(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 .