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What’s the difference between PAYG instalments and PAYG withholding? We’re often asked that very question by our clients. 👉 PAYG instalments are the payments paid in a quarterly rate during the year that an individual is required to make. These payments add to your yearly obligations for your business or you as an individual Australian. 👉 PAYG withholding is the system through which employers pay an employee’s or contractor’s income tax from their salary or wages. These payments are made on yo
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