Amounts of tax and rebate may be offset against each other
11 Amounts of tax and rebate may be offset against each other
In this section —
pay‑roll tax liability means —
a primary liability for pay‑roll tax; and
a liability to pay another amount under a taxation Act (such as penalty tax, interest or costs) in connection with that primary liability.
Instead of paying a rebate, or any additional amount under section 10, to an eligible employer, the Commissioner may credit all or part of the rebate or amount against —
any existing unpaid pay‑roll tax liability of that employer; or
any overpaid amount of rebate to be repaid by the person to the Commissioner under the Pay‑roll Tax Rebate Act 2010 or the Pay‑roll Tax (Indigenous Wages) Rebate Act 2012.
Instead of —
refunding pay‑roll tax overpaid by a person in accordance with the Taxation Administration Act 2003 section 54(1); or
paying a rebate under the Pay‑roll Tax Rebate Act 2010, or any additional amount under section 10 of that Act; or
paying a rebate under the Pay‑roll Tax (Indigenous Wages) Rebate Act 2012, or any additional amount under section 11 of that Act,
the Commissioner may credit all or part of the refund, rebate or amount against any overpaid amount (of rebate) otherwise to be repaid by the person under section 9 of this Act.
This Act’s bill:Explanatory memorandumSecond reading speech
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