Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 4 - Generic assessment, collection and recovery rules  

PART 4-15 - COLLECTION AND RECOVERY OF TAX-RELATED LIABILITIES AND OTHER AMOUNTS  

Division 268 - Estimates  

Subdivision 268-C - Liability to pay estimates  

SECTION 268-25   268-25   ACCURACY OF ESTIMATE IRRELEVANT TO LIABILITY TO PAY  


You are liable to pay the unpaid amount of the estimate even if:


(a) the underlying liability never existed or has been discharged in full; or


(b) the unpaid amount of the underlying liability is less than the unpaid amount of the estimate.

Note 1:

Section 268-40 revokes the estimate if you give the Commissioner a statutory declaration, or file an affidavit, to the effect that the underlying liability never existed.

Note 2:

Subdivision 268-D provides ways in which you can challenge the estimate or its amount.




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