Shane Roxby Accountants 
Login Click here to Join
Keyword Search:
Go
You are here: Home > Shane Roxby documents > Articles > Employers PAYG withholding end of year reporting obligations

Employers PAYG withholding end of year reporting obligations

Employers PAYG withholding end of year reporting obligations

If you withheld amounts from payments to your employees and other payees under the pay as you go (PAYG) withholding system you must:

  • by 14 July, provide payment summaries to each employee and other payees and
  • by 14 August, send us your payment summary annual report.

Please note that penalties may apply if your annual report is not received by the due date.

Preparing payment summaries

As an electronic reporter you have two options for preparing payment summaries. You can provide your employees or other payees with:

Lodging online

It's a fast, effective and secure way of lodging your payment summary annual report through our free electronic commerce interface (ECI) software. Please see enclosed information about lodging online.

We encourage you to read the brochure Do your business online (NAT 15209 ) for information on the benefits of lodging your payment summary annual report, and other Tax Office reports, online.

This article is not a substitute for independent professional advice. We do not warrant the accuracy, completeness or adequacy of the information or material in this article. All information is subject to change without notice. We and each party providing material displayed in this article disclaim liability to all persons or organisations in relation to any action(s) taken on the basis of currency or accuracy of the information or material, or any loss or damage suffered in connection with that information or material. You should make your own enquiries before entering into any transaction on the basis of the information or material in this article. Please ensure you contact us to discuss your particular circumstances and how the information provided applies to your situation.

Back Email a Friend View Printable Version
eknowhow | The World's Best Websites
 
Privacy Policy and Disclaimer