16/01/2026
If your earnings have changed, you could be paying more tax than you need to 💸
PAYG instalments are based on your expected income — so when your non-employment income goes up or down, it’s important to review them 🔍
Here’s what to know 👇
💡 PAYG instalments are regular tax payments made throughout the year based on your expected income
📉 If your income has dropped or your circumstances have changed, you may be able to vary your instalments
🗓 Q2 variation deadline: 28 February (submitted via the ATO)
If your income has decreased, chat with your accountant to see whether varying your PAYG instalments makes sense for you 🤝
Have a question? Drop it in the comments 💬 or send us a DM 📩