Australian Taxation Office
 
Taxation Administration Act 1953
 
Pay as you go withholding
 
Taxation Administration Act 1953 - Tax table for back payments, commissions, bonuses and similar payments – 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.
 
This legislative instrument revokes Legislative Instrument No. F2012L01068 registered on the 24th May 2012.
 
Signed on the 5 April 2013
 
Erin Holland
Deputy Commissioner of Taxation
 
Commencement
This instrument commences on 1 July 2013.
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 schedule in this instrument is made for the purposes of collecting income tax, 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 Schedule
Schedule:                  30
NAT Number:            3348-03.2013.
Title:                            Tax table for back payments, commissions, bonuses and similar payments