A New Tax System (Pay As You Go) Act 1999 (178 of 1999)
Schedule 1 Pay as you go (PAYG) system of collecting income tax and other liabilities
Part 2 Consequential amendment of Acts
A New Tax System (Goods and Services Tax) Act 1999
63 After section 111-15
Insert:
111-20 Application of Division to recipients of certain withholding payments
(1) If you make, or are liable to make, *withholding payments covered by subsection (2), this Division applies to you as if:
(a) an individual to whom you make (or are liable to make) such payments were your employee; and
(b) his or her activities in connection with earning such payments were activities as your employee.
(2) This subsection covers a *withholding payment covered by any of the provisions in Schedule 1 to the Taxation Administration Act 1953 listed in the table.
|
Withholding payments covered |
||
|---|---|---|
|
Item |
Provision |
Subject matter |
|
1 |
Section 12-35 |
Payment to employee |
|
2 |
Section 12-40 |
Payment to company director |
|
3 |
Section 12-45 |
Payment to office holder |
|
4 |
Section 12-55 |
Voluntary agreement to withhold |
|
5 |
Section 12-60 |
Payment under labour hire arrangement, or specified by regulations |
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