Payment options
The payment methods available depend on the return frequency (daily or weekly). The total tax (ie: duty and any interest) payable for a return period will be recorded on your return period summary. This amount must be received at OSR by the due date specified in your notice of approval.
The following table shows the options available:
| Approved Frequency | Payment Options | Payment process | Things to note |
|---|---|---|---|
Weekly |
| Electronic | The information you need to transact with OSR is on the relevant periodic remittance slip |
Cheque | Cheques should be sent in the supplied prepaid envelopes. Cheques can also be sent to your local OSR office. | The relevant periodic remittance slip must be sent with your payment | |
Cash | If cash is part of your remittance it must be lodged in person at an OSR office. | The relevant periodic remittance slip must be lodged with your payment | |
Daily | Cash or cheque | All daily payments must be lodged in person at an OSR office. | The relevant periodic remittance slip must be lodged with your payment |
Do not send your return period summary to OSR with your payment.
If no tax is payable for a particular period, please do not send the remittance slip to OSR.
EDR approved clients are bound by the OSR cheque acceptance policy (Duties). If your client has given you an endorsed, personal or company cheque to pay their duty, please ensure you have read this policy prior to processing your matter on EDR.
If a cheque is dishonored, normal recovery procedures will be initiated. This may attract interest and penalties.
Note: Cheques made payable to OSR must not be banked by EDR approved clients.
