Document ID: chunk:federal_register_of_legislation:C2010C00715:clause:1_4:p1
Version: federal_register_of_legislation:C2010C00715
Segment Type: clause
Provision Reference: sch 1 cl 4 (pt 1/20)
Character Range: 121436–124055

4                                                               30 June                      21 July

 (2) If your income year ends on a day other than 30 June:
 (a) your first instalment quarter consists of the first 3 months of the income year; and
 (b) your second instalment quarter consists of the fourth, fifth and sixth months of the income year; and
 (c) your third instalment quarter consists of the seventh, eighth and ninth months of the income year; and
 (d)  your fourth instalment quarter consists of the tenth, 11th and 12th months of the income year.

 (3) If subsection (2) applies, an instalment for an *instalment quarter is due on or before the 21st day of the month after the end of that quarter.

45‑65  Subsequent annual instalments

  If you are liable to pay an instalment for an income year (the previous year), you must pay an instalment for the next income year unless:
 (a) during the previous year you stopped being an *annual payer because of section 45‑150, 45‑155 or 45‑180; or
 (b) during that next income year the Commissioner withdraws your instalment rate under section 45‑90.

Note 1: Sections 45‑150 and 45‑180 cover cases where an annual payer becomes registered for GST, becomes a partner in a partnership that is registered for GST, is a partner in a partnership that becomes registered for GST, becomes a participant in a GST joint venture, or becomes a company group member.

Note 2: Section 45‑155 covers cases where an annual payer's notional tax is $8,000 or more, or the entity chooses to pay quarterly.

45‑70  When annual instalments are due

 (1) This section applies if you are liable to pay an annual instalment for the 2002‑03 income year or a later income year.

For an instalment you are liable to pay for 2000‑01 or 2001‑02,
see section 45‑170.

 (2) If the income year ends on 30 June, the instalment is due on or before the next 21 October.

 (3) If the income year ends on a day other than 30 June, the instalment is due on or before the 21st day of the fourth month after the end of the income year.

45‑72  Electronic payment

  You must pay an instalment by *electronic payment if you are required to pay by electronic payment the amount of any other liability to the Commissioner that is due on the same day as the instalment.

45‑75  Instalments recoverable in same way as income tax

  Instalments are to be treated as income tax for the purposes of sections 208, 209, 214, 254, 255, 258 and 259 of the Income Tax Assessment Act 1936.

45‑80  General interest charge on late payment

  If you fail to pay some or all of an instalment by the time by