Notice of Levy Assessment

What is the Notice of Levy Assessment?

The Notice of Levy Assessment lists all the products that were registered in the last financial year and the levy payable for each product.

How is the levy calculated?

The levy is calculated based on the sales/disposals declared on the Request for Declaration of Leviable Values.

For sales made from 1 July 2006 the levy calculation is based on a tiered levy rate structure as follows:

0.8% levy rate up to $1,000,000 product sales
0.45% levy rate for additional sales from $1,000,001 to $5,000,000
0.30% for additional sales above $5,000,000

To explain further:

For products with sales of greater than $1 million but less than $5 million, the first $1 million of sales would be charged at 0.8% and additional sales above this threshold would be charged at 0.45%.
For products with sales above $5 million, the first $1 million would be charged at 0.8%, a levy rate of 0.45% applies to the next $4 million and additional sales above $5 million are charged at 0.30%.

There are no caps or minimum sales thresholds.

The APVMA will generally waive the whole of the liability to pay a levy in relation to the disposals of a registered product where the total amount of levies payable on that product is less than $40 for sales made in the 2005-06 financial year or a later financial year.

Does the levy attract GST?

The levy does not attract GST. The fee is exempt by virtue of a determination made under section 81-5 of the A New Tax System (Goods and Services Tax) Act 1999. The Notice of Levy Assessment is therefore not issued as a tax invoice.

If the product has been transferred from another company, who is liable to pay the levy?

The last registrant is liable to pay the levy on the leviable value (sales/disposals) of all disposals which occurred during the whole of the relevant financial year. The last registrant is also liable to pay any outstanding levies (if any) from previous years. Thus if a chemical product is sold to a new owner during the course of a financial year, the new owner is liable to pay the levy on all sales which occurred that year, as well as any other outstanding levies from previous years.

Purchasers of a chemical product may wish to make suitable allowances for this in the contract of sale.

What is the due date for payment?

Levy is payable on 15 January each year, for sales made in the previous financial year.

Levy may be paid by two equal instalments, with the first instalment due on 15 January and the balance due on 30 June.

If the levy payment is not received by the APVMA by the due date for payment, the following late payment fees will apply:

$200 per product – If the unpaid levy is less than or equal to $10,000; or
$400 per product – If the unpaid levy is greater than $10,000

What methods of payment are accepted?

From 1 July 2006 you can pay the levy online via a secure online facility on the APVMA’s website.

Your online payment can be made using credit card (Mastercard, Visa, Bankcard, Diners, Amex) up to a $20,000 limit. A direct debit facility is also available with no payment limits. You will require a username and password to access this online facility. Contact the APVMA on 02 6210 4852 for more information. You may also pay by cheque. Payment by EFT is currently not accepted.