IS 17/06
Issued
18 Jul 2017

Income tax - application of schedular payment rules to directors’ fees

This interpretation statement discusses how the schedular payment rules apply to payments of directors’ fees. In particular, it covers the situations in which tax must be withheld from directors’ fee payments, and when and how much tax must be withheld and paid to the Commissioner, if withholding is required. It does not discuss the withholding treatment of directors’ fees paid to non-residents.