Electing to pay your PAYG instalments annually

If you are eligible to pay annually and wish to do so, you must advise the Australian Tax Office by the date on which your first quarterly instalment would otherwise be due.

To make an election to pay annually, phone 13 72 26 and follow the verbal prompts. You will be required to provide some proof of identity, such as your tax file number (TFN) or an Australian business number (ABN).