(5) Any amount payable by an employer under this
section in respect of a relevant period must be paid within the period during
which the employer is required to lodge a return under this Act relating to
that relevant period or the last return under this Act relating to the
relevant period.
Note : If an employer ceases to be a group employer during a financial year an
adjustment will be made under this section. If later in that financial year
the employer ceases to pay wages there will be a further adjustment under this
section. The first adjustment will adjust payroll taxpaid for the period as a
group employer against the correct amount of tax that should have been paid
(based on the assumption that the period as a group employer is the only
period for which the employerpaidwages throughout the year). The second
adjustment will adjust payroll taxpaid for the period as an
individual employer against the correct amount of tax that should have been
paid (based on the assumption that the period as an individual employer is the
only period for which the employerpaidwages throughout the year). Any amount
of payroll taxpaid under this section is taken into account for the purposes
of the annual adjustment of payroll tax.