Payment plan calculator
You can use the online payment plan calculator to work out a payment plan you can afford. You can also use it to find out how quickly you can pay off a tax debt and how much interest you’ll be charged. The longer you take to pay off your debt, the more it will cost you in interest.
Once you have worked out a suitable payment scenario based on your circumstances, you can use it as a guide to set up a payment plan.
You can’t use this calculator for super debts.
Setting up a payment plan
If you are an individual or a sole trader and you have an income tax or activity statement debt of $100,000 or less, you may be able to set up a payment plan using online services .
Alternatively, you can use our 24/7 automated phone service on 13 72 26 for businesses or 13 28 65 for individuals.
Or you can phone us on 13 11 42 during available hours to discuss a payment plan.
Payment plan conditions
- All tax credits/refunds will be used to reduce your tax debt but won't replace the required instalment payment
- general interest charge (GIC) will accrue until the debt is paid
- you can make additional voluntary payments or pay off the debt at any time
- lodge your activity statements and tax returns and pay any associated liabilities on time.
If you can't pay an instalment phone us on 13 11 42 during available hours to discuss your circumstances. We may be able to vary the payment plan to suit your current circumstances.
If you don't pay an instalment we can vary the payment plan or end it and you will have to pay the full amount plus interest immediately or face further recovery action.
Final instalment or payout figure
Prior to making your last payment, you should check your account balance online using:
If you can’t use our online services phone us on 13 11 42 during available hours for the final amount to pay.
Use our online calculator to work out a payment arrangement that you can afford. Calculate different payment scenarios based on your circumstances and use these as a guide to propose a payment arrangement that enables you to address your tax obligations.Last modified: 08 Aug 2016QC 21930