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The Election is Announced: It’s Almost Over

By on June 26, 2015 in Hints & Tips, Interesting Articles

The Election is Announced: It’s Almost Over

Editor: I doubt this has escaped your notice, but we should report it nonetheless!
The Prime Minister, Kevin Rudd, visited the Governor-General on 4 August 2013 and Her Excellency accepted his advice that an election be held on Saturday 7 September.
Note: With the election being announced, the House of Representatives was dissolved at 5.30pm on 5 August 2013, and the Government moved into ‘caretaker mode.’
This also caused a number of Bills still before Parliament to lapse, including the:
  • Superannuation Legislation Amendment (Reducing Illegal Early Release and Other Measures) Bill 2013 which, among other things, was going to allow the ATO to impose administrative directions and penalties for contraventions relating to SMSFs; and
  • Tax Laws Amendment (2013 Measures No. 4) Bill 2013, which was going to make changes to the R&D tax incentive, and clarify when excess GST will be refundable.

 

 

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