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PSI - where Australian business number not quoted

Last updated 31 August 2006

Did you have any amounts of tax withheld from your PSI for failure to quote an Australian business number (ABN)?

No

Go to PSI - Labour hire or other specified payments

Yes

Read on.

The amount you show at N is your total PSI from which an amount has been withheld because you did not quote your ABN, including the amounts of tax withheld. You will be able to calculate this amount from your completed payment summary schedule.

Completing this item

Add up all the Gross payment amounts on your completed payment summary schedule that have an N in the corresponding type box. Write the total at N item P1. Do not show cents.

If you complete N item P1 you must also complete H item 13 on page 9 of your tax return (supplementary section).

QC18499