TAXATION ADMINISTRATION ACT 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA.

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-1 - INTRODUCTION TO THE PAY AS YOU GO (PAYG) SYSTEM  

Division 6 - Guide to Parts 2-5 and 2-10  

SECTION 6-1   WHAT PARTS 2-5 AND 2-10 ARE ABOUT  

To help taxpayers meet their annual income tax liability, they are required to pay amounts of their income at regular intervals as it is earned during the year. The system for collecting these amounts is called "Pay as you go".

Amounts collected under this system also go towards meeting liability for Medicare levy and liability to repay debts under certain income-contingent loan schemes.


TABLE OF SECTIONS
TABLE OF SECTIONS
6-5 The Pay as you go (PAYG) system
6-10 How the amounts collected are dealt with




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