Document ID: chunk:federal_register_of_legislation:F2024L00664:schedule:14
Version: federal_register_of_legislation:F2024L00664
Segment Type: schedule
Provision Reference: sch 14
Character Range: 300949–302780

Schedule 14 - Tax table for additional amounts to withhold as a result of an agreement to increase withholding

This schedule applies to withholding payments covered by Subdivision 12-B, 12-C and 12-D of Schedule 1 to the TAA.

The amounts, formulas and procedures in this schedule were last updated on 1 July 2024.

Using this schedule

Use this schedule if a payee has asked you to withhold a higher amount from their payments than would normally be required.

A payee's request to have additional amounts withheld should be in writing but can be in any format that suits your business. For example, an email request could be used, or you may design a paper or computer-based form for this purpose.

Your agreement to the arrangement will be indicated by withholding in accordance with the payee's request. No additional record is required.

The total amount to withhold is the normal amount calculated on the payee's earnings (based on the applicable withholding schedule or regulation) plus the additional amount requested by the payee.

How to work out the withholding amount

To work out the amount to withhold, you must:

   1. Use the appropriate tax table at ato.gov.au/taxtables to look up the normal amount of withholding for the period using instructions in that tax table.
   2. Work out the additional amount the payee wants withheld in accordance with their written request.
   3. Add the amount from step 1 to the amount from step 2.
Example:

A payee's weekly earnings are $563.00. The payee and the payer have agreed that the payer will withhold an additional $50 a week from the payee's earnings. The payer uses the tax withheld calculator to find the base amount to withhold of $39 (for a payee claiming the tax free threshold in the 2024-25 income year). The total amount to withhold is $39 + $50 = $89.