Tax Laws Amendment (2008 Measures No. 2) Act 2008 (38 of 2008)
Schedule 5 Early completion bonuses for apprentices
Income Tax Assessment Act 1997
3 After section 51-40
51-42 Bonuses for early completion of an apprenticeship
(1) The bonus must be provided under a scheme provided by a State or Territory, and the scheme must be specified in the regulations for the purposes of this section.
(2) The apprenticeship:
(a) must be for an occupation of a kind specified in the regulations; and
(b) must be completed within a time frame specified in the regulations for apprenticeships of that kind.
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).