Loading
This thread is archived and the information may not be up-to-date. You can't reply to this thread.
15 Jan 2025

I have a part-time job 25 hours a week, and between this I DoorDash for extra income, approx 5 hours a week. I started dashing in October 2024, and have predicted how much my total income from dashing would be for the financial year. I need some extra assistance understanding and working out potential PAYG instalments. I have tried using the PAYG instalment calculator, this advises me I need to pay $0. I am not sure I am doing it right and need a REALLY thorough description please.

361 views
3 replies
361 views
3 replies

Most helpful response

Most helpful reply

BrookeATO(Community Support)Community Support
16 Jan 2025

Hi @ashtonhodge43


We can't say how much you'll be paying in PAYGI as this is specific to your circumstances and can vary based on your income. You'll only be entered into the PAYGI system if you're earning more than $4000 per year in self-sourced income. So, if you aren't earning above that threshold in Doordash income, this could be why the calculator told you $0.


We'd suggest having a read of some our PAYGI FAQs as they might answer some future questions you may have. Just remember, your PAYGI amount will be calculated based on your previous tax return. Meaning that you probably won't be entered into the system until you lodge your 2024/25 FY tax return.

All replies

Most helpful reply

BrookeATO(Community Support)Community Support
16 Jan 2025

Hi @ashtonhodge43


We can't say how much you'll be paying in PAYGI as this is specific to your circumstances and can vary based on your income. You'll only be entered into the PAYGI system if you're earning more than $4000 per year in self-sourced income. So, if you aren't earning above that threshold in Doordash income, this could be why the calculator told you $0.


We'd suggest having a read of some our PAYGI FAQs as they might answer some future questions you may have. Just remember, your PAYGI amount will be calculated based on your previous tax return. Meaning that you probably won't be entered into the system until you lodge your 2024/25 FY tax return.

2 Feb 2025

Hi Brooke,


Thank you for the reply! If I am not entered into the system until I lodge my 2024/25 tax return, does this mean I have the potential to be faced with a tax bill? Thank you in advance

BrookeATO(Community Support)Community Support
3 Feb 2025

Hi @ashtonhidge43


It's hard to say without knowing how much tax you've already paid plus the income you're earning.


Our suggestion is if you're earning money from door-dashing, tuck some of that money aside in case you get a tax bill.


What you can do is assess what tax bracket you'll be in by calculating your total income across both jobs. Then put away that particular % from your dashing money for your next tax bill. You may or may not need it, but it's always good to be prepared!

Loading
DoorDash + PAYG Instalments | ATO Community