Each year you are required to provide each performing artist with a PAYG payment summary - business and personal services income (NAT 72545). Payment summaries show the total payments you made and the total amount you withheld for each performing artist during the financial year, ending 30 June. If the performing artist is one with whom you do not contract on a regular basis, you may choose to issue a part year payment summary at the time you make the payment.
If throughout the year you have issued separate payment summaries for each payment made to a performing artist, you do NOT issue a further annual payment summary totalling all the payments made for the year.
Each separate part-year payment summary will need to be reported in your payment summary annual report.
If you have made payments to a performing artist and no withholding was necessary, you are still required to issue a payment summary to the individual.
For payments made to performing artists who are under 18 years of age and who have not provided their TFN but are in receipt of income that is lower than the nil withholding thresholds, the TFN that would appear on the payment summary is '333 333 333'.