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Rental Properties – PAYG Variation – Section 221YD

East Maitland Accountant

Welcome to Bottrell Accountants & Tax, your rental property PAYG withholding variations expert. We understand the importance of cash flow for real estate investors and specialize in helping our clients obtain PAYG withholding variations, which allow them to receive their tax breaks each time they are paid, improving cash flow and making it more affordable to own investment properties.

Bottrell Rental Property Tax Experts – 93 Lawes St, East Maitland, NSW, 2323

Benefits of a PAYG withholding variation:

  • Cash flow: A downward PAYG withholding variation reduces the amount of PAYG tax withheld as it accounts for additional tax deductions, such as tax-deductible expenses and depreciation available from an investment property. This allows investors to receive more cash in their pocket regularly rather than waiting for their tax return every 12 months.
  • Building a property portfolio: This can be particularly beneficial for those who are looking to build a property portfolio, as it can help them to afford additional investment properties.
  • Claiming Depreciation: Additionally, claiming depreciation can further improve cash flow.
  • Tax Return: However, it is important to remember that a PAYG withholding variation, or Section 221YD, doesn’t replace a normal tax return, and investors will still need to visit an accountant at the end of the year to calculate the actual amount of tax.

Our Services:

At Bottrell Accountants & Tax, we provide expert assistance and guidance with the application and calculation of Section 221YD and other tax deductions, ensuring that you receive your tax breaks as soon as possible so that you can focus on growing your rental property portfolio.

We can meet with you Monday through Friday and offer Saturday appointments by request. Our office is at 93 Lawes St, East Maitland, and our phone number is 0249336888. You can also reach us via email at office@bottrellaccounting.com.au.

East Maitland Accounting Services include:

  • Taxation
    • Business Tax Return,
    • Company Tax Return Service,
    • Discretionary & Family Trust Tax Return,
    • Tax compliance services,
    • Tax preparation services,
    • Property Taxation,
    • Investment Tax,
    • BAS/IAS Preparation,
    • Fringe benefits tax,
    • Payroll tax,
    • Land tax,
    • Tax Advisory
    • Registered Tax Agent
    • Personal Tax – Preparation & Lodgement
    • Business Tax Agent – Preparation & Lodgement
  • Accounting, Taxation & Bookkeeping Advice
  • Business Structure & start-up advice
  • Financial Reporting: –
    • Accounting Services
    • Annual Financial Statements
    • Annual Tax Returns
    • Bookkeeping Services
    • Business Advisory
  • Bookkeeping Software
    • Xero and MYOB software solutions
    • Bookkeeping training, support, and hands-on assistance
    • Payroll support and advice
    • Accounts payable and receivable assistance
    • Cloud Accounting services for Xero & MYOB

Advice for all levels of Business

Contact Us:

  • Email: office@bottrellaccounting.com.au
  • Phone: 0249336888
  • Our office is at 93 Lawes St, East Maitland, NSW 2323.
  • Open – Monday to Friday, with Saturday meetings available by appointment.

Our Maitland Tax appointments are:-

  • In Person
  • Online (Zoom/Teams)
  • Mobile Tax Services
  • Onsite Services

Bottrell your local Maitland Accountants, Personal Tax Agents & Financial Planners.

Socials & Links

Links – Maitland Tax Service Pages

East Maitland Accounting Services 

East Maitland Taxation