The Treasury is seeking public comment on:
- The draft definition of ‘feminine hygiene products’ for GST purposes; and
- Legislation and regulations which will provide an exemption from the work test for superannuation contributions
Goods and Services Tax (GST) treatment of feminine hygiene products
The Treasury is seeking comments on the draft definition of ‘feminine hygiene products’ for GST purposes.
The proposed definition, which includes tampons, pads and cups, was drafted in consultation with the Department of Health and the Office of Women and considered at the Treasurers’ meeting last week.
Following the consultation, a Ministerial Determination will be made, which is expected to be tabled in Parliament later this year, and the GST will be removed from next year (1 January 2019).
Key documents alongside a full description of this consultation can be found here.
Comments on the draft definition close on Monday 22 October 2018.
Work test exemption for recent retirees – Draft legislation and regulations
The Government is seeking public comment on legislation and regulations which will provide a one‑year exemption from the work test for superannuation contributions, to allow recent retirees to boost their superannuation balances.
Key documents alongside a full description of this consultation can be found here.
Comments on this consultation close on Friday 26 October 2018.
(Source: The Treasury | Treasurer’s Media Release)
Recent Comments