Income Tax Regulations (Amendment) (Cth)

Statutory Rules 1989

No. 3581

Income Tax Regulations2 (Amendment)

I, THE GOVERNOR-GENERAL of the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Income Tax Assessment Act 1936.

Dated 29 November 1989.

BILL HAYDEN

Governor-General

By His Excellency's Command,

Paul Keating

Treasurer

Commencement

1. Regulations 4, 5 and 6 commence on 1 January 1990.

Principal Regulations

2. In these Regulations, "Principal Regulations" means the Income Tax Regulations.

Statutory Rules 1989 No. 115—omission of subregulation 9 (2)

3. Regulation 9 of Statutory Rules 1989 No. 115 is amended by omitting subregulation (2).

Rate of deductions—employee claiming general exemption only and employee, not being a prescribed person, claiming general exemption and Medicare levy variation

4. Regulation 54b of the Principal Regulations is amended:

(a) by omitting from subparagraph (1) (d) (ii) "$180" and substituting "$195";

(b) by omitting from paragraph (2) (a) "$192" and "180.73" and substituting "$208" and "195.29" respectively;

(c) by omitting from paragraph (2) (b) "$192" and substituting "$208".

 

(S.R. 360/89)—Cat No.                                                                                            14/14.11.1989

Rate of deductions—employee, being a prescribed person, claiming general exemption and Medicare levy variation

5. Regulation 54ba of the Principal Regulations is amended:

(a) by omitting from paragraph (1) (e) "$304" and substituting "$329";

(b) by omitting from paragraph (2) (a) "$324" and "304.56" and substituting "$350" and "328.94" respectively;

(c) by omitting from paragraph (2) (b) "$324" and substituting "$350".

Third Schedule

6. The Third Schedule to the Principal Regulations is repealed and the following Schedule substituted:

THIRD SCHEDULE

Regulation 54ab

TABLES TO BE USED IN CALCULATION OF INCOME TAX INSTALMENT AMOUNTS IN RELATION TO EMPLOYEES

TABLE 1 RELATING TO EMPLOYEE TO WHOM PARAGRAPH 54b (1) (c) APPLIES

Column 1	Column 2	Column 3	Column 4
Item No.	Range in respect of relevant amount of earnings of  employee	Factor	Amount
$
1	Not exceeding $93.99 .................................................	0	0
2	Exceeding $93.99 but not exceeding $194.99 ...............	.2130	20.0200
3	Exceeding $194.99 but not exceeding $207.99 .............	.4171	59.7580
4	Exceeding $207.99 but not exceeding $332.99 .............	.2263	20.0165
5	Exceeding $332.99 but not exceeding $388.99 .............	.3077	47.1775
6	Exceeding $388.99 but not exceeding $665.99..............	.4025	84.0967
7	Exceeding $665.99......................................................	.4825	137.4505

TABLE 2—RELATING TO EMPLOYEE TO WHOM PARAGRAPH 54ba (1) (c)

APPLIES

Column 1	Column 2	Column 3	Column 4
Item No.	Range in respect of relevant amount of earnings of employee	Factor	Amount
$
1	Not exceeding $93.99...................................................	0	0
2	Exceeding $93.99 but not exceeding $332.99.................	.213	20.02
3	Exceeding $332.99 but not exceeding $388.99...............	.295	47.18
4	Exceeding $388.99 but not exceeding $665.99...............	.390	84.17
5	Exceeding $665.99.......................................................	.470	137.53

THIRD SCHEDULE—continued

TABLE 3--RELATING TO EMPLOYEE TO WHOM PARAGRAPH 54ba (1) (d) APPLIES

Column 1	Column 2	Column 3	Column 4
Item No.	Range in respect of relevant amount of earnings of employee	Factor	Amount
$
1	Not exceeding $93.99...................................................	0	0
2	Exceeding $93.99 but not exceeding $327.99.................	.2130	20.0200
3	Exceeding $327.99 but not exceeding $332.99...............	.3153	53.4787
4	Exceeding $332.99 but not exceeding $349.99...............	.3967	80.6330
5	Exceeding $349.99 but not exceeding $388.99...............	.3013	47.1710
6	Exceeding $388.99 but not exceeding $665.99...............	.3962	84.1290
7	Exceeding $665.99............	.4762	137.4829

TABLE 4—RELATING TO EMPLOYEE TO WHOM REGULATION 54d APPLIES

Column 1	Column 2	Column 3	Column 4
Item No.	Range in respect of relevant amount of earnings of employee	Factor	Amount
$
1	Not exceeding $74.99....................................................	.2225	0.2225
2	Exceeding $74.99 but not exceeding $131.99..................	.3025	6.2994
3	Exceeding $131.99 but not exceeding $408.99................	.4025	19.5687
4	Exceeding $408.99........................................................	.4825	52.3379

TABLE 5—RELATING TO EMPLOYEE TO WHOM REGULATION 54da APPLIES

Column 1	Column 2	Column 3	Column 4
Item No.	Range in respect of relevant amount of earnings of employee	Factor	Amount
$
1	Not exceeding $395.99...................................................	.29	0.29
2	Exceeding $395.99 but not exceeding $672.99.................	.39	39.91
3	Exceeding $672.99.........................................................	.47	93.75

NOTES

1. Notified in the Commonwealth of Australia Gazette on 7 December 1989.

2. Statutory Rules 1936 No. 94 as amended to date. For previous amendments see Note 2 to Statutory Rules 1989 No. 67 and see also Statutory Rules 1989 Nos. 67, 80, 115, 123, 124, 141 and 250.

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