Tax Laws Amendment (Improvements to Self Assessment) Act (No. 2) 2005 (161 of 2005)

Schedule 1   Assessments

Part 4   Consequential amendments

Division 2   Nil assessment provisions

Taxation Administration Act 1953
53   Section 18-27 in Schedule 1

Repeal the section, substitute:

18-27 Tax credit for alienated personal services payments

A person is entitled to a credit equal to the total of the amounts paid under Division 13 in respect of amounts included in the person's assessable income for an income year under section 86-15 of the Income Tax Assessment Act 1997 if an assessment has been made of the income tax payable, or an assessment has been made that no income tax is payable, by the person for the income year.