6-10
CurrentHow the amounts collected are dealt with
Volume 1Parts I to V (sections 1 to 18), Schedule 1, Chapter 2, Part 2-1 to Part 2-5 (sections 6-1 to 21-5)
Schedule 1Collection and recovery of income tax and other liabilities
Chapter 2Collection, recovery and administration of income tax
Part 2-1Introduction to the Pay as you go (PAYG) system
Division 6Guide to Parts 2‑5 and 2‑10
6-10 How the amounts collected are dealt with
You are entitled to credits for the amounts of your income that are collected under the PAYG system. The credits are applied under Division 3 of Part IIB against your tax debts, and any excess is refunded to you.
This Act’s bill:Second reading speech
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