Pay as you go withholding - what you need to know

Know the payments you need to withhold from

The most common types of payments you need to withhold amounts from include:

• payments to employees, company directors and office holders
• payments to independent contractors who have a voluntary agreement with you
• payments to individuals under labour hire arrangements
• employment termination payments - when an employee leaves
• when a business doesn't quote an ABN
• allowances.

Sections within What you need to know about PAYG withholding

• Register for PAYG withholding
• Work out the status of your workers
• Know the payments you need to withhold from
• Work out the amount to withhold
• Report and pay the withheld amounts
• Annual obligations
• Payment summaries
• Payment summary annual report
• Taxable payments reporting in the building and construction industry
• Pre-filling - making it easier for your workers to prepare tax returns