Pay as you go (PAYG) instalments are regular prepayments of the expected tax on your business and investment income.
You may be required to make pay as you go (PAYG) instalments when you earn business and investment income.
You can pay an instalment amount we calculate for you, or calculate your payment using an instalment rate we give you.
Due dates for pay as you go (PAYG) instalments are generally 28 days after the end of each quarter.
How to lodge and pay your pay as you go (PAYG) instalments, complete your activity statement and make a correction.
You can vary your pay as you go (PAYG) instalments if they are too high or low.
If you are no longer earning business or investment income, you may be able to exit PAYG instalments.
The head company of a consolidated group pays PAYG instalments for the group and its members as one entity.