Income Tax Assessment Amendment Regulations 2000 (No. 1) (1 of 2000)
Schedule 1 Amendments
[2] After regulation 995-1.01
insert
Schedule 1 Cents per kilometre
(regulation 28-25.01)
Part 1 Definitions
In this Schedule:
small car means a car that is powered by:
(a) an engine (other than a rotary engine) with a capacity that does not exceed 1600 cm3; or
(b) a rotary engine with a capacity that does not exceed 800 cm3.
medium car means a car that is powered by:
(a) an engine (other than a rotary engine) with a capacity that exceeds 1600 cm3 but does not exceed 2600 cm3; or
(b) a rotary engine with a capacity that exceeds 800 cm3 but does not exceed 1300 cm3.
large car means a car that is powered by:
(a) an engine (other than a rotary engine) with a capacity that exceeds 2600 cm3; or
(b) a rotary engine with a capacity that exceeds 1300 cm3.
Part 2 Cents
|
Item |
Year of income |
Small car |
Medium car |
Large car |
|
1 |
1997-98 |
45.7 |
51.9 |
53.8 |
|
2 |
1998-99 |
45.7 |
51.9 |
53.8 |
|
3 |
1999-00 |
45.9 |
54.9 |
55.8 |
Note For the rate prescribed for earlier income years, see r 147 of the Income Tax Regulations 1936.
Copyright notice
© 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).
