Tax Laws Amendment (2012 Measures No. 2) Act 2012 (99 of 2012)
Schedule 1 Companies' non-compliance with PAYG withholding and superannuation guarantee obligations
Part 3 Superannuation guarantee charge
Division 2 Penalties
Taxation Administration Act 1953
51 Subsection 269-10(1) in Schedule 1 (table)
Repeal the table, substitute:
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Obligations that directors must cause company to comply with |
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Item |
Column 1 This Division applies if, on a particular day (the initial day ), a company is a company registered under the Corporations Act 2001 , and on the initial day … |
Column 2 and the company is obliged to pay to the Commissioner on or before a particular day (the due day ) … |
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1 |
the company withholds an amount under Division 12 |
that amount in accordance with Subdivision 16-B. |
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2 |
the company receives an *alienated personal services payment |
an amount in respect of that alienated personal services payment in accordance with Division 13 and Subdivision 16-B. |
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3 |
the company provides a *non-cash benefit |
an amount in respect of that benefit in accordance with Subdivision 16-B. |
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4 |
the company is given notice of an estimate under Division 268 |
the amount of the estimate. |
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5 |
a *quarter ends |
superannuation guarantee charge for the quarter in accordance with the Superannuation Guarantee (Administration) Act 1992. |