Taxation (Personal Tax Cuts, Annual Rates, and Remedial Matters) Act 2008

50 Schedule 1–Basic tax rates: income tax, ESCT, RSCT, RWT, and attributed fringe benefits

• (1) Schedule 1, part B is repealed.

  (2) In schedule 1, part D, clause 1, table 1,––

  • (a) in row 2, “$9,501” is replaced by “$11,401”:

  • (b) in row 3, “$45,600” is replaced by “$45,601”:

  • (c) in the table instructions, “RD 69(2)” is replaced by “RD 69(1)”.

  (3) In schedule 1, part D, clause 3, “If clause 5 does not apply” is replaced by “If clause 4 does not apply”.

  (4) In schedule 1, part D, clause 7, table 5, row 4, “1 and 2” is replaced by “1, 2, and 3”.