This application should be used when the payee wants to reduce their PAYG withholding rate for the year ending 30 June 2008. If the payee has business income or non-commercial business losses, the 2008 PAYG ITWV supplement NAT 5423 must be completed. NAT 2036 http://www.ato.gov.au/distributor.asp?doc=/content/content/00096490.htm Published: April 11 2007