14 July is the deadline for your employer to issue you your PAYG.
What do I do if I have not received my PAYG by 14 July?
From where you stand, there are no obvious penalties you could impose on your employer. However, they are in fact subject to another deadline: on 14 August, they must have their complete PAYG report for all employees submitted to the ATO. If they fail to do so, they will be faced with a failure-to-lodge on time penalty.
With that out of the way, you still need access to your PAYG so that you can lodge your tax return on time. What can you do?
You have three options:
- Contact your employer. Give them the benefit of the doubt and consider that they have a lot on their plate and it slipped their mind.
- Wait until 14 August and give the ATO a call. Remember, that’s the deadline for employers to submit the full company report.
- See Can I lodge without a PAYG? below.
What if I have ceased employment with a company?
If you are no longer employed by a company as of this year, you may have a higher chance of not receiving your PAYG on time. Although these are documents generally compiled and mailed together, there tends to be a bit of tension between employees and their former employers. If bridges were burned or you’re simply out-of-sight, out-of-mind, you may need to step up and make a call to your former employer. Either way, your employer has 14 days to issue your PAYG from the date you make a written request.
Can I lodge without a PAYG?
Yes, you can! You actually have a few sources to replace your original payment summary.
- Request a photocopy of your payment summary from your employer. This would be a great option if you were the one to misplace it. It may take time to request a new original PAYG from the ATO but if your employer did everything correctly on his end, he will have a copy to provide to you.
- Request a signed letter from your employer with your PAYG information listed. This option could work whether you misplaced the document or your employer failed to issue you one on time.
- Review your pay slips for that financial period. A statutory declaration would then need to be completed and used in place of each PAYG you are missing. Depending on how organized you are, this could either be the most appealing option or actually impossible for you to do. Keep in mind that handing over a box of pay slips to your tax preparer will not cut it. You must provide a PAYG or one of the alternative forms listed above.
For more information on lodging your tax return without a PAYG, see our article, “How to Lodge a Tax Return without a Payment Summary”.
Your employer knows the deadline
Seeing as employers are typically well aware of the deadline date to issue the employee payment summaries, most of us won’t be left waiting a month for tax season. In fact, the majority of employees can expect their PAYG by 7 July or earlier. Don’t be shy about asking your employer where your payment summary is. If anything, they will thank you for the reminder.
Photo via Josh McGinn on flickr.Tags: Lost PAYG, payg, payment summary