The Temporary Flood and Cyclone Reconstruction levy (flood levy) will now apply to individuals for the 2011-2012 year. Tax Laws Amendment Bill 2011 was tabled in parliament in February 2011 and received royal assent in April 2011. The tax tables, however, were released last week in May 2011. To find out the details of what is changing in Global Payroll Australia as well as targeted delivery dates, please visit the Knowledge Center on Support.Oracle.com.
If further amendments are made, we will revise the document accordingly.
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