Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
FinanceDude(Champion)Champion
18 Nov 2023

Hi there!


I currently have a PAYG withholding variation as I have quite a few tax deductions that would cause an overpayment of PAYG tax throughout the year.


My question is, if I change employers how does my new employer know to withhold my tax as per the PAYG withholding variation?


My understanding is that employers are only able to do this after the ATO has sent them a physical letter.... Must I ask the ATO to do this once I change employers?

1,329 views
2 replies
1,329 views
2 replies

Most helpful response

Most helpful replyATO Certified Response

PayrollDeanne(Taxicorn)Taxicorn
ATO Certified Response20 Nov 2023

Hiya @FinanceDude 👋


All tax treatments apply between the payee (you) and the payer (your former payer). I assume the variation you're talking about is the ATO downward variation?


You have to apply again if you get a new payer. The existing arrangements are only for the former payer.


No payer is permitted to apply a downward variation other than from receipt of an ATO downward variation letter. They must tax you as per the tax documents you provide to them: TFN declaration, withholding variation, medicare levy variation. Only ATO can provide the downward variation, it's not transferable.


Deanne

Loading
What happens to PAYG withholding variation when changing employers? | ATO Community