Income Tax and Social Services Contribution Regulations (Amendment)

STATUTORY RULES.

1952. No. 89.

REGULATIONS UNDER THE INCOME TAX AND SOCIAL SERVICES CONTRIBUTION ASSESSMENT ACT 1936-1952.*

I, THE GOVERNOR-GENERAL in and over the Commonwealth of Australia, acting with the advice of the Federal Executive Council, hereby make the following Regulations under the Income Tax and Social Services Contribution Assessment Act 1936-1952.

Dated this twenty-sixth day of September, 1952.

W. J. McKELL

Governor-General.

By His Excellency’s Command,

A. W. FADDEN

Treasurer.

AMENDMENTS OF THE INCOME TAX AND SOCIAL SERVICES CONTRIBUTION REGULATIONS.†

Commencement.

1. These Regulations shall come into operation on the first day of October, 1952.

2. Regulations 54A, 54B and 54BA of the Income Tax and Social Services Contribution Regulations are repealed and the following regulations inserted in their stead :—

Rates of deduction where employee does not claim in respect of dependants.

“54A. Subject to these Regulations, the prescribed rate at which deductions are to be made, for the purposes of section 221C of the Act, from the salary or wages of an employee in respect of a week or part of a week is—

(a) where the salary or wages does not exceed Thirty pounds ten shillings—the rate specified in sub-column (i) of column 2 of Table A in the Third Schedule to these Regulations opposite to the limits, specified in Column 1 of that Table, within which the salary or wages is included;

(b) where the salary or wages exceeds Thirty pounds ten shillings but does not exceed One hundred and fifty pounds ten shillings—the rate specified in Column 2 of Table B in the Third Schedule to these Regulations opposite to the limits, specified in Column 1 of that Table, within which the salary or wages is included; or

* Notified in the Commonwealth Gazette on 26th September, 1952.

† Statutory Rules 1936, No. 94, as amended by Statutory Rules 1939, Nos. 6 and 42; 1940, Nos. 138 and 289; 1941, Nos. 120 and 827; 1942, Nos. 839 and 553; 1948, Nos. 80, 127 and 151; 1944, Nos. 90 and 124; 1945, Nos. 12, 85, 169 and 192; 1946, No. 185; 1947, Nos. 77 and 178; 1948, Nos. 115 and 162; 1949, Nos. 25 and 50; 1950, Nos. 63 and 101; and 1951, Nos. 136 and 157.

3928.—Price 8d.

(c) where the salary or wages exceeds One hundred and fifty pounds ten shillings—Seventy-six pounds one shilling, plus an amount of Fourteen shillings for each pound or part of a pound in excess of Ten shillings, by which the salary or wages exceeds One hundred and fifty pounds ten shillings.

Rates of deduction where employee claims in respect of dependants.

“54B.—(1.) Where an employee has furnished to his employer a declaration in accordance with regulation 54C, the prescribed rate at which deductions are to be made, for the purposes of section 221C of the Act, from the salary or wages of that employee in respect of a week or part of a week at any time up to—

(a) the last payment of salary or wages before the first day of July next following the date on which the declaration is furnished; or

(b) the close of the first pay period which ends after the date on which a further declaration is furnished to his employer by the employee,

whichever is the earlier, is—

(c) where the salary or wages does not exceed Thirty pounds ten shillings and the total deduction value of dependants as set out in the declaration is a specified deduction value —the rate specified, opposite to the limits specified in Column 1 of Table A in the Third Schedule to these Regulations within which the salary or wages is included, in the sub-column of Column 2 of that Table which has that deduction value at its head;

(d) where the salary or wages does not exceed Thirty pounds ten shillings and the total deduction value of dependants as set out in the declaration is not a specified deduction value—the amount which would be required to be deducted in accordance with paragraph (c) of this sub-regulation if the total deduction value were the specified deduction value next lower in amount and if the amount of salary or wages were reduced by Ten shillings for every Twenty- six pounds by which the total deduction value is so reduced; or

(e) where the salary or wages exceeds Thirty pounds ten shillings—the amount which would be required to be deducted under regulation 54A if the amount of salary or wages were reduced by an amount ascertained by dividing the total deduction value of dependants as set out in the declaration by fifty-two.

“(2.) The employer shall not be required to give effect to a declaration furnished in accordance with regulation 54C in making deductions from salary or wages paid before the close of the first pay period which commences after the furnishing of the declaration.”.

Third Schedule.

3. The Third Schedule to the Income Tax and Social Services Contribution Regulations is repealed and the following Schedule inserted in its stead:—

THE THIRD SCHEDULE.                                                                                                          REGS. 54A, 54B.

TABLE A.—RATES OF DEDUCTIONS WHERE EMPLOYEE’S SALARY OR WAGES DOES NOT EXCEED THIRTY POUNDS TEN SHILLINGS IN RESPECT OF A WEEK OR A PART OF A WEEK.

THE THIRD SCHEDULE—continued.

the third schedule—continued.