Australian Capital Territory Repealed Acts

This legislation has been repealed.

PAYROLL TAX ACT 1987 (REPEALED) - SECT 9K

    (1)     The deductible amount for a group in which 1 or more members pay or are liable to pay taxable wages or interstate wages in a month is—

        (a)     if notice has been given under subsection (2) and no determination under subsection (6) is in force—the amount stated in the most recent notice given under subsection (2); or

        (b)     if a determination is in force under subsection (6)—the amount stated in the determination.

    (2)     From time to time, the designated group employer may give a notice to the commissioner, containing the information required by the commissioner, of an amount, calculated in accordance with subsection (3), that the employer claims to be the group's deductible amount for the month and subsequent months.

    (3)     The amount is to be calculated as follows:

    (4)     In subsection (3):

"A" means the amount determined for section 7 (Registration of employers).

"D" means the deductible amount for the month.

"I" means the estimated interstate wages payable by the group in the financial year in which D occurs.

"T" means the estimated taxable wages payable by the group in the financial year in which D occurs.

    (5)     The deductible amount claimed must not be more than the amount mentioned in section 9J (1).

    (6)     At any time, the commissioner may, by notice in writing to the designated group employer, determine an amount, not more than the amount mentioned in section 9J (1), as the deductible amount for the group for 1 or more months stated in the determination.

    (7)     A determination under subsection (6) may be made on application by the designated group employer or on the commissioner's own initiative.

    (8)     At any time, the commissioner may, by notice in writing to the designated group employer, revoke a determination made under subsection (6).