This note is not part of the regulations, but is intended to indicate their general effect.
These regulations, which come into force on 1 April 2006, amend the Income Tax (Withholding Payments) Regulations 1979 to provide that payments made to companies engaged in pruning, thinning, picking, or packing activities in the agricultural, horticultural, or viticultural industries are withholding payments for the purposes of the PAYE rules.
These regulations also provide a new class of withholding payments for contractors that provide pruning, thinning, picking, or packing services in the agricultural, horticultural, or viticultural industries. The rate of tax deduction is 15 cents per $1.
Certain information relating to payments specified in the new class must be provided to the Commissioner of Inland Revenue either in an employer monthly schedule or not later than the 20th of the month following the month in which the employer made the payment.