2020 Pay as you go (PAYG) withholding tax tables

Original Published Date
Tax Category
Resource Type
Statement of formula / rates and thresholds

Changes to personal income tax thresholds for 2020-21 income year have been announced by the government as part of this year’s federal Budget. Where applicable, these changes were incorporated into the withholding schedules and tax tables and apply to payments made on and from 13 October 2020.

A list of updated tax tables is provided under ‘Resource Attachments’, along with output files for several schedules. This includes:

  • Schedule 1 - Statement of formulas for calculating amounts to be withheld (NAT 1004)
  • Schedule 8 – Statement of formulas for calculating study and training support loans components (NAT 3539)
  • Schedule 9 – Tax table for seniors and pensioners (NAT 4466), and
  • Schedule 15 – Tax table for working holiday makers (NAT 75331).

The updated tax tables were published on 13 October 2020. As the changes to withholding are made part way through the income year, employers and other payers who are unable to immediately implement these changes into their payroll will have until 16 November 2020 to do so.

See also:

It's time for employers to update their payroll processes to apply tax cuts

Other important information

Due to the negative coefficient value in some of the formula scales, we understand that some current software products may take longer to implement the changes. This will need to be factored into the formulas if your software products are affected. If you have any questions or need further support, contact us via Online services for DSPs.

Schedule 10 - Tax table for Joint Petroleum Development Area (NAT 7288) has been removed as it no longer applies. As a result of the Timor Sea Maritime Boundaries Treaty, the income is entirely foreign sourced income there are no withholding requirements in Australia. An Australian tax resident receiving this income will be entitled to a foreign income tax offset in their Australian tax return.

File Size Upload date
NAT 1004 (XLSX) 28.01 KB 9 Oct 2020
NAT 1004 Medicare Levy (XLSX) 20.3 KB 9 Oct 2020
NAT 3539 (XLSX) 51.37 KB 9 Oct 2020
NAT 4466 (XLSX) 106.77 KB 9 Oct 2020
NAT 75331 (XLSX) 11.02 KB 9 Oct 2020
Tax Tables October 2020 Updates list (DOCX) 21.65 KB 9 Oct 2020
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