 2].
  • Ozone Protection and Synthetic Greenhouse Gas (Import Levy) Amendment (Carbon Tax Repeal) Bill 2013 [No 2].
  • Ozone Protection and Synthetic Greenhouse Gas (Import Levy) (Transitional Provisions) Bill 2013 [No 2].
  • Ozone Protection and Synthetic Greenhouse Gas (Manufacture Levy) Amendment (Carbon Tax Repeal) Bill 2013 [No 2].
  • Climate Change Authority (Abolition) Bill 2013 [No 2].

The Clean Energy Finance Corporation (Abolition) Bill 2014 was not passed by the House and debate on that Bill will resume after 14 July 2014 when the House resumes.

[LTN 122, 27/6/14]

Category: Tax Month - June 2014

Author: John Morgan

John Morgan is a tax specialist lawyer of more than three decades experience now practicing at the Victorian Bar - w: www.FJMtax.com e: f.john.morgan@vicbar.com.au