Non-individual PAYG payment summary schedule

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
  • payments made under foreign resident withholding.

For example, if a 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.

Last modified: 15 Jul 2016QC 48112