Taxation Administration Act 1953 PAYG Withholding Variation: Under 18 years of age and no ABN (20/06/2001) (Cth)

Pay As You Go (PAYG) Withholding

Notice of variation of amount required to be withheld

I, Murray Boyd Crowe, Assistant Commissioner of Taxation, vary to nil the amount required to be withheld from withholding payments that are:

§ covered by section 12-190 of Schedule 1 to the Taxation Administration Act 1953 (TAA 1953); and

§     within the class of cases described below.

I make this variation of the amount required to be withheld under the power contained in section 15-15 of Schedule 1 to the TAA 1953 to meet the special circumstances of that class of cases.

Effective for payments made on or after 1 July 2001

This variation applies to payments made on or after 1 July 2001.

Class of cases

Any payments made to individuals under the age of 18 (eighteen) years where the payment

(i)    does not exceed $120 per week; and

(ii)   the supplier does not quote an Australian Business Number (ABN) to the payer.

Signed at Canberra, this 20^th day of June 2001.

Signed by Murray Crowe

Assistant Commissioner of Taxation