Pay-as-you-go (PAYG) instalments are a simple way to prepay your income tax, usually on a quarterly basis. You can easily record these payments in Rounded so they’re included in your tax estimate.
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Please check with your accountant or the ATO for more information about PAYG instalments specific to your personal circumstances.
Click this LINK to learn more about PAYG instalments.
The Financial year section of the dashboard shows your tax estimate based on your income and expense data. PAYG payments can also be entered into Rounded and included in the tax payable estimate.
Steps to add your PAYG contribution:
Go to the Tax or Tax & BAS section.
Under PAYG Instalments, select Add PAYG.
Enter the payment amount and the date.
Click Record.
Remember to download the Rounded mobile app!