Income Tax Assessment Act 1997
CHAPTER 2
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LIABILITY RULES OF GENERAL APPLICATION
PART 2-42
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PERSONAL SERVICES INCOME
Division 86
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Alienation of personal services income
Subdivision 86-B
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Entitlement to deductions
SECTION 86-80
86-80
Salary or wages promptly paid
Section 86-60 does not stop a * personal services entity deducting an amount for salary or wages it pays to the individual referred to in that section before the end of the 14th day after the * PAYG payment period during which the amount became * ordinary income or * statutory income of the entity.
View history note
Hide history noteSection 86-60 does not stop a * personal services entity deducting an amount for salary or wages it pays to the individual referred to in that section before the end of the 14th day after the * PAYG payment period during which the amount became * ordinary income or * statutory income of the entity.
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