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Schedule 1 – Statement of formulas for calculating amounts to be withheld

Calculate the tax to withhold from weekly, fortnightly, monthly or quarterly payments.

Last updated 12 October 2020

This withholding schedule is made by the Commissioner of Taxation in accordance with sections 15-25 and 15-30 of Schedule 1 to the Taxation Administration Act 1953 (TAA). It applies to withholding payments covered by Subdivisions 12-B (except sections 12-50 and 12-55), and 12-D of Schedule 1 to the TAA.

QC63798