I understand what is meant by ‘salary & wages’, but what are the ‘other payments’ which are listed at W1?
‘Other payments’ refers to payments such as commissions, directors fees, compensation, sickness and accident payments and a range of other types of payments from which you are required to withhold amounts at a rate shown in the Commissioners published tax tables. The total amount also includes all payments subject to withholding whether or not you have withheld an amount from the payment because it was below the income tax threshold at which income tax is required to be withheld. You do not include at this item any payment from which you have withheld an amount where a tax file number has not been quoted in respect of an investment distribution or an ABN has not been quoted on an invoice. The amounts withheld for these payments are recorded at W3 and W4 respectively.
