PAYG Payment Summary is a statement that details how much pay an employee received and the amount withheld. Learn new reporting requirements replacing PAYG.
Sample PAYG Payment Summary All sections of this form must be completed . For help, refer to Section A: Payee details Date of birth (if known)Day Month Payee’s surname or family name Payee’s given name/s Suburb/town/locality Payee’s residential address Period during which payments were ...
place X in this box.Payment summary for year ending 30 JuneSection C: Payer details Payer’s name (use the same name that appears on your activity statement) You must also complete this sectionPayer’s Australian business number (ABN) or withholding payer number (WPN)Branch numberSignature of...
Keep financial records of employment in your PAYG payment summary statement You should always keep records of employment for at least 5 years and follow the same process if a contractor, or business, ceases working with you. *You might have obligations regarding superannuation and Fringe Benefits...