Introduction to IAS - ATO

 Introduction to IAS

Instalment Activity Statement (IAS)

  1. IAS is a Form Lodge by Tax Payers who are not required to register GST

  2. 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