Introduction to IAS
Instalment Activity Statement (IAS)
IAS is a Form Lodge by Tax Payers who are not required to register GST
IAS is a Form Lodge by Medium withholder Entities who prepare quarterly BAS but are required to remit their PAYG withholding Tax on a Monthly Basis
Type of IAS Form | Lodge by | Period |
IAS B | Those who have to pay PAYG Instalment Obligation alone | Quarterly |
IAS I | Those who have to pay PAYG Withholding Obligation alone | Monthly Quarterly Annually |
IAS J | Those who have to pay the following Quarterly Obligation PAYG Instalment PAYG Withholding Fringe Benefit Tax
| Quarterly |
IAS N | Those who have to Pay the Annual Obligation of PAYG Instalment | Annually |
The due date for paying and reporting the withheld amount depends on whether you are a small, medium or large withholder
Individual Business Company | Withholds Limit | Pays & Report Withholding amounts on |
Small Withholders
| Withholds $ 25,000 or Less for a year
| Quarterly wise |
Medium Withholder
| Withholds $25,000 to $1 million a year
| Monthly wise |
Large Withholder
| Withheld more than $1 Million in the Previous Financial Year | Twice a Week |
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