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KyBenno's avatar
KyBenno
2 years ago

PAYG Withholding payment

In the past I have done the PAYG Withholding payment through Pay Liabilitys & paid through our bank account.   But this year the PAYG Withholding is being lodged monthly through the ATO online serv...
Celia_B's avatar
Celia_B
MYOB Staff

Hi KyBenno,

 

Thank you for your post and welcome to the Community Forum. 

 

In this regard, if you are an individual taxpayer or sole trader, you can make a request to start PAYG installments using your myGov account linked to the ATO’s Online services. Select Tax, then Manage, then Enter PAYG installments. You can check out this Help Article: Recording your ATO payment or credit has detailed information that you can use as a reference.  

 

If you have questions or concerns, please feel free to post again. We are happy to assist you.  

 

If my response has answered your enquiry, please click "Accept as Solution" to assist other users find this information. 

 

Kind Regards,  

Cel

 

DuncanS's avatar
DuncanS
Ultimate Partner
2 years ago

KyBenno Celia_B 

 

Ky,

 

An Entity has 2 Accounts with the ATO.

 

  Integrated Client Account (ICA)    Income Tax Account (ITA)

 

If the ITA is in credit (a refund), the ATO may apply to the ICA.

 

I would do a Journal or a Receive Money to the ICA.
Seek assistance from your Tax Accountant.

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