What the official record says
This Act is the Income Tax (FamilyBoost) Amendment Act . This Act comes into force on 1 July 2025. This Act amends the Income Tax Act 2007. In section MH 3(2), replace with , and replace with . In section MH 3(3)(b), replace with . apply to tax credit quarters commencing on or after 1 July 2025. In section MH 5(2), replace with . In section MH 5(3), replace with , and replace with . apply to tax credit quarters commencing on or after 1 July 2025.