Self Serve or Let Us Help
A payment plan allows you to break down your payment into smaller amounts that are made via instalments and are spread over a fixed period of time. Within a payment plan, you pay back an agreed sum of money weekly, fortnightly or monthly until the balance is cleared.
Any tax credits and refunds you receive will be used to reduce your tax debt. This is called offsetting. It does not replace the required instalment payment.
General interest charge (GIC) will accrue until the debt is paid.
You can make additional voluntary payments or pay off the debt at any time.
You still need to lodge your activity statements and tax returns and pay any associated liabilities on time.
You can use the ATO's online payment plan estimator to calculate a payment plan you can afford. This tool also helps you work out how quickly you can pay off a tax debt and how much interest you’ll be charged. The longer you take to pay off your debt, the more interest you'll need to pay.
Individuals wishing to set up a payment plan for less than $100,000 can use ATO online services. To use online services, you need an active myGov account linked to the ATO. Alternatively you can phone the ATO's self-help service for individuals.
Businesses wishing to set up a payment plan for less than $100,000 can use ATO online services for business or phone the ATO automated service for business enquiries.
If you'd prefer us to negotiate the payment plan on your behalf, fill out your details below and we'll get it done.
Please note there is a cost of this service, which is outside the scope of any Agreed Price Service Plan you have with us, and this amount will be due as soon as the payment plan is established.
Haslam Consulting & Accounting acknowledges Traditional Owners of Country throughout Australia and recognises the continuing connection to lands, waters and communities.
We pay our respect to Aboriginal and Torres Strait Islander cultures; and to Elders past and present.
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