Commonwealth Numbered Regulations

1989 No. 80 INCOME TAX REGULATIONS (AMENDMENT) - REG 2

2. The Income Tax Regulations are amended by adding at the end the following
Schedule:
SCHEDULE 8
Regulation 56 PRESCRIBED RATE OF DEDUCTION
FOR CAR EXPENSES
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-- Column 1  Column 2                    Column 3
Column 4 Item No. Engine capacity of car
not powered by a rotary
engine (cubic centimetres) Engine capacity of car
powered by a rotary
engine (cubic centimetres) Prescribed rate (cents)
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-- PART I-YEAR OF INCOME COMMENCING ON 1 JULY 1986
1         Not exceeding 1500          Not exceeding 750

26.1 2         Exceeding 1500 but not

          exceeding 2000              Exceeding 750 but not

exceeding 1000
30.5 3         Exceeding 2000 but not

          exceeding 4000              Exceeding 1000 but not

exceeding 2000
35.0 4         Exceeding 4000              Exceeding 2000
36.2 PART II-YEAR OF INCOME COMMENCING ON 1 JULY 1987
5         Not exceeding 1500          Not exceeding 750

28.9 6         Exceeding 1500 but not

          exceeding 2000              Exceeding 750 but not

exceeding 1000
33.8 7         Exceeding 2000 but not

          exceeding 4000              Exceeding 1000 but not

exceeding 2000
38.8 8         Exceeding 4000              Exceeding 2000
40.1
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