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If the total tax withheld is shown on the payment summary, the payee must lodge a tax return. Even if no tax was withheld, lodging a tax return may still be necessary.
The payment summary includes essential details about the payee, such as their name (John Eric Anderson) and tax file number (222222222).
The payments reported in this summary were made during the period from 1 July 2014 to 30 June 2015.
The total amount of tax withheld from the payee's payments is $24,650.
The gross payments made to the payee during the specified period amount to $84,765.
The payment summary specifies allowances received by the payee, including a travel allowance of $8,200 and a tool allowance of $1,200.
Details about the payer are also included, such as their name (Buildlink Constructions Pty Ltd) and ABN (86100252113).