ATO thinks I'm a business and charging me tax

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 · Accepted Answer

Taxduck · Answer

Yes, that simple. Can vary down to zero if applicable. Only be an issue if you have a tax payable come tax time. If the ATO entered you into the PAYG instalment system you must have had a tax payable on your last tax return plus investment income (e.g. bank interest, or maybe share dividends) Link explains when you are entered into the system Starting PAYG instalments | Australian Taxation Office (https://www.ato.gov.au/businesses-and-organisations/income-deductions-and-concessions/payg-instalments/starting-payg-instalments)

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