[et_pb_section fb_built=”1″ custom_padding_last_edited=”off|desktop” _builder_version=”4.27.2″ custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false” custom_padding_phone=”0px||||false|false” da_disable_devices=”off|off|off” locked=”off” global_colors_info=”{}” da_is_popup=”off” da_exit_intent=”off” da_has_close=”on” da_alt_close=”off” da_dark_close=”off” da_not_modal=”on” da_is_singular=”off” da_with_loader=”off” da_has_shadow=”on”][et_pb_row column_structure=”1_3,2_3″ _builder_version=”4.27.2″ background_size=”initial” background_position=”top_left” background_repeat=”repeat” width=”100%” custom_margin=”0px||0px||false|false” custom_padding=”0px||0px||false|false” global_colors_info=”{}”][et_pb_column type=”1_3″ module_class=”table-contents” _builder_version=”4.23″ background_color=”#f3f2f6″ custom_padding=”25px||25px||true|false” sticky_position=”top” sticky_limit_bottom=”section” sticky_position_tablet=”top” sticky_position_phone=”none” sticky_position_last_edited=”on|desktop” pac_dcm_carousel_specific_module_num=”0″ border_radii=”on|24px|24px|24px|24px” global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text _builder_version=”4.23″ text_font=”||||||||” global_colors_info=”{}” background__hover_enabled=”on|desktop”][\/et_pb_text][\/et_pb_column][et_pb_column type=”2_3″ _builder_version=”4.16″ custom_padding=”|||” pac_dcm_carousel_specific_module_num=”0″ global_colors_info=”{}” custom_padding__hover=”|||”][et_pb_text admin_label=”Intro” _builder_version=”4.27.4″ header_2_font_size=”32px” custom_padding=”0px||0px||false|false” header_2_font_size_tablet=”30px” header_2_font_size_phone=”26px” header_2_font_size_last_edited=”on|tablet” global_colors_info=”{}”]<\/p>\n
An instalment activity statement \u2013 or IAS \u2013 is a tax reporting document that\u2019s issued by the Australian Taxation Office (ATO) for people (i.e. individuals) and businesses in Australia. It\u2019s a way to report and pay for certain tax obligations, including things like PAYG instalments, PAYG withholding and fringe benefits tax (FBT).<\/p>\n
While it may seem a little bit complicated at first, we\u2019ve got all the information to help break down IAS forms so you can stay compliant and avoid late fees or penalties from the ATO.<\/p>\n
Your instalment activity statement will come as a pre-printed document from the ATO, which makes it easy for any taxpayers who are required to report and pay taxes on a regular basis. Unlike your business activity statement (BAS), which encompasses a much wider range of taxes such as the Goods and Services Tax (GST) and PAYG withholding, the IAS is just about a few specific obligations like PAYG instalments, ABN withholding and FBT instalments.<\/p>\n
You\u2019ll need to manage IAS if you\u2019re an individual or business that:<\/p>\n
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[\/et_pb_text][et_pb_image src=”https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2025\/01\/IAS-Lodgers.png” title_text=”IAS Lodgers” align=”center” _builder_version=”4.27.4″ _module_preset=”default” custom_margin=”|-30px|||false|false” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n
The ATO decides who is responsible for lodging an IAS based on your circumstances as a taxpayer (or tax-paying business). This can include:<\/p>\n
An IAS form includes a few different fields for reporting the various types of taxes, with the major components being:<\/p>\n
Your PAYG instalments require you to pay portions of your expected tax liability on business and investment income throughout the year. The whole point of it is to reduce the burden of huge tax bills when lodging your annual tax return at EOFY.<\/p>\n
Employers and certain businesses need to withhold a portion of payments made to employees, contractors or suppliers who don\u2019t have a valid ABN, with this amount then being reported and paid via the IAS.<\/p>\n
If your business offers fringe benefits like car allowances or subsidised loans, you will most likely need to report and pay FBT instalments on the IAS.<\/p>\n
In some cases, an instalment activity statement can include extra reporting fields for taxes like ABN withholding or other types of income tax instalments.<\/p>\n
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[\/et_pb_text][et_pb_image src=”https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2025\/01\/IAS-Process-2-.png” title_text=”IAS Process 2″ admin_label=”Image” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” hover_enabled=”0″ global_colors_info=”{}” sticky_enabled=”0″]<\/p>\n
