The Taxation Administration Act 1953 – Withholding Schedules 2013 were registered on Tue 4.6.2013. The instrument makes some 12 schedules to set out the amounts, formulas and procedures to be used for calculating the amount required to be withheld by entities from PAYG withholding payments. It was made by the Commissioner pursuant to s 15-25 of Sch 1 to the Taxation Administration Act 1953. The instrument applies from 1 July 2013.
[LTN 103, 30/5/13]