sec.43EMeaning of primary periodic threshold and additional periodic threshold

### sec.43E Meaning of primary periodic threshold and additional periodic threshold The commissioner may, by written notice given to an employer, determine— the amount of the employer’s primary periodic threshold for a periodic return period; or the amount of the employer’s additional periodic threshold for a periodic return period. Subsection (1) does not apply for the last periodic return period of a financial year for the employer. The primary periodic threshold for an employer for a periodic return period is— if an amount has been determined under subsection (1) (a) —that amount; or otherwise—the amount worked out on the most recent calculation day using the following formula— where— A means the adjusted primary threshold for the employer for the current financial year. M means the number of months in the period. PPT means the primary periodic threshold for the employer for the periodic return period. The additional periodic threshold for an employer for a periodic return period is— if an amount has been determined under subsection (1) (b) —that amount; or otherwise—the amount worked out on the most recent calculation day using the following formula— where— A means the adjusted additional threshold for the employer for the current financial year. APT means the additional periodic threshold for the employer for the periodic return period. M means the number of months in the periodic return period. s 43E ins 2022 No. 14 s 85 sub 2022 No. 30 s 37 (sec.43E-ssec.1) The commissioner may, by written notice given to an employer, determine— the amount of the employer’s primary periodic threshold for a periodic return period; or the amount of the employer’s additional periodic threshold for a periodic return period. (sec.43E-ssec.2) Subsection (1) does not apply for the last periodic return period of a financial year for the employer. (sec.43E-ssec.3) The primary periodic threshold for an employer for a periodic return period is— if an amount has been determined under subsection (1) (a) —that amount; or otherwise—the amount worked out on the most recent calculation day using the following formula— where— A means the adjusted primary threshold for the employer for the current financial year. M means the number of months in the period. PPT means the primary periodic threshold for the employer for the periodic return period. (sec.43E-ssec.4) The additional periodic threshold for an employer for a periodic return period is— if an amount has been determined under subsection (1) (b) —that amount; or otherwise—the amount worked out on the most recent calculation day using the following formula— where— A means the adjusted additional threshold for the employer for the current financial year. APT means the additional periodic threshold for the employer for the periodic return period. M means the number of months in the periodic return period. - (a) the amount of the employer’s primary periodic threshold for a periodic return period; or - (b) the amount of the employer’s additional periodic threshold for a periodic return period. - (a) if an amount has been determined under subsection (1) (a) —that amount; or - (b) otherwise—the amount worked out on the most recent calculation day using the following formula— where— A means the adjusted primary threshold for the employer for the current financial year. M means the number of months in the period. PPT means the primary periodic threshold for the employer for the periodic return period. - (a) if an amount has been determined under subsection (1) (b) —that amount; or - (b) otherwise—the amount worked out on the most recent calculation day using the following formula— where— A means the adjusted additional threshold for the employer for the current financial year. APT means the additional periodic threshold for the employer for the periodic return period. M means the number of months in the periodic return period.