The Australian Taxation Office sends out pre-printed IAS forms<\/a> to all eligible taxpayers before the start of each reporting period, as there are different types of paperwork according to your circumstances. Many times these forms will include pre-filled instalment amounts to make your life easier.<\/p>\n As a taxpayer, you can lodge your IAS forms via:<\/p>\n IAS forms need to be lodged on time to avoid being stuck with late fees or other penalties. The due date will depend on whether the IAS is lodged monthly or quarterly. For example:<\/p>\n While both the instalment activity statement and BAS paperwork<\/a> are issued by the ATO, they serve different purposes.<\/p>\n For the IAS, its main focus is around PAYG instalments, PAYG withholding and FBT instalments. Non-GST registered businesses, medium withholders and specific entities are the main ones who use it, and they\u2019ll have to take care of it either monthly or quarterly.<\/p>\n On the other hand, BAS is a bit broader and involves GST, PAYG withholding, PAYG instalments and other taxes. It\u2019s for GST-registered businesses and is also managed either monthly or quarterly.<\/p>\n If you\u2019re unsure whether to lodge an IAS or BAS, contact the ATO directly or speak to a registered tax agent.<\/p>\n <\/p>\n [\/et_pb_text][et_pb_image src=”https:\/\/www.reckon.com\/au\/wp-content\/uploads\/2025\/01\/IAS-Tips-2.png” title_text=”IAS Tips 2″ admin_label=”Image” _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”][\/et_pb_image][et_pb_text _builder_version=”4.27.4″ _module_preset=”default” global_colors_info=”{}”]<\/p>\n Not necessarily. If all your tax obligations are included in your BAS, you might not receive an IAS. However, medium withholders will need to lodge IAS forms for PAYG withholding tax even if they lodge a quarterly BAS.<\/p>\n Yes. If your income has changed significantly, you can adjust your instalment amount to better line up with your expected tax liability. Just be cautious when varying these amounts, as underpaying could be detrimental at EOFY.<\/p>\n Late IAS lodgments can attract penalties or general interest charges from the ATO, so it\u2019s best to stay on top of things and submit all your paperwork ahead of time.<\/p>\n [\/et_pb_text][et_pb_text admin_label=”Related terms” _builder_version=”4.27.4″ header_2_font_size=”32px” header_2_font_size_tablet=”30px” header_2_font_size_phone=”26px” header_2_font_size_last_edited=”on|tablet” locked=”off” global_colors_info=”{}”]<\/p>\n See related terms<\/strong> <\/p>\n [\/et_pb_text][ba_social_share icon_bg=”#03002e” icon_padding=”10px|12px|10px|12px|true|true” layout=”classic” show_text=”off” btn_padding=”0px|0px|0px|0px|false|false” btn_bg_color=”RGBA(255,255,255,0)” _builder_version=”4.23″ _module_preset=”default” custom_margin=”50px||||false|false” custom_padding=”25px||||false|false” custom_css_before=” content: %22SHARE THIS%22;|| font-size: 16px;|| font-weight: 700;|| line-height: 22px;|| letter-spacing: 0em;|| text-align: center;|| color: #ff5447;|| margin-bottom: 10px;|| display: inline-flex;|| position: absolute;|| margin-top: 10px;” border_width_top_main=”1px” border_color_top_main=”#e4e4e4″ border_radii_icon=”on|5px|5px|5px|5px” global_colors_info=”{}” custom_css_before_last_edited=”off|desktop”][ba_social_share_child _builder_version=”4.23″ _module_preset=”default” global_colors_info=”{}”][\/ba_social_share_child][ba_social_share_child network_type=”facebook” _builder_version=”4.23″ _module_preset=”default” global_colors_info=”{}”][\/ba_social_share_child][ba_social_share_child network_type=”linkedin” _builder_version=”4.23″ _module_preset=”default” global_colors_info=”{}”][\/ba_social_share_child][ba_social_share_child network_type=”email” _builder_version=”4.23″ _module_preset=”default” global_colors_info=”{}”][\/ba_social_share_child][\/ba_social_share][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":" An instalment activity statement \u2013 or IAS \u2013 is a tax reporting document that\u2019s issued by the Australian Taxation Office (ATO) for people (i.e. individuals) and businesses in Australia. It\u2019s a way to report and pay for certain tax obligations, including things like PAYG instalments, PAYG withholding and fringe benefits tax (FBT). While it may […]<\/p>\n","protected":false},"author":35,"featured_media":0,"menu_order":0,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"class_list":["post-287817","glo","type-glo","status-publish","format-standard","hentry"],"yoast_head":"\n2. Lodgment options<\/h3>\n
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3. Lodgment deadlines<\/h3>\n
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IAS vs BAS: What\u2019s the difference?<\/h2>\n
4 tips for managing your instalment activity statement obligations<\/h2>\n
\n
Do I need to lodge an IAS if i\u2019m registered for GST?<\/h2>\n
Can I vary my PAYG instalments?<\/h2>\n
What happens if I miss the due date?<\/h2>\n
What is tax deductions?<\/a>
What is a ledger?<\/a>
What are trade creditors?<\/a><\/p>\n