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 2-5 - PAY AS YOU GO (PAYG) WITHHOLDING  

Division 16 - Payer ' s obligations and rights  

Subdivision 16-B - To pay withheld amounts to the Commissioner  

When and how to pay amounts to the Commissioner

SECTION 16-75   WHEN AMOUNTS MUST BE PAID TO COMMISSIONER  

Large withholder

16-75(1)  


A *large withholder must pay to the Commissioner as shown in the table an amount it withholds under Division 12 (other than section 12-175 or 12-180 ) during a month.


Payments by large withholders
Item If the amount is
withheld on this day of
week:
It must be paid to the Commissioner on or before:
1 Saturday or Sunday The second Monday after that day
2 Monday or Tuesday The first Monday after that day
3 Wednesday The second Thursday after that day
4 Thursday or Friday The first Thursday after that day

Medium withholders

16-75(2)  


Subject to subsection (2A), a *medium withholder must pay to the Commissioner an amount that it withholds during a month under Division 12 (other than section 12-175 or 12-180 ) by the end of the 21st day of the next month.

16-75(2A)  


If a *medium withholder:


(a) withholds an amount during a month under Division 12 (other than section 12-175 or 12-180 ) ; and


(b) is a *deferred BAS payer on the 21st day of the month (the next month ) following that month;

the medium withholder must pay that amount to the Commissioner by the end of the 28th day of:


(c) the next month unless the amount is withheld during December; or


(d) the next February if the amount is withheld during December.

Small withholders

16-75(3)  


Subject to subsection (4), if a *small withholder withholds an amount under Division 12 (other than section 12-175 or 12-180 ) during a month in a *quarter, it must pay the amount to the Commissioner by the end of the 21st day of the month after the end of that quarter.

16-75(4)  


If a *small withholder:


(a) withholds an amount under Division 12 (other than section 12-175 or 12-180 ) during a month in a *quarter; and


(b) is a *deferred BAS payer on the 21st day of the month after the end of that quarter;

the small withholder must pay that amount to the Commissioner as shown in the table:


Payments by *deferred BAS payers
Item If the amount is withheld during the *quarter ending on: the amount must be paid to the Commissioner by the end of:
1 30 September the following 28 October
2 31 December the following 28 February
3 31 March the following 28 April
4 30 June the following 28 July

Payment of income of closely held trust

16-75(5)  


A trustee must pay to the Commissioner an amount the trustee withholds under section 12-175 or 12-180 from a payment made during an income year. The trustee must do so:


(a) by the end of the 28th day of the next month following the day by which the trustee was required to give to the Commissioner a report under subsection 16-152(1) for the income year; or


(b) within a longer period allowed by the Commissioner.




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