09 EXAMPLE OF RECORD KEEPINGAOffi ce use onlyWhen <strong>completing</strong> this form:■ print clearly using a black <strong>statement</strong>pentax withheldPAYG income tax■ roundinstalmentdown to whole dollars (do not show cents)■ if reporting a zero amount, print ‘0’ (do not use NIL)Complete Option 1 OR■ leave2 (indicateboxesoneblankchoiceifwithnotX)alary, wages andapplicable (do not use N/A, NIL)other paymentsPAYG Sam's W1 tax <strong>activity</strong> $ withheld <strong>statement</strong> , , .00Sam PAYG has income purchases Document tax including instalmentIDOption 1: Pay a $3,300 for a cash register shown■ PAYG do instalment not report amount negative quarterly figures or use symbols such as +, −, /, $From his calculation worksheet, Sam has total sales ofat G10 and $43,122 in other purchases shown at G11 of theABNnt withheld $426,758, from which includes $45,000 Customs free on board calculation Complete Option worksheet. 1 OR 2 (indicate He writes one the choice figure with 3,300 X)Total salary, W2 wages $ at G10, andnts shown at W1andGoods and services tax (<strong>GST</strong>)value of other goods payments for exportW1 ,and$ , .00$52,000 , of <strong>GST</strong>-free , sales for.00 43,122 at T7 G11 $ of the Form <strong>activity</strong> due on <strong>statement</strong>.Write the T7 amount atOption5A in1:thePaySummarya PAYG instalmentsection belowamount quarterlyt withheld goods where When sold <strong>completing</strong> Australia. this form:Amount withheld fromOR if varying this amount, complete T8, T9, T4o ABN is quoted W4 $Sam ■ places print clearly an ‘X’ in using W2 ,the box a $ , .00black to show penPayment due onpayments shown at W1, he has chosen , .00option 1.Complete Option 1 OR 2 OR 3 (indicate one choice with an X)Estimated tax for the year T8 $ T7 $From ■ his round calculation down to worksheet whole dollars Sam writes (do not the show figure cents), , .00mounts withheldof 426,758 Write the T7 <strong>GST</strong> amount accounting at 5A method in the Summary section belowding any amount Amountat G1 ■ and if W3 withheldreporting places $ whereOption 1: Calculate <strong>GST</strong> and report quarterlyan a zero ‘X’ in amount, the box below print ‘0’ G1 (do to indicate not use that NIL) OR if varying this amount, complete T8, T9, T4no ABN is quoted W4 , $ , .00Varied, , .00 amount payablewn at W2 or W4)<strong>GST</strong> ■ is leave included boxes in the blank amount. if not applicable (do not use N/A, NIL)for the quarter T9 Contact $Total phone sales number , , .00ORWrite the T9 amount (G1 Estimated requires 5A in tax 1A the for completed) the Summary year T8 G1 section $ below ,■ do not report negative figures or use symbols such as +, −, /, $., 426758 ,, .00(G1mounts withheldOther amounts withheldAuthorised contact personSam writes the figure of 45,000 (the total Customs free on(W2 + W4 + W3)(excluding W5 any $ amount W3 , $ , , .00 , Reason .00code for variation Varied T4 Does amount who the completed amount payable the formboard shown value at W2 of or goods W4)shownfor export) at G2. The figure of 52,000for at the G1 quarter T9 $include <strong>GST</strong>? Yes , No , .00he W5 amount Goods at 4 in and the Summary services section below tax (<strong>GST</strong>)is reported at G3, which is the total other <strong>GST</strong>-free sales. ORWrite the T9 amount (indicate at with 5A in X) the Summary section belowTotal amounts withheldRe(W2 + W4 + W3) W5 $ , , Option .00 2: Calculate Reason PAYG code for instalment variation using T4 income times rateinExport salesComplete Option 1 OR 2 OR 3 (indicate one choice with an X)G2 $ , 45000 , .00r varying (G24 Write & the T4) W5 amount at Code 4 in the Obligation Summary section below PAYG instalmentPAYG tax withheldOR incomePAYG T1 income $ tax , instalment , .00investments 21 PAYG onlyOption 1: Calculate <strong>GST</strong> and report quarterlyOptionOtherOption<strong>GST</strong>-free2: