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 20th day of June 2001.
Signed by Murray Crowe
Assistant Commissioner of Taxation