CTM22220 - ACT collection: due and payable
date: assessments
ICTA88/SCH13/PARA10 (2)
The tax due on any assessment under Schedule 13 is due within 14
days of the issue of the notice of assessment (subject to any
appeal).
Other dates may apply instead. If earlier, use:
- 14 days from the end of the return period,
for most franked payments and foreign income dividends which should
be included in a return (ICTA88/SCH13/PARA3 (1),
CTM22070).
- 14 days after making a qualifying
distribution (which is a payment) on a date which does not fall
within an accounting period (ICTA88/SCH13/PARA9,
CTM22160).
An alternative date may be given by ICTA88/SCH13/PARA8 for the
correction of an error made in the return (
CTM22150).
