sec.17Definitions for sdiv 1

### sec.17 Definitions for sdiv 1 In this subdivision— actual periodic deduction , for the employer for a periodic return period, means the greater of zero and the amount worked out using the following formula— where— APD means the actual periodic deduction in dollars. E (maximum deduction per month) means 108,333. F means the number of days in the period for which the employer pays, or is liable to pay, taxable wages. G means the total number of days in the period. M means the number of months in the period. TW means the amount of taxable wages paid or payable in the period. s 17 def actual periodic deduction amd 2006 No. 34 s 13 ; 2008 No. 39 s 29 (1) ; 2012 No. 8 s 40 (1) ; 2019 No. 20 s 34 (1) ; 2022 No. 14 s 72 (1) fixed periodic deduction , for the employer for a periodic return period, means— the amount of the employer’s deduction for the period determined by the commissioner under section 21 ; or if paragraph (a) does not apply—the greater of zero and the amount worked out on the most recent calculation day using the following formula— where— AW means the total amount of taxable wages and interstate wages estimated by the employer to be payable by the employer for the financial year in which the period falls. E means 108,333. FPD means the fixed periodic deduction in dollars. M means the number of months in the period. QW means the total amount of taxable wages estimated by the employer to be payable by the employer for the financial year in which the period falls. s 17 def fixed periodic deduction amd 2006 No. 34 s 13 ; 2008 No. 39 s 29 (2) ; 2012 No. 8 s 40 (2) ; 2019 No. 20 s 34 (2) ; 2022 No. 14 s 72 (2) s 17 ins 2004 No. 46 s 10 - (a) the amount of the employer’s deduction for the period determined by the commissioner under section 21 ; or - (b) if paragraph (a) does not apply—the greater of zero and the amount worked out on the most recent calculation day using the following formula— where— AW means the total amount of taxable wages and interstate wages estimated by the employer to be payable by the employer for the financial year in which the period falls. E means 108,333. FPD means the fixed periodic deduction in dollars. M means the number of months in the period. QW means the total amount of taxable wages estimated by the employer to be payable by the employer for the financial year in which the period falls.