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cigarsteve(I'm new)I'm new
15 Apr 2026

Hi.


I used to have savings account interest paid to me but now no longer have that. I was enrolled to PAYG because of those interests. I like to change the PAYG but it seems so complicated online and not sure how to do that. So I just pay the quarterly amount billed to me even though I know I am paying for things that I'm not suppose to.


Two questions.


  1. Will I get back those extras paid quarterly?
  2. How can I change this PAYG thing because I no longer have those big saving accounts interest anymore?


Thanks.

29 views
1 replies
29 views
1 replies

All replies

Taxduck(Taxicorn)Taxicorn
15 Apr 2026

If a variation of the instalment amount is too complex you should seek out a local tax agent to do this for you. (their fee is tax deductible). See how to vary below

How to vary your PAYG instalments | Australian Taxation Office

"When you lodge your tax return, the PAYG instalments you have paid during the year are offset against your tax,...,"

Starting PAYG instalments | Australian Taxation Office

Instalments paid and not used after your tax return has been processed will be refunded.

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