PAYG Instalments for primary producers and special professionals

Can you change the amount you pay?

You can vary your instalments if you believe the amount or rate we worked out will result in you paying more (or less) than your expected tax liability.

If you usually pay the amount we worked out for you, you vary your instalment amount by estimating the tax on your business and investment income.

If you're a quarterly payer using the instalment income x instalment rate method, you vary your instalment amount by varying your instalment rate.

If you varied your instalment amount or rate and it is less than 85% of the amount or rate that would have covered your actual tax liability for the year, you may have to pay interest.