Taxation Ruling

IT 2487W - Notice of Withdrawal

Income tax: variation of tax instalment deductions - non arbitrated allowances

• Please note that the PDF version is the authorised version of this withdrawal notice.

FOI status:

may be released

Notice of Withdrawal

Taxation Ruling IT 2487 is withdrawn with effect from today.

1. Taxation Ruling IT 2487 explains when it may be appropriate to vary pay as you earn (PAYE) tax instalments in respect of non arbitrated allowances that may be fully or partially expended on tax deductible items.

2. The pay as you go (PAYG) withholding system replaced the PAYE system for the 2000-2001 and later income years.

3. The Ruling does not have application to income tax years after the 1999-2000 income year.

Commissioner of Taxation
18 October 2006

References

ATO references:
NO 2005/18404

Related Rulings/Determinations:

IT 2487