• Instalment notices for GST and PAYG instalments

    You'll receive a quarterly GST or PAYG instalment notice (or both) instead of a BAS if all of the following occur:

    • you report and pay your GST or PAYG instalments (or both) quarterly
    • you use the instalment amounts advised by us
    • you have no other reporting requirements.

    Your instalment notice will have a GST instalment amount displayed at G21 or a PAYG instalment amount displayed at T7, or both.

    To pay the total advised instalment amount, you need to:

    • transfer the total instalment amount (G21 + T7) to the Amount paid section of the payment advice
    • pay the amount by the due date
    • keep the instalment notice for your records – don't return it to us.

    If you pay the total instalment amount there is nothing else you need to do for this quarter.

    Varying your instalment amount

    If you think that using the amounts shown at G21 and T7 will result in you paying more (or less) than your expected tax liability for the year, you can vary it on the instalment notice.

    Another option is to pay your advised instalment amounts and then do one of the following:

    • make a balancing payment (or receive a refund) of GST when you lodge your Annual GST Return
    • pay income tax (or receive a refund) when you lodge your income tax return.

    See also:

    Last modified: 04 Apr 2017QC 33682