sec.149Imposition and calculation of mental health levy for 2022–23 financial year

### sec.149 Imposition and calculation of mental health levy for 2022–23 financial year The mental health levy is not imposed on taxable wages paid or payable before 1 January 2023. A reference in part 2, division 5A to 5C to taxable wages or interstate wages paid or payable by a person for a financial year is, for the financial year ending 30 June 2023, taken to be a reference to taxable wages or interstate wages paid or payable by a person for the period from 1 January to 30 June 2023. For the application of part 2, division 5A to the financial year ending 30 June 2023, 1 January 2023 is taken to be a calculation day under section 43EB. For the application of part 2, division 5A to 5C to the financial year ending 30 June 2023— a reference in section 43C(1) or (2) to $10m is taken to be a reference to $5m; and a reference in section 43D(1) or (2) to $100m is taken to be a reference to $50m; and a reference in section 43I, definition additional annual levy amount to $100m is taken to be a reference to $50m; and a reference in section 43I, definition primary annual levy amount to $10m is taken to be a reference to $5m; and a reference in section 43M, definition additional final levy amount to $100m is taken to be a reference to $50m; and a reference in section 43M, definition primary final levy amount to $10m is taken to be a reference to $5m. s 149 ins 2022 No. 30 s 68 (sec.149-ssec.1) The mental health levy is not imposed on taxable wages paid or payable before 1 January 2023. (sec.149-ssec.2) A reference in part 2, division 5A to 5C to taxable wages or interstate wages paid or payable by a person for a financial year is, for the financial year ending 30 June 2023, taken to be a reference to taxable wages or interstate wages paid or payable by a person for the period from 1 January to 30 June 2023. (sec.149-ssec.3) For the application of part 2, division 5A to the financial year ending 30 June 2023, 1 January 2023 is taken to be a calculation day under section 43EB. (sec.149-ssec.4) For the application of part 2, division 5A to 5C to the financial year ending 30 June 2023— a reference in section 43C(1) or (2) to $10m is taken to be a reference to $5m; and a reference in section 43D(1) or (2) to $100m is taken to be a reference to $50m; and a reference in section 43I, definition additional annual levy amount to $100m is taken to be a reference to $50m; and a reference in section 43I, definition primary annual levy amount to $10m is taken to be a reference to $5m; and a reference in section 43M, definition additional final levy amount to $100m is taken to be a reference to $50m; and a reference in section 43M, definition primary final levy amount to $10m is taken to be a reference to $5m. - (a) a reference in section 43C(1) or (2) to $10m is taken to be a reference to $5m; and - (b) a reference in section 43D(1) or (2) to $100m is taken to be a reference to $50m; and - (c) a reference in section 43I, definition additional annual levy amount to $100m is taken to be a reference to $50m; and - (d) a reference in section 43I, definition primary annual levy amount to $10m is taken to be a reference to $5m; and - (e) a reference in section 43M, definition additional final levy amount to $100m is taken to be a reference to $50m; and - (f) a reference in section 43M, definition primary final levy amount to $10m is taken to be a reference to $5m.