• PAYGI activity statement variations and revisions

    If a client’s income has changed since lodging or amending their most recent income tax return, you can vary their pay as you go (PAYG) instalment amount or rate.

    A variation can be lodged on an original activity statement or as a revision to a lodged activity statement.

    The varied amount or rate will appear on future activity statements for the income year unless another variation is lodged.

    Making a variation

    You can notify us of a variation on the activity statement on, or before, the day the instalment is due.

    Using option 1: Pay a PAYG instalment amount

    To vary the PAYG instalment amount on the current activity statement, remember to complete:

    • label T8 (estimated tax for the year)
    • label T9 (varied amount for the quarter)
    • label T4 (reason code for variation), and
    • enter the label T9 figure at 5A even if it is ‘0’.

    See also:

    Using option 2: Calculate PAYG instalment using income times rate

    To vary the PAYG instalment rate on the current activity statement, remember to complete:

    • label T1 (PAYG instalment income)
    • label T3 (new varied rate)
    • label T11 (T3 x T1)
    • label T4 (reason code for variation), and
    • enter the label T11 figure at label 5A.

    See also:

    Making a revision

    If you realise a mistake was made after your client’s activity statement was lodged, you can correct it by lodging a revised activity statement. You can only do this if:

    • you can lodge it by the date the original activity statement was due, and
    • your client's income tax return has not been lodged for the relevant year.

    If your client doesn't meet the above conditions, don't try to vary the instalment amount. When their income tax return is lodged for that year, in most cases, it will be automatically updated.

    See also:

      Last modified: 12 Aug 2016QC 43836