I have been filing tax returns for 5 years now, and only for the first time I am seeing this -
Apr 2023 – Jun 2023 Quarterly PAYG instalment notice
I don't understand what this Quarterly PAYG instalment notice is as I have never seen this show up on my ATO account before.
I work on TFN payg for past 5 years, and for the first time I worked on ABN as a sole trader, as well as on PAYG TFN for the FY 2021-2022.
Is it because of that - I am seeing this? I saw this notification first time in May 2023 and I ignored it thinking it may disappear itself. But now it is showing a debt I have to pay to ATO. I don't understand this.
I received a notification in MyGov inbox as well -
Australian Taxation Office
Act now - You have an overdue tax debt
Can someone please explain and refer to a good tax agent(who can help in amending FY 2021-2022 return if that's needed)