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FRINGE BENEFITS TAX ASSESSMENT ACT 1986 - SECT 103

When instalment of tax payable

  (1)   Subject to this Division, the 4 instalments of tax payable in respect of a year of tax are due and payable as follows:

 

When instalments of tax are due and payable

Item

This instalment ...

is due and payable on:

1

first instalment

21   July in that year of tax

2

second instalment

21   October in that year of tax

3

third instalment

21   January in that year of tax

4

fourth instalment

21   April in the next year of tax

  (2)   Despite subsection   (1), and subject to this Division, if an employer is a deferred BAS payer on the day specified as the day on which an instalment is due and payable under subsection   (1), that instalment is instead due and payable as specified in the following table:

 

When instalments of tax are due and payable

Item

If subsection   (2) applies to this instalment:

the instalment is due and payable on:

1

first instalment

28   July in that year of tax

2

second instalment

28   October in that year of tax

3

third instalment

28   February in that year of tax

4

fourth instalment

28   April in the next year of tax

Note:   For provisions about collection and recovery of instalments of fringe benefits tax, see Part   4 - 15 in Schedule   1 to the Taxation Administration Act 1953 .



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