What the official record says
This Act is the Taxation (Budget Measures) Act . This Act comes into force on the day after the date on which it receives the Royal assent, except as provided in this section. comes into force on 1 April 2024. comes into force on 1 July 2024. comes into force on 31 July 2024. comes into force on 1 April 2025. come into force on 1 April 2021. comes into force on 1 April 2025. comes into force on 1 April 2030. This Part amends the Income Tax Act 2007. After section LC 13, insert: This section applies for calculating the amount of a tax credit under section LC 13 for the period starting on 1 April 2024 and finishing on 30 July 2024. The tax credit for a person under section LC 13 is calculated using the formula— The items in the formula are defined in . is, if the person’s net income for the