Show download pdf controls
  • PAYG instalments concession

    As a small business, you can pay your pay as you go (PAYG) instalments using an amount we calculate for you. It's quick and easy because you don’t have to work out your instalments yourself.

    We calculate your instalment amounts by:

    • using information from your most recent tax return
    • adjusting them for any likely growth in your business and investment income.

    If you are not a small business because your turnover is $10 million or more – but is less than $50 million – you can pay your PAYG instalments using an amount we calculate for you from 1 July 2021.

    Pay using the instalment amount

    To start paying using the instalment amount, simply complete the details under Option 1 on your first activity statement or instalment notice for the income year. You’ll then pay using an instalment amount for the rest of the year.

    If you want to change to a different payment option later, you will need to wait until the first quarter of the next income year.

    See also:

    Last modified: 10 Dec 2020QC 22665