Calculate 2: salesPAYG G3 <strong>GST</strong> instalment $ quarterly using and report income annually times rate, , .00siness structure not continuing 22 <strong>GST</strong> & PAYGTotal salesOR CompleteT2Option 1 OR 2 (indicate% 52000 ORone choice with X)t changeReasonin trading Total for salary, conditionsvarying wages (G24 and &23T4) Total sales(G1 requires other 1A completed) payments W1 G1 $ <strong>GST</strong> & PAYGCode ObligationPAYG instalment income , , .00T1 $(G1 requires 1A completed) G1 $ , , .00426758 OR, , .00siness restructureChange in investments24 <strong>GST</strong> & PAYG21 PAYG onlyNew varied rate Option T3 Capital1: Pay a PAYG instalment amount quarterlyDoes thepurchasesamount shown G10.$ %, 3300 , .00legislationCurrentor productbusinessAmountDoes mix withheldthe structure amountfromshown not25continuing<strong>GST</strong> & PAYG22 <strong>GST</strong> & PAYGat G1 include T2 <strong>GST</strong>? Yes No %payments shownat G1 includeat W1<strong>GST</strong>? W2 $ Yes , No , .00W(indicate with X)market changesSignifi cant change in trading(indicate with 26conditionsX) <strong>GST</strong> & PAYG23 <strong>GST</strong> & PAYGT1 x T2 (or x T3) T11 $ OR T7 $(leWrite Report Non-capitalthe <strong>GST</strong> T7 on purchasesamount sales at 1A G11 ,5A and $ , .00in the <strong>GST</strong> Summary on purchases , section at below 1B , .00Internal business restructure 24 <strong>GST</strong> & PAYGNew varied rate T3 . 43122%ome tax lossesAmount withheld where 27 PAYG onlyWrite the T11 amount in the at 5A Summary in the Summary section over section the belowORpageChange in legislation Export sales G2 OR if varying this amount, complete T8, T9, T4no ABN quoted or product W4 mix$ 25 , <strong>GST</strong> 45000& PAYG , .00 Report <strong>GST</strong> on sales at 1A and <strong>GST</strong> on purchases at 1BFinancial market changes 26 <strong>GST</strong> & PAYGin the Estimated Summary T1 x T2 (ortax for section x T3)the year over T11 T8 the $ $ page , , , .00Reason code for variation T4, .00Use ofOtherincomeamountstax losseswithheld27 PAYG onlyOption 3: Pay <strong>GST</strong> instalment amount quarterly(excluding Other <strong>GST</strong>-free any amount sales W3 G3 $ , , .00Write the T11 amount at 5A in the Summary section belowary52000 OR Varied amount payableshown at W2 or W4)Using the calculationfor the quarterworksheet, T9 $ Sam calculates , his , <strong>GST</strong> credit .00you owe the ATOAmounts the ATO as Reason one-eleventh owesWrite the code youT9 for amount variation of the at T4 total 5A G21 in the purchases$ Summary subject section below to <strong>GST</strong> at G19<strong>GST</strong> on salesTotal amounts Capital purchases withheld G10 .00(W2 + W4 + W3) W5 $ , , .00of the worksheet. Sam transfers the <strong>GST</strong> credit figure of 3,688 Wr <strong>GST</strong> instalment 1A $Summary , , .00<strong>GST</strong> on purchases 1B $Reason code for variation T4 , , .00(leWrite the G21 amount at 1A in the Summary section over the pageWrite the W5 amount at 4 in the Summary section belowDo not complete shown 1B if using at G20 <strong>GST</strong> of instalment the worksheet amount (Option to 1B 3) of the <strong>activity</strong> <strong>statement</strong>.Amounts you owe the ATOAmounts (leave 1B blank)Non-capital purchases G11 $ , , .00OR the ATO owes youAYG tax withheldR4 $<strong>GST</strong> on sales , , .00or <strong>GST</strong> instalment 1A $ , , .00 OR if Option varying <strong>GST</strong> on 2: purchases this Calculate amount, 1B PAYG complete $ instalment G22, using G23, , G24 income 3688 , times rate .00Report <strong>GST</strong> on sales at 1A and <strong>GST</strong> on purchases at 1BNAT 4189-06.2011 [JS 20300]e tax instalmentCredit from PAYG income Do tax5A $Reason in the Summary for varying section (G24 &, over T4) , .00not complete 1B if using <strong>GST</strong> instalment amount (Option 