Rates for whole or part of assessment year
10 Rates for whole or part of assessment year
This section applies to a group —
if at all times during an assessment year in the sliding scale period there is at least 1 member of the group who pays or is liable to pay Australian taxable wages as a group member (whether or not any member of the group pays or is liable to pay Australian taxable wages as a group member throughout the whole assessment year); or
if —
during part only of an assessment year (the part-year) in the sliding scale period there is at least 1 member of the group who pays or is liable to pay Australian taxable wages as a group member (whether or not that member or any other member of the group pays or is liable to pay Australian taxable wages as a group member throughout the part-year); and
during the remainder of the assessment year there is no member of the group who pays or is liable to pay Australian taxable wages as a group member.
The rate of pay-roll tax payable by the group for the year or part-year is the rate set out in, or determined under, the Table according to the amount of Australian taxable wages paid or payable by all members of the group during the year or part-year.
Table
Amount of Australian taxable wages | Rate | |
|---|---|---|
1. | Not more than $100 000 000 × Y | 5.5 |
2. | More than $100 000 000 × Y | Rate calculated under subsection (3) |
3. | More than $1 500 000 000 × Y | Rate calculated under subsection (4) |
For the purposes of item 2 in the Table to subsection (2), the rate is to be calculated as follows —
For the purposes of item 3 in the Table to subsection (2), the rate is to be calculated as follows —
In this section —
W is the total amount of Australian taxable wages paid or payable by all members of the group during the assessment year or part-year;
Y is the number of days in the assessment year during which Australian taxable wages were paid or payable by at least 1 member of the group, divided by the total number of days in the assessment year.
The rates calculated under subsections (3) and (4) are to be calculated to 4 decimal places.
Despite subsections (1) to (6), if the DGE of the group fails to comply with a requirement under the Pay-roll Tax Assessment Act 2002 section 27(1a) to lodge an additional return for the assessment year within the period referred to in section 27(2)(c) of that Act, the rate of pay-roll tax payable by the group for the year or part‑year is 6.5%.
Subsection (7) does not apply if the Commissioner has made a determination under the Pay-roll Tax Assessment Act 2002 section 23C in relation to the group and the year or part-year.
[Section 10 inserted: No. 19 of 2017 s. 7.]
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