18‑175 Credits for later compliance—Comm18‑175 Credits for later compliance—Commissioner may give notice

#### 18‑175 Credits for later compliance—Commissioner may give notice Commissioner may give notice to director or associate (1) The Commissioner may give a written notice to the individual on a particular day (the credit notice day). > Note: Subsection 18‑180(2) provides that the Commissioner must not give a notice to the individual in certain circumstances. Director or associate entitled to credit if Commissioner gives notice (2) The individual is entitled to a credit if the Commissioner gives a written notice to the individual under subsection (1). (3) The individual becomes entitled to the credit on the day the Commissioner gives the notice to the individual. Amount of credit (4) The amount of the credit is the amount stated in the notice. (5) The amount stated: (a) must not exceed the amount of the \*PAYG withholding non‑compliance tax; and Note: In working out the amount of the tax for the purposes of paragraph (5)(a), have regard to other credits to which the individual is entitled under section 18‑170 or this section. See subsection 18‑180(1). (b) must not exceed the amount of the discharge mentioned in paragraph 18‑165(c). Commissioner’s discretion (6) In determining: (a) whether to give a notice under this section; or (b) the amount to state in the notice; the Commissioner must have regard to what is fair and reasonable in the circumstances.