effective for payments made on or after 1 July 2002
Reference: Variation 20
Document type: Variation of amount required to be withheld
Enabling act: Taxation Administration Act 1953
Date of issue: 18 June 2002
Signatory: Stuart Forsyth Assistant Commissioner of Taxation


I, Stuart Frederick Forsyth, Assistant Commissioner of Taxation, vary to nil the amount required to be withheld from withholding payments that are: • covered by section 13-5 in Schedule 1 to the Taxation Administration Act 1953 ; and • within the class of cases described below. | • covered by section 13-5 in Schedule 1 to the Taxation Administration Act 1953 ; and • within the class of cases described below. | I make this variation of the amount required to be withheld under the power contained in section 15-15 of Schedule 1 to the Taxation Administration Act 1953 to meet the special circumstances of that class of cases. | This variation is effective for payments made on or after 1 July 2002. | Any alienated personal services payment that is received by a personal services entity and that relates to one or more individuals' personal services income where salary or wages are paid to the individual or individuals within 14 days after the end of the relevant Pay As You Go payment period either equalling or greater than: 1. 70% of the gross personal services income (exclusive of GST) received by the personal services entity during the current Pay As You Go payment period; or 2. A net personal services income percentage applied to the gross personal services income (exclusive of GST) received by the personal services entity during the current Pay As You Go payment period. The net personal services income percentage is calculated by dividing the personal services entity's gross personal services income (exclusive of GST) less allowable deductions (excluding salary or wages paid in accordance with subsection 86-15(4) of the Income Tax Assessment Act 1997 ) for the previous income year by the personal services entity's gross personal services income (exclusive of GST) for the previous income year and multiplying this amount by 100. | 1. 70% of the gross personal services income (exclusive of GST) received by the personal services entity during the current Pay As You Go payment period; or 2. A net personal services income percentage applied to the gross personal services income (exclusive of GST) received by the personal services entity during the current Pay As You Go payment period. The net personal services income percentage is calculated by dividing the personal services entity's gross personal services income (exclusive of GST) less allowable deductions (excluding salary or wages paid in accordance with subsection 86-15(4) of the Income Tax Assessment Act 1997 ) for the previous income year by the personal services entity's gross personal services income (exclusive of GST) for the previous income year and multiplying this amount by 100.