PAYG withholding tax tables — a handy reference to keep

 

Employers are required to deduct PAYG withholding from salary and wages of their employees as well as payments for directors fees, salary and allowances to office holders, payments to labour hire workers, and compensation, sickness or accident payments calculated at a periodic rate, based on rates approved by the ATO. Others deemed to be employees are also subject to these rules.

The ATO produces tax tables based on the frequency of payment arrangements (ie weekly, fortnightly, monthly). These tables set out the standard amount of tax that must be deducted by the payer and remitted to the ATO. PAYG is rounded to the nearest dollar.

PAYG withholding tax tables have separate columns for taxpayers entitled to receive annual leave loading and for those not entitled to this loading. Special tax tables are also available to work out the PAYG withholding for certain payees.

The following is a list of PAYGW tax tables that are available and corresponding publication (NAT) numbers (see note below table). Copies are available from the ATO via the following links in red, or can be located by searching for the NAT number from www.ato.gov.au.

NAT Title
1004 Statement of formulas for calculating amounts to be withheld
1005 Weekly tax table – incorporating Medicare levy with and without leave loading
1006 Fortnightly tax table – incorporating Medicare levy with and without leave loadinghttps://www.ato.gov.au/uploadedFiles/Content/MEI/downloads/Weekly-tax-table-2018-19.pdf
1007 Monthly tax table – incorporating Medicare levy with and without leave loading
1008 Weekly tax table with no and half Medicare levy, including weekly table for Medicare levy adjustment – half levy
1010 Medicare levy adjustment weekly tax table
1011 Medicare levy adjustment fortnightly tax table
1012 Medicare levy adjustment monthly tax table
1023 Special tax table for actors, variety artists and other entertainers
1024 Tax table for daily and casual workers – incorporating Medicare levy, including statement of formulas
2173 Higher Education Loan Program (HELP) weekly tax table, including statement of formulas
2185 Higher Education Loan Program (HELP) fortnightly tax table, including statement of formulas
2186 Higher Education Loan Program (HELP) monthly tax table, including statement of formulas
2335 Statement of formulas for calculating Higher Education Loan Program (HELP) component, including coefficients for calculating weekly withholding amounts incorporating HELP component
3306 Student Financial Supplement Scheme (SFSS) weekly tax table, including statement of formulas
3307 Student Financial Supplement Scheme (SFSS) fortnightly tax table, including statement of formulas
3308 Student Financial Supplement Scheme (SFSS) monthly tax table, including statement of formulas
4466 Tax table for seniors and pensioners
3351 Tax table for unused leave payments on termination of employment
3348 Tax table for back payments, commissions, bonuses and similar payments
3350 Tax table for annuities
70980 Tax table for employment termination payments
70981 Tax table for superannuation lump sums

NOTE: About NAT numbers
Over time, the ATO may update or change some forms. If a NAT number (which merely stands for “national”) is listed, this is so that readers can confirm they have the correct form. Although documents can be changed over time, its allocated number remains the same. The last four digits of some NAT numbers correspond to the relevant year. For example, for the 2017 SMSF annual return, the NAT number is 71226-6.2017. For the same form that applies to 2018, the NAT would be 71226-6.2018.