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 2-10 - PAY AS YOU GO (PAYG) INSTALMENTS  

Division 45 - Instalment payments  

Subdivision 45-B - When instalments are due  

SECTION 45-61   WHEN QUARTERLY INSTALMENTS ARE DUE - PAYERS OF QUARTERLY INSTALMENTS  

You are not a deferred BAS payer

45-61(1)  
Subject to subsection (2), if you are:


(a) a *quarterly payer who pays on the basis of instalment income; or


(b) a *quarterly payer who pays 4 instalments annually on the basis of GDP-adjusted notional tax; or


(c) a *quarterly payer who pays 2 instalments annually on the basis of GDP-adjusted notional tax;

the instalment for an *instalment quarter that you are liable to pay is due on or before the 21st day of the month after the end of that quarter.

Note:

You are only liable to pay instalments for the third and fourth instalment quarters in an income year if you are a quarterly payer who pays 2 instalments annually on the basis of GDP-adjusted notional tax. See section 45-50 .

You are a deferred BAS payer

45-61(2)  
If:


(a) subsection (1) would, but for this subsection, have applied to you in relation to an *instalment quarter; but


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

the instalment for that quarter is instead due on or before:


(c) the 28th day of the month after the end of that quarter unless all or a part of a December falls within the last month of that quarter; or


(d) if all or a part of a December falls within the last month of that quarter - the next 28 February.

Note 1:

You are only liable to pay instalments for the third and fourth instalment quarters in an income year if you are a quarterly payer who pays 2 instalments annually on the basis of GDP-adjusted notional tax. See section 45-50 .

Note 2:

If you are the head company of a consolidated group to which Subdivision 45-Q applies, the instalment is due on or before the 21st day of the month after the end of the quarter: see section 45-715 .




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