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Exiting PAYG Instalment plan

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In 2017-18 I had foreign income for which there was no tax withheld. As a result I was entered into the PAYG instalment plan.

In 2018-19 I had mostly the same foreign income, but in April I changed jobs. My new employer withholds tax.

 

I believe that I will continue to be enroled in the PAYG instalment plan in 2019-20 because of the amount of 2018-19 foreign income. But I will be having tax witheld on all of my income during 2019-20.

 

Will I be able to exit from the PAYG instalment plan? Or should I just submit 4 x $0 quarterly estimations?

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ATO Certified Response

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Hi @Jem,

 

Welcome to our Community.

 

We will automatically remove you from the pay as you go (PAYG) instalments system if you no longer have to pay instalments. There is a detailed list on our website which advises of the circumstances when we would remove you.

 

If your circumstance have changed, and you have a myGOV account linked to us you can exit the system online. Alternately you can contact us on 13 28 61 Monday to Friday, between 8:00am – 6:00pm to remove you from the PAYG instalments system.

 

There are a few circumstances where you will not qualify for removal from the PAYG instalment system, refer to our website for when you can’t exit PAYG instalments.

 

I hope this helps you, SueO

1 REPLY 1
Highlighted

Most helpful response

ATO Certified Response

Community Support

Replies 0

Hi @Jem,

 

Welcome to our Community.

 

We will automatically remove you from the pay as you go (PAYG) instalments system if you no longer have to pay instalments. There is a detailed list on our website which advises of the circumstances when we would remove you.

 

If your circumstance have changed, and you have a myGOV account linked to us you can exit the system online. Alternately you can contact us on 13 28 61 Monday to Friday, between 8:00am – 6:00pm to remove you from the PAYG instalments system.

 

There are a few circumstances where you will not qualify for removal from the PAYG instalment system, refer to our website for when you can’t exit PAYG instalments.

 

I hope this helps you, SueO