PAYG I Concession
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- PAYG (I) is an advance payment of your Income Tax
- Concessions available is a Timing benefit;
- The ability to vary the PAYG (I) for March 2020 to Nil – To be applied on Activity Statement
- Refund for September & December PAYG (I) already paid – Process to be determined
NOTE : Tax will still need to be paid on tax return – June 2021