CTHIn ForceAct
Taxation Administration Act 1953
6‑1 What Parts 2‑5 and 2‑10 are about6‑1 What Parts 2‑5 and 2‑10 are about
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#### 6‑1 What Parts 2‑5 and 2‑10 are about
To help taxpayers meet their annual income tax liability, they are required to pay amounts of their income at regular intervals as it is earned during the year. The system for collecting these amounts is called “Pay as you go”.
Amounts collected under this system also go towards meeting liability for Medicare levy and liability to repay debts under certain income‑contingent loan schemes.
Table of sections
6‑5 The Pay as you go (PAYG) system
6‑10 How the amounts collected are dealt with