Taxation Administration Act 1953I, Deborah Anne Jenkins, Deputy Commissioner of Taxation, make this instrument under subsection 389-25(5) of Schedule 1 to the Taxation Administration Act 1953.
1. Name of instrument
This determination is the Taxation Administration - Single Touch Payroll - Grace periods for correcting statements legislative instrument.
This instrument commences on 1 July 2018.
This instrument applies to all entities that make a statement notifying an amount under item 1 or 2 of the table in subsection 389-5(1) of Schedule 1 to the Taxation Administration Act 1953.
(a) For the purposes of subsection 389-25(5) of Schedule 1 to the Taxation Administration Act 1953, the period within which an entity may correct a statement made in an Single Touch Payroll report is set out in the following table:
If the original statement was made in relation to...
Then the period commences on...
And the period ends on the earlier of...
|1||information or amounts relating to a person which the entity reasonably expects they will not be required to make another statement about within the same financial year||the day the entity becomes aware that the statement is false or misleading||
|2||a person which the entity reasonably expects it will be required to make another statement about within the same financial year||the day the entity becomes aware that the statement is false or misleading||
(b) The day in column B can be no later than the 14th day after the end of the financial year in which the original statement was made.
21 June 2019
Deborah Anne Jenkins
Deputy Commissioner of Taxation
Deborah Anne Jenkins
Registration Number: F2019L00896
Registration Date: 27 June 2019
Related Explanatory Statements:STP 2019/5 - Explanatory statement
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