• Payment summary - foreign resident withholding

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

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    Details from any PAYG withholding from foreign residents - payment summary must be included on a Non-individual PAYG payment summary schedule 2012.

    Complete a Non-individual PAYG payment summary schedule 2012 where you show an amount at H2 Credit for tax withheld - foreign resident withholding item 12 (except where the amount is from partnership or trust distributions).

    Print neatly in block letters with a black pen only. Show the fund's TFN and name in the appropriate boxes at the top. Print F for this type of withholding. From each PAYG withholding from foreign residents - payment summary, record the following detail on the Non-individual PAYG payment summary schedule 2012:

    • the payer's ABN (or withholding payer number)
    • total tax withheld
    • gross payment
    • the payer's name.

    When you have entered details of all these payment summaries on the schedule, attach the Non-individual PAYG payment summary schedule 2012 to the tax return.

    A Non-individual PAYG payment summary schedule 2012 is not required for income subject to foreign resident withholding received in a distribution from a partnership or trust because these distributions do not have an associated payment summary.

    Do not attach copies of any PAYG payment summary - payments to foreign residents to the tax return; keep them with the fund's copy of the tax return. Also keep a copy of the Non-individual PAYG payment summary schedule 2012 with the fund's tax records.

    Last modified: 08 Jun 2012QC 25835