PAYG Annual Payment Summary Statement - a must for all employers
By the 14th August this year, all employers must have completed a PAYG annual payment summary statement and sent it to the Australian Tax Office.
The PAYG statement, along with the originals of all the payment summaries you issued over the financial year, make up your PAYG withholding annual report.
This form shows the ATO a summary of what you have paid your employees over the course of the financial year to ensure you are correctly paying your employees.
If you are paying wages to employees make sure you are registered with the ATO.
If you have any queries, please contact us here.