PAYG Withholding under Voluntary Agreements
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    PAYG Withholding under Voluntary Agreements

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    Article summary

    PAYG Withholding under a Voluntary agreement can be set up in JobBag for Freelancers, Non performing Artists and Suppliers


    Before you start

    - You should read the ATO requirements for PAYG Withholding under voluntary agreements  See link to the ATO for further information on Voluntary Agreements

    - Receive a completed and signed voluntary agreement form along with payers commissioner installment rate, if under 20%

    - Please note: In JobBag a voluntary agreement requires both the ABN and TFN of the individual freelancer, non performing artist or supplier


    Step 1: Set up Voluntary agreement in JobBag

    Go to the Employment/PAYG tab, in the freelancer, Non Performing Artist or supplier address book record

    Create a new Voluntary PAYG payroll header

    If required, new employment info and tax declaration needs to be completed as per normal

    Step 2: Add new employment info

    New employment info will need to be entered for freelancers only!

    Step 3: Add new tax info

    Voluntary PAYG Agreement defaults to 20% but you can enter the commissioner installment rate as provided by the ATO

    Enter the commissioner installment rate as provided by the ATO, however the payer can elect to deduct 20%


    Need more help?

    Please contact support, call 02 8115 8090 or email support@jobbag.com



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