急问，什么是withholding tax

wlu

请教什么是withholding tax ? 不是PAYG withholding

tu2011

预缴的税吧

Tiger22

雇主从你的税前工资里， 代你扣除上缴税局的税。 退税时， 多退少补。

gnefoaix

顺便问一下什么是PAYG withholding?

Poweregg

你给我干活，我让你给我invoice，你说没有
我就withold 46.5%的税，因为你没有abn，然后交给税务局，你年度保税claim

宁静而致远

pay as you go. 预缴的个人税

3IX37

withholding tax is actually an income tax payable during the year before the year end. It is calculated based on the estimate of your annual income. It is essentially an income tax collection procedure for ATO. The amount of withholding tax one pays would eventually offsets his or her income tax liability on his or her annual taxable income when the tax return is lodged.

One most commonly would have withholding tax obligation for salary and wages - PAYG (pay as you go) withholding tax, previously known as "pay as you earn" withholding tax.

For international trading, one might have obligation for dividend, interest and royalty withholding taxes.

I hope this explains your question.   

wlu

Poweregg 发表于 2013-11-7 17:53
你给我干活，我让你给我invoice，你说没有
我就withold 46.5%的税，因为你没有abn，然后交给税务局，你年度 ...

指的是contractor 吗？

wlu

3IX37 发表于 2013-11-7 18:29
withholding tax is actually an income tax payable during the year before the year end. It is calcula ...

谢谢，能详细说说除了PAYG 以外的withholding tax 吗？

我们公司的人说PAYG is different with withholding tax ,不理解。

3IX37

wlu 发表于 2013-11-7 20:46
谢谢，能详细说说除了PAYG 以外的withholding tax 吗？

我们公司的人说PAYG is different with withhol ...

I think your colleague probably is referring to PAYG instalment, which is a similar concept, but different object.

PAYG withholding tax is for someone you hire or employ, while PAYG instalment is the business' income tax liability during the year.


From another perspective, withholding is someone else withhold the tax for the taxpayer, instalment is what taxpayer's instal-payment.

3IX37

wlu 发表于 2013-11-7 20:46
谢谢，能详细说说除了PAYG 以外的withholding tax 吗？

我们公司的人说PAYG is different with withhol ...

There is PAYG withholding, there is also PAYG instalment. they are 2 different things, but both serve the same purpose, both of them are income tax collecting procedure for income tax payable during the year before the year end calculated based on estimated annual assessable income. the intention of this procedure is to ensure the government to have sufficient funding and cash flow to run.

PAYG withholding is an income tax payable levied on employees, while the collection obligation lies on employer. For example, if your employer pays you $100 to you as wage, your employer is obliged to withhold a portion of tax from your wage on behalf of ATO, e.g.. $30. Consequently, you will only receive $70 cash wage, $30 tax withhold credit, which will offset your year end tax liability when your tax return is lodged. And your employer owes ATO $30 of your withholding tax credits.

On the other hand, if you are a self-employed, or it is business, who has no one withholding income tax during the year on behalf of ATO, you or the business needs to make a PAYG instalment during the year, which is calculated based on the estimated annual income.  

I hope this makes sense.