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raani(Dynamo)Dynamo
16 Apr 2026

Hello,

My 2025 tax returns were submitted and completed and I have now incurred a PAYG for my personal income tax returns. Just checking if these instalment payments are for the 2026 financial year or coming years as well?


Thanks,

34 views
4 replies
34 views
4 replies

All replies

NikkiATO(Community Moderator)Community Moderator
17 Apr 2026

Hi @raani,


From what you’ve explained, it sounds like they’re for the 2026 financial year.


PAYG instalments are prepayments of tax for future income years, not for the year you’ve just lodged.


If you lodged your 2025 tax return and were then placed into the PAYG instalment system:

  • The instalments raised after assessment are for the 2025–26 income year onwards.
  • They’re based on your most recent assessed tax position and are intended to help you pay tax gradually on income you’re expected to earn in the current or future years.
  • They’re not additional tax for 2024–25 – that year’s tax position is already finalised through your return and notice of assessment.

Our Answers to your PAYG instalment questions article has some great info, if you’d like to check it out.

raani(Dynamo)Dynamo
17 Apr 2026

Hi Nikki,

Thanks for your reply. Will read through the info.

When I meant years, I meant that is it for 2027 as well? Say if, my latest return in 2026 (when it's time to lodge and completed) shows that I I have a credit after paying instalments am assuming it will go back to normal and I won't have PAYG.

I am asking because I would like to amend the instalment amounts and since it is only a couple of months and more till the end of the financial year, so I am quietly confident it won't be a problem when I lodge my returns for 2026. However, for 2027 it is hard to say just yet.


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PAYG Instalments: Which Financial Year Do They Cover? | ATO Community