Commonwealth Numbered Acts

TAXATION LAWS AMENDMENT ACT 1984No. 123, 1984 - SECT 128

128. Section 221G of the Principal Act is amended by inserting after
sub-section (4) the following sub-section:

"(4A) Where-

   (a)  an employer, other than a group employer or the Commonwealth, makes a
        deduction for the purposes of this Division from the salary or wages
        of an employee and refuses or fails to affix tax stamps of a face
        value equal to the amount of the deduction as required by this
        Division; and

   (b)  an amount (in this sub-section referred to as the 'principal amount')
        that the employer is liable to pay to the Commissioner under
        sub-section 221P (1) by virtue of the refusal or failure remains
        unpaid after the time at which it becomes payable, the employer is
        liable to pay to the Commissioner, by way of penalty-

   (c)  in a case where the employer is a government body-an amount at the
        rate of 20% per annum on so much of the principal amount as remains
        unpaid, computed from that time; or

   (d)  in any other case-

        (i)    an amount (in this paragraph referred to as the 'relevant
               penalty amount') equal to 20% of the principal amount; and

        (ii)   an amount at the rate of 20% per annum on the sum of so much of
               the principal amount as remains unpaid and so much of the
               relevant penalty amount as remains unpaid, computed from that
               time.".