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Dear Sir or Madame: PAY Payment SummaryPlease provide a PAY payment summary to your employee for a tax return judgement. As a compliance with ATO, you need to give each of your payees a PAY payment
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What is re payg payment summary?
The PAYG payment summary is a document provided by an employer to an employee, outlining the amounts of payments made and tax withheld over the financial year.
Who is required to file re payg payment summary?
Employers are required to provide PAYG payment summaries to all their employees by July 14 each year.
How to fill out re payg payment summary?
Employers need to report information such as gross payments, tax withheld, allowances, and superannuation contributions on the PAYG payment summary.
What is the purpose of re payg payment summary?
The PAYG payment summary is used by employees to complete their individual tax return and by the ATO to track tax payments.
What information must be reported on re payg payment summary?
Information such as gross payments, tax withheld, allowances, and superannuation contributions must be reported on the PAYG payment summary.
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