• PAYG instalments

    PAYG instalments is a system for making regular payments towards your expected end of year income tax liability.

    We use your last assessed income tax return to calculate and advise you of either:

    • a PAYG instalment amount that you pay
    • an instalment rate that you can use to work out your instalment amount yourself.

    Some payers such as some primary producers and special professionals pay two PAYG instalments a year.

    You will receive a quarterly activity statement or instalment notice that tells you your tax obligations, including your PAYG instalment amount or rate.

    See also:

      Last modified: 16 Aug 2017QC 16159