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  • Draft legislative instrument for review

    We are seeking feedback on the draft legislative instrument for pay as you go (PAYG) withholding variation to the rate of withholding for income stream beneficiaries who turn 60 years old during the financial year. The previous legislative instrument was sunset in 2017.

    This instrument provides for a more accurate amount of withholding for the relevant payees, by taking into account all their circumstances.

    We are seeking your feedback on the clarity of the draft legislative instrument, as well as be addressing any questions you may have.

    Next step:

      Last modified: 18 Apr 2018QC 55143