3)the page Code Obligation instalment PAYG instalment Estimated income net T1 G22 $ <strong>GST</strong> for the year, , .00PAYG tax withheld 4 $, , .00Sam variation calculates5B $the difference , between , .001A and 1B to work out ifd company/fund Change in investments 21 PAYG onlyhe has a refund or an amount due to the ATO.7 $instalment Current business structure not , continuing, .0022 <strong>GST</strong> & PAYGVaried amount payable T2 % Methods of payPAYG income tax instalmentCredit from PAYG income tax5A $ , , .00 The differenceinstalmentbetweenfor the quarter G23 $ , , .00BPAY variation 5B 1A and $ 1B (29,758Signifi cant change in trading conditions 23 <strong>GST</strong> & PAYGOR® : contact <strong>your</strong> fi nancial , <strong>–</strong> 3,688)institution to , equals .00make Direct d1A + 4 + 5A + 7 All 8A amounts $ Sam , reported , at G2 and .00 G3 should also 26,070. 1B + 5B 8B This $ isInternal business restructure 24 <strong>GST</strong> & PAYGWrite the New G23this thevaried amountpayment amountrateat T3 1A , from he writesin the<strong>your</strong>Summarycheque ,at label. sectionor savings 9 .00 if heoveraccount. has no other% the pageinstitutioDeferred company/fundhave been reported 7 at G1. $Quote biller code 75556 and <strong>your</strong> EFT code (shown organisinstalment, , .00 tax obligations to report on his <strong>activity</strong> <strong>statement</strong>.nt or (leave 1B blank)Change refund? in legislation or product mix 25 <strong>GST</strong> & PAYGon the front of the payment slip) as the customer Mail paFinancial market changes then write the result of 8A minus 26 8B at <strong>GST</strong> 9. This & PAYG amount isReason code T1 x for T2 reference variation (or x T3) number. T11 G24 $ , , .001A + 4 + 5A + 7 8A $1B + 5B 8B $money, , .00Your payment or refund amountre than 8B? Yes,Using Use of the income calculation tax losses worksheet, Sam 27 calculates PAYG only the <strong>GST</strong> onCredit card: payments can be made , online or by , .00payable to the ATO.phone, a staples.h X)Write the T11 amount at 5A in the Summary section belowPayment hisNATsales4189-06.2011as one-eleventh or refund?9 $[JS 20300]card payment , fee applies. 26070 , Go to www.ato.gov.au/howtopay.00then write the of result the of total 8B minus sales 8A subject at 9. This amount to <strong>GST</strong> is ofPost ofNo,or phone 1300 898 089.refundable to you (or cheque$327,345 shown at G8 of the worksheet.then offset write against the result any otherTheof<strong>GST</strong>8A tax minus debtof $29,7588B you at have). 9. This amount Sam isReasondoesDoDirect codenot useforusesymbolscredit: variationa + / YourIs 8A more than 8B? Yes,you can T4 -suchat labelaspayment+, <strong>–</strong>,9/,if$he or refund has a payment amountpayable to the ATO.electronically transfer funds to the $3,000n I declare is that transferred the in for ma tion from given G9 on this on form the is worksheet true and correct, to and 1A that on the <strong>activity</strong> Return this or completed refund ATO’s form amount. toHRS MINSdirect credit bank account using online banking facilities. present(indicate<strong>statement</strong>. Summarywith X)9 $then write the result of 8B minus Methods 8A at 9. This amount of payment, , .00rised to make this declaration. The tax invoice re quire ments have been met.isNo,Use BSB 093 003, Account number 316 385 and <strong>your</strong>Amounts you owe BPAY the ® : contact ATO <strong>your</strong> refundable fi nancial to institution you (or offset to make against any other tax Direct debt SamAmounts you debit: then: have). EFT have the code. <strong>your</strong> ATO Phone owes payment Do1800notyoudeducted use815symbols886 from forsuchassistance <strong>your</strong> as fi +, nancial <strong>–</strong>,if/,required.