Document ID: chunk:federal_register_of_legislation:C2025C00029:section:3:p71
Version: federal_register_of_legislation:C2025C00029
Segment Type: section
Provision Reference: s 3 (pt 71/80)
Character Range: 4522061–4524987

contributions for the financial year under subsection 291‑25(3) because the superannuation provider allocated it to the person;
 (c) *notional taxed contributions are included in the person's concessional contributions for the financial year under section 291‑165 because of the person's *defined benefit interest in a superannuation plan of the provider.

292‑325  Further amendment of an amended particular
  If:
 (a) an *excess non‑concessional contributions tax assessment has been amended (the earlier amendment) in any particular; and
 (b) the Commissioner is of the opinion that it would be just to further amend the assessment in that particular;
the Commissioner may do so within a period of 4 years after the earlier amendment.

292‑330  Amendment on review etc.
  Nothing in this Subdivision prevents the amendment of an *excess non‑concessional contributions tax assessment:
 (a) to give effect to a decision on a review or appeal; or
 (b) as a result of an objection or pending an appeal or review.
Note: If a person is dissatisfied with a statement given to the Commissioner by a superannuation provider under section 390‑5 in Schedule 1 to the Taxation Administration Act 1953, the person may make a complaint under the AFCA scheme (within the meaning of the Corporations Act 2001).

Subdivision 292‑G—Collection and recovery

Guide to Subdivision 292‑G

292‑380  What this Subdivision is about
      Excess non‑concessional contributions tax is due and payable at the end of 21 days after notice of assessment and the general interest charge applies to unpaid amounts. Money may be released from a superannuation plan to pay the tax.

Table of sections

Operative provisions
292‑385 Due date for payment of excess non‑concessional contributions tax
292‑390 General interest charge
292‑395 Refunds of amounts overpaid

Operative provisions

292‑385  Due date for payment of excess non‑concessional contributions tax
  *Excess non‑concessional contributions tax assessed for a person for a *financial year is due and payable at the end of 21 days after the Commissioner gives the person notice of the *excess non‑concessional contributions tax assessment.

292‑390  General interest charge
  If *excess non‑concessional contributions tax or *shortfall interest charge payable by a person remains unpaid after the time by which it is due and payable, the person is liable to pay the *general interest charge on the unpaid amount for each day in the period that:
 (a) starts at the beginning of the day on which the excess non‑concessional contributions tax or shortfall interest charge was due to be paid; and
 (b) ends at the end of the last day on which, at the end of the day, any of the following remains unpaid:
 (i) the excess non‑concessional contributions tax or shortfall interest charge;
 (ii) general interest charge on any of the excess non‑concessional contributions tax or shortfall interest charge.