TAXATION ADMINISTRATION REGULATIONS 1976 [REPEALED]
For subsection 12-185(1) of the Act, the amount of the threshold, below which payments are not required to be withheld under sections 12-175 and 12-180 of the Act, is:
(a) if the payment is for the whole of a financial year - $120;
(b) if the payment is for part of a financial year - the amount worked out using the formula:
|P × $120|
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