Friday, November 2, 2012

PAYG withholding - changes to tax-free threshold


If you have employees who are certain that they will earn less than $18,200 in total income from all sources for the financial year, they can now claim the tax-free threshold from all their employers and other withholding payers.

To claim the tax-free threshold the employee needs to complete a Withholding declaration (NAT 3093).

For more information and friendly assistance, please feel free to contact us .

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