Recording past income tax amounts and PAYG-I
Hi, My employer is a sole trader and has only recently lodged his tax returns for the years from 2019 onwards, which has created amounts owing to the ATO which he has now paid and has also now b...
Forum Discussion
Is the PAYG - I paid of part of the quarterly BAS or is a separate PAYG - Instalment notice received?
Please obtain instructions from your employer as to the accounting treatment that they/the Accountant require.
Duncan
Thanks Duncan, will do.
Regarding the PAYG-I, this is all on one notice of assessment as the final month in the quarter.
