When are payers (employers) legally required to issue PAYG Payment Summaries?
Generally payers are required to supply a Payment Summary within 14 days of the end of the financial year – i.e. 14th July. If an employee ceases employment part-way through the year, a PAYG Payment Summary must be supplied within 14 days of receiving a written request from the former employee and the request must not be made any later than 21 days before the end of the financial year. If a former employee has been receiving reportable fringe benefits (RFB) and leaves before the end of March then the 14 day limit may need to be extended.
