1 | The payer of the interest has not been supplied with the tax file number of a person who is paid the interest. | 0.450 |
2 | The payer of the interest— | |
| (a) | | has been supplied with the tax file number of a person; and | |
| (b) | | has not received a payment rate election from the recipient of the interest; and | |
| (c) | | is not required to use a rate notified by the Commissioner under section 26B of the Tax Administration Act 1994. | 0.330 |
3 | The payer of the interest— | |
| (a) | | has been supplied with the tax file number of a person who is paid the interest; and | |
| (b) | | has received a payment rate election from the recipient of the interest choosing the 0.390 payment rate. | 0.390 |
4 | The payer of the interest— | |
| (a) | | has been supplied with the tax file number of a person who is paid the interest; and | |
| (b) | | has received a payment rate election from the recipient of the interest choosing the 0.330 payment rate. | 0.330 |
5 | The payer of the interest— | |
| (a) | | has been supplied with the tax file number of a person who is paid the interest; and | |
| (b) | | has received a payment rate election from the recipient of the interest choosing the 0.300 payment rate. | 0.300 |
6 | The payer of the interest— | |
| (a) | | has been supplied with the tax file number of a person who is paid the interest; and | |
| (b) | | has received a payment rate election from the recipient of the interest choosing the 0.175 payment rate. | 0.175 |
7 | The payer of the interest— | |
| (a) | | has been supplied with the tax file number of a person, other than a trustee, who is paid the interest; and | |
| (b) | | has received a payment rate election from the recipient of the interest choosing the 0.105 payment rate; and | |
| (c) | | the recipient has a reasonable expectation at the time of the election that their income for the income year will be $14,000 or less. | 0.105 |
8 | The payer of the interest— | |
| (a) | | has been supplied with the tax file number of a person who is paid the interest as a trustee of a testamentary trust to which section HC 37 applies; and | |
| (b) | | has received a payment rate election from the recipient of the interest choosing the 0.105 payment rate. | 0.105 |
How to use this table: Find the applicable condition in the second column, in order to find the relevant rate to apply, in the third column. |