Deductible amount for groups that do not pay interstate wages
9 Deductible amount for groups that do not pay interstate wages
Sch. 2 cl. 9(1) amended by No. 40/2016 s. 39, substituted byNo. 18/2023 s. 80.
For a group in which one or more members pay or are liable to pay taxable wages in a month but no members pay or are liable to pay interstate wages in that month, the deductible amount in respect of that month is the lesser of the following amounts—
the amount calculated in accordance with the following formula—
the base deductible amount.
Sch. 2 cl. 9(1A) inserted by No. 18/2023 s. 80.
If the amount calculated in accordance with the formula specified in subclause (1)(a) is an amount that is less than zero, the amount is taken to be zero.
Subclause (1) applies whether group members pay or are liable to pay wages for the whole of the month or only part of the month.
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