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Jennifer5(Newbie)Newbie
15 Dec 2023

I received an activity statement 003 in the mail, and also can see it on my online ATO account. Can you please explain why I have this? I had to pay ~$4000 post my tax return in 2023 however this is due to the fact that my current employer does not take enough out for my HELP debt. My plan is to be pay off my HELP debt by the end of the this financial year. I do not work for my own business. I am an employer of NSW health. Please help me cancel this statement 003. I do not want to use the activity statement 003.

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Most helpful reply

CaroATO(Community Support)Community Support
18 Dec 2023

Hi @Jennifer5,


Did you tell us about investment income perhaps from a rental property or did you sell shares that resulted in a capital gain when you lodged your tax return? These're scenarios where we would ask you to pay tax on investment income during the financial year via instalments. We won't ask you to pay your tax in instalments because your employer didn't withhold enough tax to cover your compulsory HELP repayments. It's more for business and/or investment income because there isn't anyone in the community to withhold tax on these types of payments.


Perhaps I'm way off the mark.


If you have a look the labels on your activity statement, they'll let you know what we're asking you to report and pay.


Perhaps I'm spot on. If so check out an article we have that answers your PAYG instalment questions.

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Most helpful reply

CaroATO(Community Support)Community Support
18 Dec 2023

Hi @Jennifer5,


Did you tell us about investment income perhaps from a rental property or did you sell shares that resulted in a capital gain when you lodged your tax return? These're scenarios where we would ask you to pay tax on investment income during the financial year via instalments. We won't ask you to pay your tax in instalments because your employer didn't withhold enough tax to cover your compulsory HELP repayments. It's more for business and/or investment income because there isn't anyone in the community to withhold tax on these types of payments.


Perhaps I'm way off the mark.


If you have a look the labels on your activity statement, they'll let you know what we're asking you to report and pay.


Perhaps I'm spot on. If so check out an article we have that answers your PAYG instalment questions.

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Why have I been sent an activity statement 003? | ATO Community