Taxation Administration Act 1953
SCHEDULE 1
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COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
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.
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.
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) .
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 15
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Working out the amount to withhold
Subdivision 15-A
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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) .
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