ABN Registration

How to apply for an ABN, the information you will need and the support to maintain your ABN.

What is PAYG?

Pay-As-You-Go Tax Withholding (PAYG)

Being PAYG registered allows you to withhold funds from a payment to meet tax obligations

If your company intends to employ staff and/or pay directors and shareholders a wage/salary, it must be PAYG registered.

The ATO will advise how often it requires PAYG payments to be made; this is usually monthly or quarterly.

The estimated amount that you expect to withhold is generally an indication of the reporting frequency:

  • $25 000 or less = quarterly
  • $25 001 up to and including $1 000 000 = monthly
  • More than $1 000 000 = increased frequency

This information is of a general nature only and does not constitute professional advice. You must seek professional advice in relation to your particular circumstances before acting.

Updated — Mar 27, 2017

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