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COMMONWEALTHRegulation
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s 56

When new declaration to be given

In force
Part 3Income tax (Chapter 2 in Schedule 1 to the Act)
Division 3Pay as you go (PAYG) withholding—Working out the amount to withhold
Subdivision FDeclarations

56 When new declaration to be given

(1)

An individual to whom subsection (2) or (3) applies must give a new declaration in the approved form to the entity mentioned in that subsection.

(2)

This subsection applies to an individual if:

(a)

the individual gives to an entity a declaration under subsection 15‑50(1) or (3) in Schedule 1 to the Act about a matter; and

(b)

the individual’s circumstances change in relation to the matter.

(3)

This subsection applies to an individual who:

(a)

gives a TFN declaration to an entity expressing a wish to reduce the amount withheld to correspond with the tax‑free threshold (within the meaning of the Income Tax Rates Act 1986); and

(b)

becomes a foreign resident.

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