W2 — Amounts withheld from payments in W1¶

Definition. W2 is the Activity Statement box for the total tax you withheld from the wages and other payments you reported at W1.

In plain English¶

At W2 you put the total tax you held back from the wages and payments shown at W1. This is the PAYG withholding — the money you kept aside from your workers' pay to send to the ATO. The ATO treats this as the main type of withholding on your Activity Statement.

Related lessons¶

• W2 — PAYG withholding

General information only — not tax, super or financial advice.