Self‑assessment
155-15 Self‑assessment
The Commissioner is treated as having made an assessment under section 155‑5 of an *assessable amount mentioned in an item of the following table, if the document mentioned in the item is given to the recipient mentioned in the item:
Self‑assessed amounts | |||
|---|---|---|---|
Item | Column 1 Assessable amount | Column 2 Recipient | Column 3 Document |
1 | your *net amount for a *tax period | the Commissioner | your *GST return for the tax period |
2 | your *net fuel amount for a *tax period | the Commissioner | your *fuel tax return for the tax period |
3 | the *GST payable by you on a *taxable importation | the Collector (within the meaning of the Customs Act 1901) or the Department administered by the Minister administering Part XII of that Act | return, given as described in one of the following provisions, in relation to the importation: (a) paragraph 69(8)(a), (b), (c) or (da), or 70(7)(a), of the Customs Act 1901; (b) regulations prescribed for the purposes of paragraph 69(8)(d) of that Act |
4 | an amount of *excess exploration credit tax for an income year | the Commissioner | return given under section 418‑160 for the income year |
5 | an amount of levy under the Major Bank Levy Act 2017 for a *quarter | the Commissioner | return given under section 115‑5 for the quarter |
6 | an amount of *Australian IIR/UTPR tax for a *Fiscal Year | the Commissioner | *Australian IIR/UTPR tax return given under section 127‑35 for the Fiscal Year |
7 | an amount of *Australian DMT tax for a *Fiscal Year | the Commissioner | *Australian DMT tax return given under section 127‑45 for the Fiscal Year |
8 | an amount of *news media bargaining charge for a financial year | the Commissioner | return given under section 129‑5 for the financial year |
There is no self‑assessment of Division 293 tax, Division 296 tax, excess transfer balance tax or first home super saver tax.
The assessment is treated as having been made on the day the document is given to the recipient mentioned in column 2.
The amount assessed is:
if the document is required to state the *assessable amount—the amount (including a nil amount) stated; or
otherwise—the amount (including a nil amount) worked out in accordance with the information stated in the document.
The document is treated as being a notice of the assessment:
signed by the Commissioner; and
given to you under section 155‑10 on the day the document is given to the recipient.
This section does not apply to an *assessable amount if the Commissioner has already assessed the assessable amount on or before the day mentioned in paragraph (4)(b).
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.