Tax Tips

  PAYG INSTALMENT VARIATIONS

Taxpayers that continue to be affected by Covid-19 can vary their PAYG Instalments throughout the year if they believe they pay too much compared to their estimated tax for the year. Provided the taxpayer takes reasonable care to estimate their end of year tax, the ATO will not apply penalties on excessive variations for the 2021/22 income year.

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Tax Facts - Paid Parental Leave

The government-funded Paid Parental Leave scheme provides financial support for parents to take up to 18 weeks off work following the birth or adoption of a child, with pay at the National Minimum Wage. Dad and Partner Pay provides eligible working dads or partners with up to two weeks of pay at the National Minimum Wage.

Employers receive funds from the Department of Human Services and pay eligible employees in the same way they would normally pay salary or wages.