Business Services Wage Assessment Tool Payment Scheme (Consequential Amendments) Act 2015 (112 of 2015)

Schedule 1   Amendments

Income Tax Assessment Act 1936

2   At the end of section 159ZR

Add:

(2) This Subdivision applies in relation to a BSWAT payment amount as if:

(a) the BSWAT payment amount were an eligible lump sum accrued wholly in an earlier year or years of income; and

(b) the wages by reference to which the BSWAT payment amount was worked out were eligible income accrued in the year of income to which the wages relate.


Copyright notice

© Australian Taxation Office for the Commonwealth of Australia

You are free to copy, adapt, modify, transmit and distribute material on this website as you wish (but not in any way that suggests the ATO or the Commonwealth endorses you or any of your services or products).