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What are PAYG Income Tax Instalments?

Pay-as-you-go (PAYG) instalments are recurring prepayments of the tax on your investment income or company. Upon entering the PAYG Instalment System you will have to pay PAYG Installments every 3 months. How Do PAYG Instalments Work? What are PAYG Income Tax Instalments and how do they work? Pay As You Go (PAYG) Instalments is a…