Prescribed Payments System
PPS Bulletin 10W
Notice of WithdrawalDate of Issue: 18 April 2007
Valid from 18 April 2007
Voluntary Agreements
PPS Bulletin Number 10 is withdrawn with effect from today.
1. PPS Bulletin Number 10 explains how a payer and payee can become subject to the Prescribed Payments System (PPS) by voluntary agreement.
2. The Pay As You Go withholding system came into effect from 1 July 2000 and replaced the PPS. The PPS ceased to apply to payments that were the subject of voluntary agreements entered into after that date with the view of being subject to the PPS.
3. PPS Bulletin Number 10 is no longer current and does not apply to payments in relation to voluntary agreements that were entered into after 1 July 2000.
ATO references:
NO NAT 2006/20258
Related Rulings/Determinations:
PPS Bulletin 10
Copyright notice
© Australian Taxation Office for the Commonwealth of Australia
You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).
