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If I am eligible to pay two instalments for PAYG, how will I know from my activity statement that I will pay two instalments rather than four under this option?

April 26, 2017activity eligible instalments option pay PAYG

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If I am eligible to pay two instalments for PAYG, how will I know from my activity statement that I will pay two instalments rather than four under this option?

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If you are eligible for the PAYG instalment option, the activity statement for the first quarter of the 2002–03 financial year will show that you are able to choose between both PAYG options. The Tax Office will indicate on this activity statement whether you are a two instalment payer.