Change in Debt Agreement Thresholds

From the 20th September 2012, the changes to Income, Debts & Assets thresholds for Debt Agreements are as follows:

  • For the purposes of s.185C (4)(d), the “after tax income level” defined in that section is $73 259.55
  • For the purposes of section 185C(5), the “threshold amount” defined in that section is $97 679.40

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