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  • PAYG instalment concession

    As a small business, you have the option to pay as you go (PAYG) by instalments using an amount we work out for you. This can save you time working out the amount you need to pay, and if required you can vary this amount each quarter.

    We calculate instalment amounts from information you've previously reported and adjust it accounting for likely growth in your business and/or investment income.

    If you're eligible, the amount will appear under option 1 on your activity statement or instalment notice. To choose this option, complete the details under option 1 on your first activity statement or instalment notice. Once chosen, that option applies for the whole income year.

    The turnover threshold for this concession is:

    • $10 million from 1 July 2016
    • $2 million up to 30 June 2016.

    See also:

    Last modified: 22 May 2017QC 22665