28 May 12 Taxation Administration Act 1953 - Withholding Schedules 2012
Taxation Administration Act 1953 - Withholding Schedules 2012 was made on 21 May 2012 and registered on the Federal Register of Legislative Instruments on 24 May 2011 as Legislative Instrument No - F2012L01071.
The instrument makes publicly available the withholding schedules, which the Commissioner is empowered to make, specifying the amounts, formulas and procedures to be used for working out the amount required to be withheld by an entity in accordance with the pay as you go (PAYG) system. The instrument is to help taxpayers meet their annual income tax liability.
For a copy of the Explanatory Statement, click on the Explanatory Statement tab.