Non-individual PAYG payment summary schedule

Warning:

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

PAYG withholding applies to several withholding events, including:

• if the payment is for a supply and the payee does not quote an ABN
• payments made under a PAYG voluntary agreement, and
• payments made under foreign resident withholding.

For example, if the payer withheld an amount from a payment because the fund did not quote its ABN, the payer should have given the fund (payee) a PAYG payment summary - withholding where ABN not quoted (NAT 3283).

A payer may issue a receipt, remittance advice or similar document in place of the payment summary, provided the document contains all the information required.

If an amount from a payment to the fund was withheld by the payer because of the operation of foreign resident withholding, the fund should have received a PAYG withholding from foreign residents - payment summary (free format) from the payer.