Medicare Levy Amendment (National Disability Insurance Scheme Funding) Bill 2017 and related Bills

Update 25 April 2018: The proposed medicare levy increase to 2.5% has been abandoned.

A package of 11 bills to fund the Commonwealth’s contribution to the National Disability Insurance Scheme, by increasing the Medicare levy from 2 per cent to 2.5 per cent of a person’s taxable income.

Under the Bills, the rate changes would apply from 1 July 2019 (FBT rate from 1 April 2019) for the 2019-20 year and following.

Bills in the package

  1. Medicare levy amendment (national disability insurance scheme funding) Bill 2017
  2. Fringe Benefits Tax Amendment (National Disability Insurance Scheme Funding) Bill 2017
  3. Income Tax Rates Amendment (National Disability Insurance Scheme Funding) Bill 2017
  4. Superannuation (Excess Non-concessional Contributions Tax) Amendment (National Disability Insurance Scheme Funding) Bill 2017
  5. Superannuation (Excess Untaxed Roll-over Amounts Tax) Amendment (National Disability Insurance Scheme Funding) Bill 2017
  6. Income Tax (TFN Withholding Tax (ESS)) Amendment (National Disability Insurance Scheme Funding) Bill 2017
  7. Family Trust Distribution Tax (Primary Liability) Amendment (National Disability Insurance Scheme Funding) Bill 2017
  8. Taxation (Trustee Beneficiary Non-disclosure Tax) (No. 1) Amendment (National Disability Insurance Scheme Funding) Bill 2017
  9. Taxation (Trustee Beneficiary Non-disclosure Tax) (No. 2) Amendment (National Disability Insurance Scheme Funding) Bill 2017
  10. Treasury Laws Amendment (Untainting Tax) (National Disability Insurance Scheme Funding) Bill 2017
  11. Nation-building funds repeal (National Disability Insurance scheme funding) Bill 2017

Comparison of key features of new law and current law

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This page was last modified 2018-04-25