Reminder for SMSFs on PAYG withholding reporting obligations

You have PAYG withholding obligations for super benefits you pay to members who are:

• under 60 and the benefit is an income stream (pension) or a lump sum
• under 60 and the death benefit is a pension which is a capped defined benefit income stream where the deceased was 60 or over when they died
• 60 or over and the benefit is a pension which is a capped defined benefit income stream.

If you have pay as you go (PAYG) withholding obligations in 2018–19, you must provide your member with a PAYG payment summary by 14 July 2019 and lodge a PAYG withholding payment summary annual report with the ATO by 14 August 2019.