OPS 2011/1
AUSTRALIAN GOVERNMENT
This Legislative Instrument has been repealed by Treasury (Spent and Redundant Instruments) Repeal Regulation 2013.Taxation Administration Act 1953
Section 15-25 of Schedule 1
Legislative Instrument
I, Erin Kathleen Holland, Deputy Commissioner of Taxation, make this instrument under section 15-25 of Schedule 1 to the Taxation Administration Act 1953.
Commencement
This instrument commences on 1 July 2011.
Purpose
- (1)
- Withholding schedules specify the amounts, formulas and procedures to be used for working out the amount required to be withheld by an entity from a withholding payment covered by Subdivision 12-B, 12-C or 12-D of Schedule 1 to the Taxation Administration Act 1953.
- (2)
- The withholding schedules in this instrument are made for the purposes of collecting income tax, the Temporary Flood and Cyclone Reconstruction Levy, Medicare levy and amounts of liabilities to the Commonwealth under the Higher Education Funding Act 1988, the Higher Education Support Act 2003, the Social Security Act 1991 and the Student Assistance Act 1973.
Withholding Schedules
Each of the withholding schedules listed in the following table, has effect:
| Schedule number | NAT number | Title |
|---|---|---|
| 1 | 1004-05.2011 | Statement of formulas for calculating amounts to be withheld Incorporating the temporary flood and cyclone reconstruction levy |
| 1E | 1004E-05.2011 | Statement of formulas for calculating amounts to be withheld - flood levy exemption |
| 2 | 1005-05.2011 | Weekly tax table Incorporating Medicare levy and temporary flood and cyclone reconstruction levy |
| 2E | 1005E-05.2011 | Weekly tax table - flood levy exemption Incorporating Medicare levy |
| 3 | 1006-05.2011 | Fortnightly tax table Incorporating Medicare levy and temporary flood and cyclone reconstruction levy |
| 3E | 1006E-05.2011 | Fortnightly tax table - flood levy exemption Incorporating Medicare levy |
| 4 | 1007-05.2011 | Monthly tax table Incorporating Medicare levy and temporary flood and cyclone reconstruction levy |
| 4E | 1007E-05.2011 | Monthly tax table - flood levy exemption Incorporating Medicare levy |
| 5 | 1008-05.2011 | Weekly tax table with no and half Medicare levy Incorporating temporary flood and cyclone reconstruction levy |
| 5E | 1008E-05.2011 | Weekly tax table with no and half Medicare levy - flood levy exemption |
| 6 | 1010-05.2011 | Medicare levy adjustment weekly tax table |
| 7 | 1011-05.2011 | Medicare levy adjustment fortnightly tax table |
| 8 | 1012-05.2011 | Medicare levy adjustment monthly tax table |
| 9 | 1023-05.2011 | Tax table for actors, variety artists and other entertainers |
| 10 | 1024-05.2011 | Tax table for daily and casual workers Incorporating Medicare levy and temporary flood and cyclone reconstruction levy, including statement of formulas |
| 10E | 1024E-05.2011 | Tax table for daily and casual workers - flood levy exemption |
| 11 | 2173-05.2011 | Higher Education Loan Program (HELP) weekly tax table Including statement of formulas |
| 12 | 2185-05.2011 | Higher Education Loan Program (HELP) fortnightly tax table Including statement of formulas |
| 13 | 2186-05.2011 | Higher Education Loan Program (HELP) monthly tax table Including statement of formulas |
| 14 | 2335-05.2011 | Statement of formulas for calculating Higher Education Loan Program (HELP) component Incorporating the temporary flood and cyclone reconstruction levy Including coefficients for calculating weekly withholding amounts incorporating HELP component |
| 14E | 2335E-05.2011 | Statement of formulas for calculating Higher Education Loan Program (HELP) component - flood levy exemption Including coefficients for calculating weekly withholding amounts incorporating HELP component |
| 15 | 2446-05.2011 | Statement of formulas for calculating withholding amounts for members of the defence force |
| 16 | 3305-05.2011 | Statement of formulas for calculating Student Financial Supplement Scheme (SFSS) component Incorporating the temporary flood and cyclone reconstruction levy Including coefficients for calculating weekly withholding amounts incorporating SFSS component |
| 16E | 3305E-05.2011 | Statement of formulas for calculating Student Financial Supplement Scheme (SFSS) component - flood levy exemption Including coefficients for calculating weekly withholding amounts incorporating SFSS component |
| 17 | 3306-05.2011 | Student Financial Supplement Scheme (SFSS) weekly tax table Including statement of formulas |
| 18 | 3307-05.2011 | Student Financial Supplement Scheme (SFSS) fortnightly tax table Including statement of formulas |
| 19 | 3308-05.2011 | Student Financial Supplement Scheme (SFSS) monthly tax table Including statement of formulas |
