tumblr visit counter
Free SMSF Setup

SMSF Updates

Reminder for SMSFs on PAYG withholding reporting obligations
20 Jun, 2019

You have PAYG withholding obligations for super benefits you pay to members who are:

  • under 60 and the benefit is an income stream (pension) or a lump sum
  • under 60 and the death benefit is a pension which is a capped defined benefit income stream where the deceased was 60 or over when they died
  • 60 or over and the benefit is a pension which is a capped defined benefit income stream.

If you have pay as you go (PAYG) withholding obligations in 2018–19, you must provide your member with a PAYG payment summary by 14 July 2019 and lodge a PAYG withholding payment summary annual report with the ATO by 14 August 2019.

Enquiry Now

Enquiry Now