Taxation Administration Act 1953
SCHEDULE 1
-
COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES
An entity is not required to comply with a requirement of:
(a) subsection 16-150(1) (Commissioner must be notified of amounts); or
(b) section 16-153 (annual reports - other payments); or
(c) section 16-155 (annual payment summary); or
(d) section 16-160 (part-year payment summary); or
(e) section 16-165 (payment summaries for superannuation lump sums and payments for termination of employment); or
(f) section 16-175 in relation to compliance with any requirements under section 16-155 , 16-160 or 16-165 ;
However, paragraphs (1)(b), (c) and (e) do not apply, in relation to requirement to give a notice, report or statement relating to payments made in a *financial year, unless, within 14 days after the end of the financial year, the entity makes a declaration to the Commissioner that:
(a) states that the entity has notified under section 389-5 or 389-15 all the information that the entity would otherwise be required to give under sections 16-153 , 16-155 and 16-165 relating to payments made in the financial year; and
(b) is in the *approved form.
Note: See section 3AA .
Chapter 5 - Administration
PART 5-25
-
RECORD-KEEPING AND OTHER OBLIGATIONS RELATING TO TAXPAYERS
Division 389
-
Reporting by employers
Guide to Division 389
SECTION 389-20
EFFECT ON REPORTING REQUIREMENTS UNDER SUBDIVISION 16-C
389-20(1)
An entity is not required to comply with a requirement of:
(a) subsection 16-150(1) (Commissioner must be notified of amounts); or
(b) section 16-153 (annual reports - other payments); or
(c) section 16-155 (annual payment summary); or
(d) section 16-160 (part-year payment summary); or
(e) section 16-165 (payment summaries for superannuation lump sums and payments for termination of employment); or
(f) section 16-175 in relation to compliance with any requirements under section 16-155 , 16-160 or 16-165 ;
to give a notice, report or statement to the extent that it would relate to an amount that the entity has notified under section 389-5 or 389-15 .
389-20(2)
However, paragraphs (1)(b), (c) and (e) do not apply, in relation to requirement to give a notice, report or statement relating to payments made in a *financial year, unless, within 14 days after the end of the financial year, the entity makes a declaration to the Commissioner that:
(a) states that the entity has notified under section 389-5 or 389-15 all the information that the entity would otherwise be required to give under sections 16-153 , 16-155 and 16-165 relating to payments made in the financial year; and
(b) is in the *approved form.
This information is provided by CCH Australia Limited Link opens in new window. View the disclaimer and notice of copyright.