Change payment plan

Question

Change payment plan

 · Accepted Answer

TeddyATO · Answer

If you want to make higher repayments to your payment plan, I'd recommend making extra payments here and there when you can afford to, rather than renegotiating your payment plan. When you renegotiate your plan, it means we have to cancel the old one. It'll look bad on your records, even if the intention is a good one. That's why it's better to make extra payments to it without renegotiating your whole plan. To do this, I'd recommend setting up a BPAY payment in your online banking, or by doing extra payments through our credit card payment processing system. You can find the details for both of these on myGov when you click on ATO online services. Select Tax > Payments > Payment (not Payment Plans). In the event you need to renegotiate your payment plan, though, you'd need to contact us by phone to do so. You can read about payment plans on our website. **edited 18 November 2021 to provide more information**

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