Reference: OPS 2011/1
Document type: Legislative Instrument
Enabling act: Taxation Administration Act 1953 Section 15-25 of Schedule 1
Date of issue: 23 May 2011
Signatory: Erin Holland Deputy Commissioner of Taxation
Registration number: F2011L00882
Registration date: 31 May 2011


I, Erin Kathleen Holland, Deputy Commissioner of Taxation, make this instrument under section 15-25 of Schedule 1 to the Taxation Administration Act 1953 . | Commencement | This instrument commences on 1 July 2011. | Purpose | (1) Withholding schedules specify the amounts, formulas and procedures to be used for working out the amount required to be withheld by an entity from a withholding payment covered by Subdivision 12-B, 12-C or 12-D of Schedule 1 to the Taxation Administration Act 1953 . (2) The withholding schedules in this instrument are made for the purposes of collecting income tax, the Temporary Flood and Cyclone Reconstruction Levy, Medicare levy and amounts of liabilities to the Commonwealth under the Higher Education Funding Act 1988 , the Higher Education Support Act 2003 , the Social Security Act 1991 and the Student Assistance Act 1973 . | (1) Withholding schedules specify the amounts, formulas and procedures to be used for working out the amount required to be withheld by an entity from a withholding payment covered by Subdivision 12-B, 12-C or 12-D of Schedule 1 to the Taxation Administration Act 1953 . (2) The withholding schedules in this instrument are made for the purposes of collecting income tax, the Temporary Flood and Cyclone Reconstruction Levy, Medicare levy and amounts of liabilities to the Commonwealth under the Higher Education Funding Act 1988 , the Higher Education Support Act 2003 , the Social Security Act 1991 and the Student Assistance Act 1973 . | Withholding Schedules | Each of the withholding schedules listed in the following table, has effect: Schedule number NAT number Title 1 1004-05.2011 Statement of formulas for calculating amounts to be withheld Incorporating the temporary flood and cyclone reconstruction levy 1E 1004E-05.2011 Statement of formulas for calculating amounts to be withheld - flood levy exemption 2 1005-05.2011 Weekly tax table Incorporating Medicare levy and temporary flood and cyclone reconstruction levy 2E 1005E-05.2011 Weekly tax table - flood levy exemption Incorporating Medicare levy 3 1006-05.2011 Fortnightly tax table Incorporating Medicare levy and temporary flood and cyclone reconstruction levy 3E 1006E-05.2011 Fortnightly tax table - flood levy exemption Incorporating Medicare levy 4 1007-05.2011 Monthly tax table Incorporating Medicare levy and temporary flood and cyclone reconstruction levy 4E 1007E-05.2011 Monthly tax table - flood levy exemption Incorporating Medicare levy 5 1008-05.2011 Weekly tax table with no and half Medicare levy Incorporating temporary flood and cyclone reconstruction levy 5E 1008E-05.2011 Weekly tax table with no and half Medicare levy - flood levy exemption 6 1010-05.2011 Medicare levy adjustment weekly tax table 7 1011-05.2011 Medicare levy adjustment fortnightly tax table 8 1012-05.2011 Medicare levy adjustment monthly tax table 9 1023-05.2011 Tax table for actors, variety artists and other entertainers 10 1024-05.2011 Tax table for daily and casual workers Incorporating Medicare levy and temporary flood and cyclone reconstruction levy, including statement of formulas 10E 1024E-05.2011 Tax table for daily and casual workers - flood levy exemption 11 2173-05.2011 Higher Education Loan Program (HELP) weekly tax table Including statement of formulas 12 2185-05.2011 Higher Education Loan Program (HELP) fortnightly tax table Including statement of formulas 13 2186-05.2011 Higher Education Loan Program (HELP) monthly tax table Including statement of formulas 14 2335-05.2011 Statement of formulas for calculating Higher Education Loan Program (HELP) component Incorporating the temporary flood and cyclone reconstruction levy Including coefficients for calculating weekly withholding amounts incorporating HELP component 14E 2335E-05.2011 Statement of formulas for calculating Higher Education Loan Program (HELP) component - flood levy exemption Including coefficients for calculating weekly withholding amounts incorporating HELP component 15 2446-05.2011 Statement of formulas for calculating withholding amounts for members of the defence force 16 3305-05.2011 Statement of formulas for calculating Student Financial Supplement Scheme (SFSS) component Incorporating the temporary flood and cyclone reconstruction levy Including coefficients for calculating weekly withholding amounts incorporating SFSS component 16E 3305E-05.2011 Statement of formulas for