Tax Laws Amendment (2013 Measures No. 2) Act 2013 (124 of 2013)
Schedule 1 Monthly PAYG instalments
Part 1 Main amendments
Taxation Administration Act 1953
9 After section 45-61 in Schedule 1
45-65 Meaning of instalment month
For an income year (whether it ends on 30 June or not), the following are instalment months :
(a) the month that starts on the first day of the income year;
(b) each subsequent month.
Note: For the meaning of month , see section 2G of the Acts Interpretation Act 1901.
45-67 When monthly instalments are due - payers of monthly instalments
You are not a deferred BAS payer
(1) If you are a *monthly payer, the instalment for an *instalment month that you are liable to pay is due on or before the 21st day of the next instalment month.
(a) subsection (1) would, but for this subsection, have applied to you in relation to an *instalment month; but
(b) you are a *deferred BAS payer on the 21st day of the next instalment month;
the instalment for the month mentioned in paragraph (a) is instead due on or before:
(c) the 28th day of that next instalment month unless that next instalment month is January; or
(d) if that next instalment month is January - the next 28 February.
Note: 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 that next month: see section 45-715 (as it has effect because of section 45-703).