Taxation Administration Act 1953

SCHEDULE 1 - COLLECTION AND RECOVERY OF INCOME TAX AND OTHER LIABILITIES  

Note: See section 3AA .

Chapter 2 - Collection, recovery and administration of income tax  

PART 2-10 - PAY AS YOU GO (PAYG) INSTALMENTS  

Division 45 - Instalment payments  

Subdivision 45-DA - Monthly payers  

SECTION 45-136   MONTHLY PAYER  

45-136(1)    
You are a monthly payer at a time if:

(a) you were a monthly payer immediately before that time; or

(b) if paragraph (a) does not apply - you satisfy the requirement in subsection 45-138(1) for the income year in which that time occurs.

Note:

If paragraph (b) applies, see subsection (3) for the time at which you become a monthly payer.

45-136(2)    
The starting instalment month in an income year (the current year ) is:

(a) if the Commissioner gives you an instalment rate for the first time during an *instalment month in the current year - the next instalment month in the current year; or

(b) if the Commissioner has given you an instalment rate during a previous income year and your instalment rate has not been withdrawn - the first instalment month in the current year.

How and when you become such a payer

45-136(3)    
Despite subsection (1), if paragraph (1)(b) applies, you become a *monthly payer just before the end of the *starting instalment month in the income year.

How and when you stop being such a payer

45-136(4)    
Despite subsection (1), you stop being a *monthly payer at the start of the first *instalment month in a later income year if:

(a) you do not satisfy the requirement in subsection 45-138(1) for that later income year; and

(b) you give the Commissioner a notice (the MP stop notice ) in the *approved form for that later income year before the start of that later income year.