PAYG Withholding Variation: Donations to deductible gift recipients (Cth)

Legislative Instrument

PAYG Withholding Variation: Donations to deductible gift recipients

I, Steve Vesperman, Deputy Commissioner of Taxation, make this variation under section 15-15 of Schedule 1 to the Taxation Administration Act 1953.

Steve Vesperman
Deputy Commissioner of Taxation
Dated: 29 March 2016

1. Name of instrument

This instrument is the PAYG Withholding Variation: Donations to deductible gift recipients.

1. Effective dates

This instrument commences on 1 April 2016 and will be withdrawn on 31 October 2016.

1. Repealing of existing instrument

This legislative instrument repeals and replaces legislative instrument PAYG Withholding Variation: Donations to deductible gift recipients (F2006B00300), registered on 10 February 2006.

1. Application

   This instrument applies to payments covered by subdivision 12-B of Schedule 1 to the Taxation Administration Act 1953, where:

   (i)    part of the payment is paid, or is to be paid, as a donation to a deductible gift recipient specified or endorsed under Division 30 of Income Tax Assessment Act 1997 by a payer

   (ii)  the donation is paid to the deductible gift recipient by the payer of the withholding payment at the direction of the payee

   (iii) the donation is made under a regular planned giving arrangement; and

   (iv) the payee has not advised the payer that they do not want a variation to the amount withheld.

   A deductible gift recipient is defined in section 995-1 of the Income Tax Assessment Act 1997 to take its meaning from section 30-227 of the Income Tax Assessment Act 1997.

2. Amount to be withheld

The amount to be withheld from payments covered by this instrument is varied as follows:

When working out the amount to withhold a payer reduces the gross payment by the amount paid by the payer to a deductible gift recipient on behalf of the payee.