Start Here  
Book your free
  • This field is for validation purposes and should be left unchanged.
Michael Pope Blog post by Michael Pope

PAYG Withholding Variation Option

In simplistic terms this means the ATO is happy to help you from a cash flow point of view in meeting your money needs throughout the course of the new financial year.

Michael Pope—Empower Wealth’s Money & Wealth Planner thinks it’s a real positive for investors.

“Most people opt to get a nice little bonus come tax return time, but effectively, getting this money in your hand earlier rather than waiting for a refund, mean we have options in how this money is used to assist with effective money management, like paying down non-deductable debt sooner. It’s just a smarter use of your money, than waiting for a lump sum at the end of each financial year”.

For more information about this option contact your Tax advisor or visit the ATO—

Categories: Money Management

Tags: ,

Connect with Empower Wealth:
Get in the know - Subscribe to our Newsletter