s 45-335
In forceWorking out your adjusted withholding income
Volume 2Schedule 1, Chapter 2, Part 2-10 to Chapter 4, Part 4-25 (sections 45-1 to 298-110)
Chapter 2Collection, recovery and administration of income tax
Part 2-10Pay as you go (PAYG) instalments
Division 45Instalment payments
Subdivision 45-JHow Commissioner works out your instalment rate and notional tax
45-335 Working out your adjusted withholding income
Your adjusted withholding income for the *base year is:
• the total of the amounts included in your assessable income for the *base assessment in respect of *withholding payments (except *non‑quotation withholding payments);
reduced by:
• your deductions for that year, as used in making that assessment, to the extent that they reasonably relate to those amounts.
Research tools for this sectionSubscription
The statute text is free to read above. View subscription options to unlock the case-law research tools for each provision.