TAXATION ADMINISTRATION REGULATIONS 1976 [REPEALED]

PART 5 - PAY AS YOU GO WITHHOLDING  

Division 2 - General  

REGULATION 30   WHEN NEW DECLARATIONS TO BE GIVEN  

30(1)  
An individual to whom subregulation (2) or (5) applies must give a new declaration in the approved form to the entity mentioned in that subregulation.

30(2)  
This subregulation applies to an individual if:


(a) the individual gives to an entity a declaration under subsection 15-50(1) or (3) in Schedule 1 to the Act about a matter.


(b) the individual's circumstances change in relation to the matter.

30(3)  
(Repealed by SLI No 158 of 2009)

30(4)  
(Repealed by SLI No 39 of 2015)

30(5)  
This subregulation applies to an individual who:


(a) gives a TFN declaration to an entity expressing a wish to reduce the amount withheld to correspond with the first-mentioned amount (the tax-free threshold) set out in column 1 of the table in clause 1 of Part I of Schedule 7 to the Income Tax Rates Act 1986 ; and


(b) becomes a foreign resident.

30(6)  
If the individual fails to comply with subregulation (1), he or she is liable to pay a civil penalty of 5 penalty units.

Note 1:

See section 4AA of the Crimes Act 1914 for the current value of a penalty unit.

Note 2:

Division 298 of Schedule 1 to the Act contains machinery provisions relating to civil penalties.


 

Disclaimer and notice of copyright applicable to materials provided by CCH Australia Limited

CCH Australia Limited ("CCH") believes that all information which it has provided in this site is accurate and reliable, but gives no warranty of accuracy or reliability of such information to the reader or any third party. The information provided by CCH is not legal or professional advice. To the extent permitted by law, no responsibility for damages or loss arising in any way out of or in connection with or incidental to any errors or omissions in any information provided is accepted by CCH or by persons involved in the preparation and provision of the information, whether arising from negligence or otherwise, from the use of or results obtained from information supplied by CCH.

The information provided by CCH includes history notes and other value-added features which are subject to CCH copyright. No CCH material may be copied, reproduced, republished, uploaded, posted, transmitted, or distributed in any way, except that you may download one copy for your personal use only, provided you keep intact all copyright and other proprietary notices. In particular, the reproduction of any part of the information for sale or incorporation in any product intended for sale is prohibited without CCH's prior consent.