Australian Taxation Office

New or updated materials on ATO website, including:

Family Tax Benefit

The Government has announced revised Family Tax Benefit measures that aim to give better targeted assistance to families, encourage workforce participation and fund the Government’s $3.5 billion Jobs for Families package. Legislation was introduced into Parliament yesterday to implement these changes.

Progress of Bills

Customs Amendment (China-Australia Free Trade Agreement Implementation) Bill 2015 andCustoms Tariff Amendment (China-Australia Free Trade Agreement Implementation) Bill 2015, which together seek to implement the China-Australia Free Trade Agreement, were debated in the House of Representative yesterday.

Customs and Trade

The Government has announced that it has reached agreement with the Opposition to support the China Australia Free Trade Agreement. The Bills to implement the agreement are expected to pass the House of Representatives today, and be passed by the Senate when it next sits during the week commencing Monday 9 November 2015.