Businesses that are withholding more than $25,000 but less than $1 million are required to report PAYG withholding on a monthly basis. Similarly, businesses or individuals with business or investment income of $100 million or more are required to pay PAYG instalments monthly.

If the above requirements do not apply to you, but your PAYG withholding cycle is monthly, then a monthly IAS will be issued to you or your business. Ask our team of experts for more details!