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All Topics / General Property / ITWV-PAYG Incom Tax Withholding Variation
Hi,
Has anyone heard about ITWV application(monthly tax return instead of annually)???
Yes. The form is available off the ATO web site and if you want to take advantage of this option at the start of the new financial year then you need to fill out the ITWV form and get it back to the ATO before the end of May. I do it as a matter of course as the money is better in my pocket now rather than wait until I do my tax return after the end of the financial year- helps to cover holding costs.
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