Notice 22


Commonwealth of Australia Gazette (No. S250, 30 June 2003)
 
 
Australian Taxation Office

Taxation Administration Act 1953

I, Megan Elizabeth Yong, Assistant Commissioner of Taxation, notify under section 15-25 of Schedule 1 to the Taxation Administration Act 1953 that I have made the withholding schedule listed below. The schedule applies to payments made after 30 June 2003.

The withholding schedule specifies 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.

I made the schedule under section 15-25 for the purposes of collecting income tax, Medicare Levy and amounts of liabilities to the Commonwealth under Chapter 5A of the Higher Education Act 1988.

Withholding schedule made

Pay As You Go (PAYG) Withholding Tax Tables
NAT 7905.6.2003 Bonuses and similar payments



Dated this 30th day of June 2003

Megan Yong

Assistant Commissioner of Taxation