Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
An entity must withhold an amount from a *Commonwealth education or training payment it makes to an individual.
In working out the amount to be withheld, disregard so much of the payment as is *exempt income of the individual.
Note: See section 3AA .
Chapter 2 - Collection, recovery and administration of income tax
PART 2-5
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PAY AS YOU GO (PAYG) WITHHOLDING
Division 12
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Payments from which amounts must be withheld
Subdivision 12-D
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Benefit and compensation payments
SECTION 12-115
COMMONWEALTH EDUCATION OR TRAINING PAYMENT
12-115(1)
An entity must withhold an amount from a *Commonwealth education or training payment it makes to an individual.
For exceptions, see subsection (2) and section 12-1 .
12-115(2)In working out the amount to be withheld, disregard so much of the payment as is *exempt income of the individual.
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