CTHRepealedLegislation
Taxation Administration Regulations 1976
38BThreshold amounts for exceptions
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#### 38B Threshold amounts for exceptions
For subsection 12‑185(1) of the Act, the amount of the threshold, below which payments are not required to be withheld under sections 12‑175 and 12‑180 of the Act, is:
(a) if the payment is for the whole of a financial year—$120;
(b) if the payment is for part of a financial year—the amount worked out using the formula:
where:
> P is the number of days in the financial year for which the amount is payable.