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PAYG Withholding Summary Example

Example document for PAYG Withholding Summary. Use this as a reference when creating your own.

Professional Review Required

This document involves significant legal, financial, or compliance considerations. You must have a qualified professional review and approve this document before use. Do not rely on this template as legal advice.

Document: PAYG Withholding Summary

Example Document

Last updated 7/29/2026

PAYG Withholding Summary for [Financial Year Ending 30 June 2024]

1. Payer Details

Business Name: Smith & Sons Plumbing Pty Ltd Trading Name: Smith & Sons Plumbing ABN: 12 345 678 901 Business Address: 25 Tool Street, Richmond, VIC, 3121 Contact Phone: 03 5555 1234

2. Payee Details

Full Name: Jack JONES Residential Address: 12 Miller Street, Fitzroy, VIC, 3065 Tax File Number (TFN): 123 456 789 Date of Birth: 15/02/1990 Employment Basis: Full-time

3. Payment Details (Financial Year Totals)

DescriptionAmount ($)
Gross Payments85,000.00
Total Tax Withheld20,342.00
Reportable Fringe Benefits Amount2,500.00
Reportable Employer Superannuation Contributions5,000.00
Allowances (Vehicle & Tool)3,500.00
Lump Sum Payments0.00
Other Income0.00

4. Allowance Breakdown

  • Vehicle Allowance: $2,500.00
  • Tool Allowance: $1,000.00

5. Certification

I declare that the information provided in this summary is true and correct.

Signature: John Smith Date: 10/07/2024 Authorised Signatory: John Smith

6. Instructions for Recipient

[Instructions as per template]

Notes

In this example the business Smith & Sons Plumbing has reported a full-time employee named Jack Jones. The Gross Payments include his base salary and the allowances. The Allowances are listed separately for clarity. Note that the Reportable Fringe Benefits of $2500 are included because Jack used a company vehicle for private purposes. The Reportable Employer Super Contributions of $5000 are included because the business paid extra super into his fund beyond the compulsory guarantee. Jack will use the 'Gross Payments' and 'Total Tax Withheld' figures in his tax return but the ATO will also see the reportable amounts to calculate his liability for things like the Medicare levy surcharge.

About this Example

Part of the PAYG Withholding Summary document collection

Document Type

PAYG Withholding Summary

A summary report detailing the total amount of tax withheld from payments to employees, contractors, and other workers throughout a financial year.

Complexity

moderate

Risk Level

high