| 20 | 3479-05.2011 | Quarterly tax table Incorporating Medicare levy and temporary flood and cyclone reconstruction levy |
| 20E | 3479E-05.2011 | Quarterly tax table - flood levy exemption Incorporating Medicare levy |
| 21 | 3539-05.2011 | Calculating Higher Education Loan Program in conjunction with Student Financial Supplement Scheme Incorporating the temporary flood and cyclone reconstruction levy The coefficients in this table should be used in conjunction with the Statement of formulas of calculating amounts to be withheld |
| 21E | 3539E-05.2011 | Calculating Higher Education Loan Program in conjunction with Student Financial Supplement Scheme - flood levy exemption The coefficients in this table should be used in conjunction with the Statement of formulas of calculating amounts to be withheld |
| 22 | 4466-05.2011 | Tax table for senior Australians Incorporating the temporary flood and cyclone reconstruction levy |
| 22E | 4466E-05.2011 | Tax table for senior Australians - flood levy exemption |
| 23 | 7288-05.2011 | Special tax table - Joint Petroleum Development Area |
| 28 | 3351-05.2011 | Tax table for unused leave payments on termination of employment |
| 31 | 3350-05.2011 | Tax table for annuities |
| 32 | 70980-05.2011 | Tax table for employment termination payments |
| 33 | 70981-05.2011 | Tax table for superannuation lump sums |
| 34 | 70982-05.2011 | Tax table for superannuation income streams |
| 39 | 73834-05.2011 | Statement of formulas for calculating flood levy component |
Revocation of current withholding schedules
The following withholding schedules are to be withdrawn:
| Schedule number | NAT number | Title |
|---|---|---|
| 1 | 1004-05.2010 | Statement of formulas for calculating amounts to be withheld |
| 2 | 1005-05.2010 | Weekly tax table Incorporating Medicare levy with and without leave loading |
| 3 | 1006-05.2010 | Fortnightly tax table Incorporating Medicare levy with and without leave loading |
| 4 | 1007-05.2010 | Monthly tax table Incorporating Medicare levy with and without leave loading |
| 5 | 1008-05.2010 | Weekly tax table with no and half Medicare levy Including Medicare levy adjustment to half levy - table |
| 6 | 1010-05.2010 | Medicare levy adjustment weekly tax table |
| 7 | 1011-05.2010 | Medicare levy adjustment fortnightly tax table |
| 8 | 1012-05.2010 | Medicare levy adjustment monthly tax table |
| 9 | 1023-05.2010 | Tax table for actors, variety artists and other entertainers |
| 10 | 1024-05.2010 | Tax table for daily and casual workers Incorporating Medicare levy, including statement of formulas |
| 11 | 2173-05.2010 | Higher Education Loan Program (HELP) weekly tax table Including statement of formulas |
| 12 | 2185-05.2010 | Higher Education Loan Program (HELP) fortnightly tax table Including statement of formulas |
| 13 | 2186-05.2010 | Higher Education Loan Program (HELP) monthly tax table Including statement of formulas |
| 14 | 2335-05.2010 | Statement of formulas for calculating Higher Education Loan Program (HELP) component Including coefficients for calculating weekly withholding amounts incorporating HELP component |
| 15 | 2446-05.2010 | Statement of formulas for calculating withholding amounts for members of the defence force |
| 16 | 3305-05.2010 | Statement of formulas for calculating Student Financial Supplement Scheme (SFSS) component Including coefficients for calculating weekly withholding amounts incorporating SFSS component |
| 17 | 3306-05.2010 | Student Financial Supplement Scheme (SFSS) weekly tax table Including statement of formulas |
| 18 | 3307-05.2010 | Student Financial Supplement Scheme (SFSS) fortnightly tax table Including statement of formulas |
| 19 | 3308-05.2010 | Student Financial Supplement Scheme (SFSS) monthly tax table Including statement of formulas |
| 20 | 3479-05.2010 | Quarterly tax table Incorporating Medicare levy with and without leave loading |
| 21 | 3539-05.2010 | Calculating Higher Education Loan Program (HELP) in conjunction with Student Financial Supplement Scheme (SFSS) |
| 22 | 4466-05.2010 | Tax table for senior Australians |
| 23 | 7288-02.2010 | Special tax table - Joint Petroleum Development Area |
| 28 | 3351-05.2010 | Tax table for unused leave payments on termination of employment |
| 31 | 3350-05.2010 | Tax table for annuities |
| 32 | 70980-05.2010 | Tax table for employment termination payments |
| 33 | 70981-05.2010 | Tax table for superannuation lump sums |
| 34 | 70982-05.2007 | Tax table for superannuation income streams |
Signed on the 23rd day of May 2011
Erin Holland
Deputy Commissioner of Taxation
Registration Number: F2011L00882
Registration Date: 31 May 2011
Related Explanatory Statements:
OPS 2011/1 - Explanatory statement