Taxation Administration (Withholding Schedules) Instrument 2024 (Cth)

Taxation Administration (Withholding Schedules) Instrument 2024

I, Emma Rosenzweig, Deputy Commissioner of Taxation, make the following instrument.

Dated 30 May 2024

Emma Rosenzweig Deputy Commissioner of Taxation

Contents 1 Name 2 Commencement 3 Authority 4 Definitions 5 Repeals 6 Schedules 7 Guide to Schedules 8 Guide to other relevant documents and links Schedule 1 – Statement of formulas for calculating amounts to be withheld Schedule 2 – Tax table for individuals employed in the horticultural or shearing industry Schedule 3 – Tax table for actors, variety artists and other entertainers Schedule 4 – Tax table for return to work payments Schedule 5 – Tax table for back payments, commissions, bonuses and similar payments Schedule 6 – Tax table for annuities Schedule 7 – Tax table for unused leave payments on termination of employment Schedule 8 – Statement of formulas for calculating study and training support loans components Schedule 9 – Tax table for seniors and pensioners Schedule 10 – Tax table for payments made under voluntary agreements Schedule 11 – Tax table for employment termination payments Schedule 12 – Tax table for superannuation lump sums Schedule 13 – Tax table for superannuation income streams Schedule 14 - Tax table for additional amounts to withhold as a result of an agreement to increase withholding Schedule 15 – Tax table for working holiday makers

1 Name This instrument is the Taxation Administration (Withholding Schedules) Instrument 2024.

2 Commencement (1) Each provision of this instrument specified in column 1 of the table commences, or is taken to have commenced, in accordance with column 2 of the table. Any other statement in column 2 has effect according to its terms.

Commencement information Column 1 Column 2 Column 3 Provisions Commencement Date/Details 1. The whole of this instrument 1 July 2024. 1 July 2024.