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 15 - Working out the amount to withhold  

Subdivision 15-A - Working out how much to withhold  

SECTION 15-10   HOW MUCH TO WITHHOLD  

15-10(1)  
The amount that Subdivision 12-B , 12-C or 12-D requires to be withheld from a payment is to be worked out under the withholding schedules made under section 15-25 . However, if the regulations prescribe how the amount is to be worked out, then it is to be worked out under the regulations.

Note 1:

A TFN declaration, declaration under section 15-50 or voluntary agreement may affect how much is required to be withheld under the withholding schedules or regulations.

Note 2:

The Commissioner may vary an amount required to be withheld. See section 15-15 .

15-10(2)  

The amount that Subdivision 12-E , 12-F , 12-FA , 12-FAA , 12-FB , 12-FC , 12-G (except one covered by section 12-325 ) or 12-J requires to be withheld from a payment is to be worked out under the regulations.

Note 1:

The amount that section 12-325 requires to be withheld is worked out under that section.

Note 2:

The Commissioner may vary an amount required to be withheld. See section 15-15 .

15-10(3)  

The amount that Subdivision 12-H requires to be withheld from a payment or receipt is worked out under subsection 12-385(2) , 12-390(2) or 12-390(5) .