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Australian Taxation Office
PAYG instalmentsvoluntary entry andcalculators online
Susan Dredge and Joel Hannaway
14 October 2015
CLASSIFICATION – PAYG instalments
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Enter PAYG instalments
CLASSIFICATION – PAYG instalments online
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Enter PAYG instalments – choose quarterly payment amount
CLASSIFICATION – Title of presentation
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Enter PAYG instalments – calculate quarterly amount
CLASSIFICATION – Title of presentation
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Enter PAYG instalments - receipt
CLASSIFICATION – Title of presentation
Individuals PAYG instalments calculator on ato.gov.au
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Inputs
PAYG instalments individual’s calculator on ato.gov.au
The option to select an income year only appears if the current date is between 1 July and the due date for lodgment of the final activity statement for the prior financial year.
Otherwise the calculator defaults to the current financial year.
* Indicates a mandatory question
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Income and expenses inputs
PAYG instalments individual’s calculator on ato.gov.au
Standard PAYG instalments calculations use values from the most recently lodged tax return to calculate expected tax debt for the current year.
Any net capital gains (NCGs) included in the most recently lodged tax return are excluded from PAYG instalments calculations as they are not expected to recur in the current year.
In this calculator taxpayers can choose to include NCGs if they wish to account for the relevant tax in their instalments payments.
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Medicare inputs
PAYG instalments individual’s calculator on ato.gov.au
Values on this page are used to determine applicable Medicare requirement and thresholds.
Spouse’s taxable income appears if the user advises they have a spouse.
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Tax offsets
PAYG instalments individual’s calculator on ato.gov.au
The 5% tax discount for unincorporated small businesses (up to $1,000 a year) can be included here.
SAPTO entitlement helps determine applicable Medicare thresholds.
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HECS/HELP TSL and SFSS debts
PAYG instalments individual’s calculator on ato.gov.au
These are included in instalments payments if the taxpayer’s income exceeds the relevant threshold.
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Activity statements lodged
PAYG instalments individual’s calculator on ato.gov.au
The options displayed here are dependent on user inputs and current date. Ie; only potentially applicable answers will display.
These questions appears if the user indicates they have received activity statements.
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Possible Results (examples)
PAYG instalments individual’s calculator on ato.gov.au
_________________
__________________________________
Most common results format
If taxpayer has overpaid
If Q4 AS is lodged
If taxpayer is not currently paying instalments
Companies PAYG instalments calculator on ato.gov.au
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Inputs
CLASSIFICATION – PAYG instalments online
* Indicates a mandatory question
16
Inputs
CLASSIFICATION – PAYG instalments online
Standard PAYG instalments calculations use values from the most recently lodged tax return to calculate expected tax debt for the current year.
Any net capital gains (NCGs) included in the most recently lodged tax return are excluded from PAYG instalments calculations as they are not expected to recur in the current year.
In this calculator taxpayers can choose to include NCGs if they wish to account for the relevant tax in their instalments payments.
The option to select an income year only appears if the current date is between the start of the user’s financial year and the
due date for lodgment of the final activity statement for the prior financial year. Otherwise the calculator defaults to the current financial year.
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Inputs
CLASSIFICATION – PAYG instalments online
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Inputs
CLASSIFICATION – PAYG instalments online
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Inputs
CLASSIFICATION – PAYG instalments online
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Possible Results (examples)
PAYG instalments individual’s calculator on ato.gov.au
_________________
__________________________________
Most common results format
If taxpayer has overpaid
If Q4 AS is lodged
If taxpayer is not currently paying instalments
