530L Payment of tax by principal

Summary

Section 530L provides that tax for a return period shall be due on the due date relating to that period.

Details

(1) Tax due and payable shall be paid to the Collector-General not later than the due date for the period.

(2) Tax due and payable on foot of an assessment which is made in respect of more than one return period shall be due on the due date for the earliest return period covered by the assessment.

(3) A late filing surcharge as provided for in section 530M is payable on the same date as the amount of tax to which it relates is payable.

Relevant Date: Finance Act 2025