Pay As You Go (PAYG) withholding
GPTKB entity
Statements (29)
| Predicate | Object |
|---|---|
| gptkbp:instanceOf |
tax withholding system
|
| gptkbp:administeredBy |
gptkb:Australian_Taxation_Office
|
| gptkbp:appliesTo |
businesses
employers superannuation funds non-residents receiving Australian income |
| gptkbp:appliesToPayments |
pensions
interest superannuation dividends royalties payments to contractors salary and wages |
| gptkbp:country |
gptkb:Australia
|
| gptkbp:frequency |
monthly
quarterly |
| https://www.w3.org/2000/01/rdf-schema#label |
Pay As You Go (PAYG) withholding
|
| gptkbp:introducedIn |
2000
|
| gptkbp:legislature |
gptkb:Income_Tax_Assessment_Act_1997
|
| gptkbp:purpose |
withhold tax from payments
remit tax to ATO |
| gptkbp:relatedTo |
PAYG instalments
|
| gptkbp:replacedBy |
Prescribed Payments System
Reportable Payments System |
| gptkbp:requires |
providing payment summaries to payees
withholding tax from payments reporting withheld amounts to ATO |
| gptkbp:bfsParent |
gptkb:ATO
|
| gptkbp:bfsLayer |
6
|