Additional PAYG payment summary (egc) 2018 2018 2018

Complete the egc worksheet if you've received more than two PAYG payment summaries (Individual).

To open the egc worksheet:

• Press Enter in the (Press enter for details) box at item 1: Salary or wages—Label G 
• Click label G
• Select Worksheets on the Navigation Pane and click Additional PAYG Payment Summary
• Select Preparation > Schedule > egc Additional PAYG Payment summary.

We'll add up the tax deductions and salary amounts and filter the result through to label G. See Additional payment summaries egc example below:

What do I need to complete the worksheet?

You'll need:

• Paper or electronic copies of Individual PAYG payment summaries, see Payment summary schedule (PS) 2018 2018 2018 and
• Foreign payment summaries received by your client from their employer.

Or you can use the ATO Pre-fill to download reports and check what the ATO has received from the employer. See Pre-fill Manager 2018 2018.

Additional payment summaries worksheet egc example

The sum of all entries for:

• Item 2: Allowances, earnings, tips, director’s fees etc., label K
• Item 3: Employer Lump sum payments:
  • Amount A in lump sum payments box, label R
  • 5% of amount B in lump sum payments box, label H
• Total Reportable fringe benefits; the sum of:
  • Item IT1: Employers exempt from FBT under section 57A of the FBTAA 1986, label N.
  • Item IT1: Employers not exempt from FBT under section 57A of the FBTAA 1986, label W.
• Item IT2: Reportable employer superannuation contributions, label T.

On screen additional information is provided in relation to:

• Paid parental leave (PPL)
• Foreign payment summaries
• Working holiday makers.

The ATO provides 5 sets of labels for PAYG payment summaries.

During data entry, the full details for the first two payment summaries are visible. These are at Item 1: Salary or wages—Labels C and D.

Full details of every payment summary you've entered at Item 1 or in the egc get lodged via PLS.

The printed copy:

• displays the first four payment summaries at labels C, D, E and F
• adds together the amounts of any other entries and include the amount at label G
• displays the wording Refer attached schedule in the Employer name field.

CCH References

2-133 Means tested family assistance (PPL)

21-033 Working holiday makers

35-055 Reporting of benefits on payment summaries

39-030 Employees "exempt" from SG (PPL)

42-018 Working holiday makers rates