[4270] Dynamic pay as you go instalments – general interest charge on excessive variation [updated]
Title
Final Practical Compliance Guideline
Dynamic pay as you go instalments: general interest charge on excessive variation – ATO compliance approach
Purpose
This Guideline outlines the Commissioner’s practical compliance approach to the application of a general interest charge on excessive variations of pay as you go (PAYG) instalments under Subdivision 45-G of Schedule 1 to the Taxation Administration Act 1953 if taxpayers use the Dynamic PAYG instalment method.
Expected completion
Late 2026
Comments
Draft Practical Compliance Guideline PCG 2026/D3 Dynamic pay as you go instalments and general interest charge on excessive variation – ATO compliance approach published on 24 June 2026. Comments period closed on 28 August 2026.
Contact
[4287] Standard deduction for work-related expenses
Title
Final Law Companion Ruling
Standard deduction for work-related expenses
Purpose
This final Ruling provides an overview of how the standard deduction for work-related expenses operates, as contained in section 25-130 of the Income Tax Assessment Act 1997.
Expected completion
To be advised
Comments
Draft Law Companion Ruling LCR 2026/D5 The standard deduction for work-related expenses published on 26 August 2026. Comments period closes on 7 October 2026.
Contact
Shaun Thomas, Individuals & Intermediaries