calculating Student Financial Supplement Scheme (SFSS) component - flood levy exemption Including coefficients for calculating weekly withholding amounts incorporating SFSS component 17 3306-05.2011 Student Financial Supplement Scheme (SFSS) weekly tax table Including statement of formulas 18 3307-05.2011 Student Financial Supplement Scheme (SFSS) fortnightly tax table Including statement of formulas 19 3308-05.2011 Student Financial Supplement Scheme (SFSS) monthly tax table Including statement of formulas 20 3479-05.2011 Quarterly tax table Incorporating Medicare levy and temporary flood and cyclone reconstruction levy 20E 3479E-05.2011 Quarterly tax table - flood levy exemption Incorporating Medicare levy 21 3539-05.2011 Calculating Higher Education Loan Program in conjunction with Student Financial Supplement Scheme Incorporating the temporary flood and cyclone reconstruction levy The coefficients in this table should be used in conjunction with the Statement of formulas of calculating amounts to be withheld 21E 3539E-05.2011 Calculating Higher Education Loan Program in conjunction with Student Financial Supplement Scheme - flood levy exemption The coefficients in this table should be used in conjunction with the Statement of formulas of calculating amounts to be withheld 22 4466-05.2011 Tax table for senior Australians Incorporating the temporary flood and cyclone reconstruction levy 22E 4466E-05.2011 Tax table for senior Australians - flood levy exemption 23 7288-05.2011 Special tax table - Joint Petroleum Development Area 28 3351-05.2011 Tax table for unused leave payments on termination of employment 31 3350-05.2011 Tax table for annuities 32 70980-05.2011 Tax table for employment termination payments 33 70981-05.2011 Tax table for superannuation lump sums 34 70982-05.2011 Tax table for superannuation income streams 39 73834-05.2011 Statement of formulas for calculating flood levy component | Revocation of current withholding schedules | The following withholding schedules are to be withdrawn: Schedule number NAT number Title 1 1004-05.2010 Statement of formulas for calculating amounts to be withheld 2 1005-05.2010 Weekly tax table Incorporating Medicare levy with and without leave loading 3 1006-05.2010 Fortnightly tax table Incorporating Medicare levy with and without leave loading 4 1007-05.2010 Monthly tax table Incorporating Medicare levy with and without leave loading 5 1008-05.2010 Weekly tax table with no and half Medicare levy Including Medicare levy adjustment to half levy - table 6 1010-05.2010 Medicare levy adjustment weekly tax table 7 1011-05.2010 Medicare levy adjustment fortnightly tax table 8 1012-05.2010 Medicare levy adjustment monthly tax table 9 1023-05.2010 Tax table for actors, variety artists and other entertainers 10 1024-05.2010 Tax table for daily and casual workers Incorporating Medicare levy, including statement of formulas 11 2173-05.2010 Higher Education Loan Program (HELP) weekly tax table Including statement of formulas 12 2185-05.2010 Higher Education Loan Program (HELP) fortnightly tax table Including statement of formulas 13 2186-05.2010 Higher Education Loan Program (HELP) monthly tax table Including statement of formulas 14 2335-05.2010 Statement of formulas for calculating Higher Education Loan Program (HELP) component Including coefficients for calculating weekly withholding amounts incorporating HELP component 15 2446-05.2010 Statement of formulas for calculating withholding amounts for members of the defence force 16 3305-05.2010 Statement of formulas for calculating Student Financial Supplement Scheme (SFSS) component Including coefficients for calculating weekly withholding amounts incorporating SFSS component 17 3306-05.2010 Student Financial Supplement Scheme (SFSS) weekly tax table Including statement of formulas 18 3307-05.2010 Student Financial Supplement Scheme (SFSS) fortnightly tax table Including statement of formulas 19 3308-05.2010 Student Financial Supplement Scheme (SFSS) monthly tax table Including statement of formulas 20 3479-05.2010 Quarterly tax table Incorporating Medicare levy with and without leave loading 21 3539-05.2010 Calculating Higher Education Loan Program (HELP) in conjunction with Student Financial Supplement Scheme (SFSS) 22 4466-05.2010 Tax table for senior Australians 23 7288-02.2010 Special tax table - Joint Petroleum Development Area 28 3351-05.2010 Tax table for unused leave payments on termination of employment 31 3350-05.2010 Tax table for annuities 32 70980-05.2010 Tax table for employment termination payments 33 70981-05.2010 Tax table for superannuation lump sums 34 70982-05.2007 Tax table for superannuation income streams