Taxation Administration Act 1953

This Subdivision allows the members of a consolidated group to be treated as a single entity for the purposes of Pay as you go (PAYG) instalments. Generally, the head company of the group is the entity liable to pay PAYG instalments.

The PAYG instalments provisions in this Part apply to the head company in much the same way as they apply to any other company. However, the operation of some of these provisions is modified by this Subdivision.

This Subdivision also contains special rules to deal with changes in the membership of the group.

Table of sections

Application of Subdivision

45‑703 Effect of this Subdivision and Subdivision 45‑R in relation to monthly payers

45‑705 Application of Subdivision to head company

Usual operation of this Part for consolidated group members

45‑710 Single entity rule

45‑715 When instalments are due—modification of section 45‑61

45‑720 Head company cannot be an annual payer—modification of section 45‑140

Membership changes

45‑740 Change of head company

45‑755 Entry rule (for an entity that becomes a subsidiary member of a consolidated group)

45‑760 Exit rule (for an entity that ceases to be a subsidiary member of a consolidated group)

45‑775 Commissioner’s power to work out different instalment rate or GDP‑adjusted notional tax

Application of Subdivision