Details from any PAYG withholding from foreign residents - payment summary must be included on a Non-individual PAYG payment summary schedule 2011.
Complete a Non-individual PAYG payment summary schedule 2011 where you show an amount at:
- F2 Credit: foreign resident withholding item 12 (except where the amount is from partnership or trust distributions).
Print neatly in block letters with a black pen only. Show the fund's TFN and name in the appropriate boxes at the top. Print F for this type of withholding. From each PAYG withholding from foreign residents - payment summary, record the following detail on the Non-individual PAYG payment summary schedule 2011:
- the payer's ABN (or withholding payer number)
- total tax withheld
- gross payment
- the payer's name.
When you have entered details of all these payment summaries on the schedule, attach the Non-individual PAYG payment summary schedule 2011 to the tax return.
A Non-individual PAYG payment summary schedule 2011 is not required for income subject to foreign resident withholding received in a distribution from a partnership or trust because these distributions do not have an associated payment summary.
End of attentionDo not attach copies of any PAYG payment summary - payments to foreign residents to the tax return; keep them with the fund's copy of the tax return. Also keep a copy of the Non-individual PAYG payment summary schedule 2011 with the fund's tax records.