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  • Monthly instalments

    If your base assessment instalment income exceeds the relevant year's threshold you will be required to start paying instalments monthly and we will notify you. You cannot elect to pay monthly instalments.

    The change will be introduced progressively over a four-year period. Affected taxpayers will be required to start paying monthly PAYG instalments from dates specified in the following table (or when their current quarter finishes whichever is the latter), if they meet or exceed the applicable threshold.

    Starting dates for monthly instalments, by entity type

    Entity type

    Base assessment instalment income

    Starting date

    Corporate tax entities (companies, corporate limited partnerships, corporate unit trusts or public trading trusts)

    $1 billion

    $100 million

    $20 million

    1 January 2014

    1 January 2015

    1 January 2016

    All other entities (including superannuation funds, trusts and individuals)

    $1 billion

    $20 million

    1 January 2016

    1 January 2017

    Monthly instalments must be made electronically and are due on or before the 21st day of the following month. If you are a deferred BAS payer on the 21st day of the next instalment month, then the payment is due on the 28th day of the following month.

    PAYG instalment payments for corporate entities have been modified to align with GST payments for most large companies.

    See also:

    Last modified: 30 Nov 2015QC 45468