Prescribed Payments System
PPS Bulletin 7W
Notice of WithdrawalDate of Issue: 18 April 2007
Valid from 18 April 2007
How it affects the professional building and construction industry (project managing, interior designing, decorating etc)
PPS Bulletin Number 7 is withdrawn with effect from today.
1. PPS Bulletin Number 7 explains what a prescribed payment is and how the Prescribed Payments System (PPS) affects the professional building and construction industry (project managing, interior designing, decorating etc).
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 the professional building and construction industry from that date.
3. PPS Bulletin Number 7 is no longer current and does not apply to the professional building and construction industry after 1 July 2000.
ATO references:
NO NAT 2006/20258
Related Rulings/Determinations:
PPS Bulletin 7