Amount of DGE’s annual liability
34 Amount of DGE’s annual liability
The DGE’s liability (annual liability) for payroll tax for a financial year is—
the DGE’s annual adjustment amount for the year, if—
the DGE lodged, or was required under section 59 to lodge, a periodic return during the designated period for the DGE in the year; and
the DGE’s annual payroll tax amount for the year is greater than the DGE’s periodic liability for periodic return periods in the designated period; or
the DGE’s annual payroll tax amount for the year, if the DGE was not required under section 59 to lodge a periodic return during the designated period for the DGE in the year.
Example—
A group member is the DGE from 1 January to 30 June in a financial year. The DGE’s annual liability for the year would be worked out without having regard to the part of the financial year before 1 January.
If the DGE does not pay the DGE’s annual liability for the financial year on the return date for lodgement of the DGE’s annual return, every relevant group employer for the designated period is liable jointly and severally to pay the amount of the liability.
1—
Under section 30(1)(a) of the Administration Act, a DGE’s annual liability for a financial year must be paid on the date the DGE is required to lodge an annual return for the financial year.
2—
A DGE may be required, under the Administration Act, to include assessed interest or penalty tax in an assessment of annual liability.
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