PAYG withholding variation

08 Jun 2015| Posted by: Geoff Baldwin

Under the Taxation Act, investors who earn and pay tax under the PAYE system may be able to reduce their weekly/fortnightly or monthly tax deductions rather than waiting until the end of the financial year for a refund cheque. This is a popular method of increasing affordability and freeing up cash for property investment. For more information you should speak to your tax accountant or click here to view the relevant ATO ruling: