Hi @tl10,
Yes – for PSI to be treated as promptly paid, the PSI your company earned in the January–March 2026 quarter must be paid to you as salary or wages by 14 April 2026. You can’t split the amount and defer part of it into a later quarter.
For that quarter, promptly paid means:
- paying the amount by the 14th day after the end of the relevant PAYG period, and
- where activity statements are lodged quarterly, paying the PSI earned in that quarter by the same due date.
The prompt‑payment requirement applies where PSI is earned through a company or trust. If you operate as a sole trader, attribution doesn’t apply because the PSI is already included in your tax return.
If any PSI isn’t paid to you as salary or wages by that date, the unpaid amount must be attributed to you, which can result in additional PAYG withholding obligations for the company.
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