$Estimate the time taken to completeCheque<strong>GST</strong> this on sales payment from <strong>your</strong> cheque or savings account. institution n signs account and dates (not his credit <strong>activity</strong> cards). this form. <strong>statement</strong> Phone Include 1800 the time 802 taken 308 toand payDeclaration I declare that the in <strong>GST</strong> instalment Quote biller 1A for ma tioncode $ given on this form is true and correct, and75556 and , <strong>your</strong> EFT code , (shown .00 thatReturnorganise a direct <strong>GST</strong>thisdebit oncompletedpurchasesformor to get 1B toHRS toDate /MINS29758/collect further $ any information., , .00 be crosI am authorised to make this declaration. The tax invoice re quire ments have been met. n completes the payment advice form at the bottom of the<strong>statement</strong> instructions are available on the from front www.ato.gov.au of the payment or can slip) be ordered as the by customer phoning 13 28 66. The Mail ATO is payments: authorised Do not complete by mail the tax the laws 1B payment if to using collect <strong>GST</strong> slip this instalment together information with amount to <strong>your</strong> (Option cheque 3) or at any Ater those laws and may reference number.PAYGpasstaxinformationwithheldto other government agencies. More information about4 $ , , .00 privacy money and access <strong>activity</strong>order to <strong>your</strong> <strong>statement</strong>using tax the information envelope is available provided. from Please www.ato.gov.au Estimate do not the use time taken pins to or completethis form. Include the time taken toSignature Credit card: payments can be made online Date or by phone, / a / staples. n fills Do in his not contact send cash. details See below on the for front cheque ofcollectthe information. any<strong>activity</strong>information.<strong>statement</strong>card payment fee applies. Go to www.ato.gov.au/howtopayPAYG Activity income <strong>statement</strong> Post office: payments can be made at any post offi ce by cash,or phone tax instalment instructions Credit from PAYG income tax1300 898 5A are089.available $ from www.ato.gov.au or can be ordered, , .00by phoning n lodges 13 28 66. the The ATO <strong>activity</strong> is authorised <strong>statement</strong>cheque or EFTPOS instalment (where variation 5B by the $ tax and laws pays to collect the this amount information owing to byavailable and subject to , daily limits). , .00administer those laws and may pass information to other government agencies. More information the about due privacy date and access to <strong>your</strong> tax information is available from www.ato.gov.au ADirect credit: you can electronically transfer funds to the $3,000 limit applies to cash payments. Your payment slip must beDeferred ATO’s company/fund direct credit 7 bank $ account using , online banking , facilities. .00 presented with <strong>your</strong> payment.4641890611Business <strong>activity</strong>Use BSBinstalment093 003, Account number 316 385 and <strong>your</strong>n4189-06-2011.indd 1EFT code. Phone 1800 815 886 for assistance if required. Cheques/money orders should be for amounts in <strong>Australian</strong> dollars1A + 4 + 5A + 7 8A $ , , .00 and payable to ‘Deputy 1B Commissioner + 5B 8B $ of <strong>Taxation</strong>’. , Cheques should , .00be crossed ‘Not Negotiable’. Payments cannot be made in personat any ATO site or shopfront.then write the result of 8A minus 8B at 9. This amount isYour payment or refund amountYes,payable to the ATO.9 $ , , .00then write the result of 8B minus 8A at 9. This amount isNo,Payment or refund?Is 8A more than 8B?(indicate with X)
09 EXAMPLE OF RECORD KEEPINGA printed copy of the <strong>GST</strong> calculation worksheetfor BAS (NAT 4203) is available by:n visiting our website at ato.gov.au/onlineorderingn phoning the Publications Distribution Service (whichoperates from 8.00am to 6.00pm, Monday to Friday)on 1300 720 092.47
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