INCOME TAX ASSESSMENT ACT 1936 (ARCHIVE)

PART VI - COLLECTION AND RECOVERY OF TAX  

Division 1AA - Reportable payments system (RPS)  

Subdivision D - Payers' reporting and record-keeping obligations  

SECTION 220AH   OBLIGATION TO ISSUE RECEIPT FOR DEDUCTION  

220AH(1)   When section applies.  

This section applies if a payer deducts an amount under this Division from a reportable payment.

220AH(2)   Receipt to be given.  

The payer must give the payee, at the time of the payment or as soon as practicable afterwards, a written receipt, invoice or similar document setting out:

(a) the payer's name and address; and

(b) the payee's name (if known to the payer); and

(c) the payee's address (if known to the payer); and

(d) the date on which the payment was made; and

(e) the amount of the payment; and

(f) the amount deducted.

220AH(3)   Receipt to be in English and signed.  

A document given by a payer under subsection (2) must be:

(a) in the English language; and

(b) signed by the payer.

Penalty: 1 penalty unit.