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KEY DATES - TAX RETURNS
The following is general information published by the ATO and is subject to change and/or your specific circumstances. We strongly recommend that you contact our office to confirm the applicable dates that may be relevant to your particular situation.
Individuals and Trusts
The lodgment end dates for individuals and trusts are detailed in the following table:
| LODGEMENT DATE | DESCRIPTION |
| 31 October | Tax return for individuals that do not lodge through a tax agent (e.g. lodged through e-tax) |
| Tax return for all individuals and trusts where one or more prior year tax returns were outstanding at 30 June | |
| Tax returns for clients prosecuted for non-lodgement of prior year tax returns and advised of a 31 October lodgement date | |
| 15 January | Large/medium trusts (annual total income over $ 10m last year lodged) where the trust was taxable last year lodged |
| 28 February | Large/medium trusts (annual total income over $ 10m last year lodged) where the trust was non-taxable last year lodged |
| New registrant large/medium trusts | |
| 31 March | Tax return for individuals and trusts that were level 6 last year lodged (last year tax return results in a tax liability over $ 20,000) |
| 15 May | Tax returns for all remaining individuals and trusts |
The payment dates for individual and trust income tax returns is as follows:
Individual and trust tax returns due 15 May:
- Lodged up to and including 12 February – the payment date is 21 March
- Lodged from 13 February to 12 March – the payment date is 21 April
- Lodged from 13 March – the payment date is 5 June
Individual and trust tax returns with a due date other than 15 May:
- If tax return is lodged on or before the due date, payment will be due the later of:
- 21 days after the relevant lodgement due date
- 21 days after the notice of assessment is deemed received (3 days after issue)
If tax return is lodged late – any tax is payable 21 days after the due date for lodgement
If tax return is not lodged and default assessment issued – tax is payable 21 days after lodgement due date
It is important to note that the above dates are a general guide only and is dependent upon factors such as the taxpayers lodgement history and the level payer level. We recommend that you contact our office directly to confirm your lodgement dates.
Further information can be found on the ATO website.
Partnerships
Completion and lodgment of partnership tax returns is required to enable sufficient time for the lodgment of the partners’ tax returns by their lodgment due date. Further information can be found on the ATO website.
Companies and super funds
The following table details lodgment and payment due dates for 30 June balancing companies and super funds:
| LODGEMENT DATE | PAYMENT DATE | DESCRIPTION |
| 31 October | 1 December | Entities with one or more prior year returns outstanding as at 30 June |
| Prosecuted for non-lodgement of prior year and advised 31 October | ||
| Entities that may be required to lodge early | ||
| 15 January | 1 December | Large/medium taxpayers whose prior year tax return was taxable |
| 28 February | 28 February | Large/medium taxpayers whose prior year tax return was non-taxable |
| New registrant large/medium taxpayers | ||
| New registrant SMSF | ||
| 31 March | 31 March | Entities with total income in the prior year of more than $ 2m |
| 15 May | 15 May | Entities that may not have an obligation to lodge |
| Non-profit organisations that assess they have a requirement to lodge | ||
| New registrations (excluding large/medium taxpayers and SMSF’s) | ||
| All remaining entities that are tax agent clients |
It is important to note that the above dates are a general guide only and is dependent upon factors such as the tax payers lodgement history. We recommend that you contact our office directly to confirm your lodgement dates. Further information can be found on the ATO website.
Large/medium taxpayers
Refer to the following link to determine if you are classified as a “large/medium taxpayer” – Taxpayer classification
Lodgement due dates are:
- 31 October – Where one or more prior year returns are outstanding as at 30 June (payment due date for companies and super funds is 1 December)
- 15 January – Taxable large/medium taxpayers in the prior year (company and super fund payment due date is 1 December)
- 28 February – Non-taxable large/medium taxpayers (in the prior year)
- 28 February – New registrant large/medium taxpayers (company and super fund payment if required is due 28 February).
It is important to note that the above dates are a general guide only and is dependent upon factors such as the tax payers lodgement history. We recommend that you contact our office directly to confirm your lodgement dates. Further information can be found on the ATO website.
KEY DATES – OTHER
The following is general information published by the ATO and is subject to change and/or your specific circumstances. We strongly recommend that you contact our office to confirm the applicable dates that may be relevant to your particular situation.
Activity Statements
The following outlines the due dates for all activity statements and the extension available if lodged by a tax agent or BAS agent.
| MONTHLY LODGEMENT | DUE DATE | AGENT CONCESSION |
| All quarters | 21st of the following month | n/a |
| QUARTERLY LODGEMENT | DUE DATE | AGENT CONCESSION |
| Quarter 1 (1 July – 30 September) | 28 October | 25 November |
| Quarter 2 (1 October – 31 December) | 28 February | 28 February |
| Quarter 3 (1 January – 31 March) | 28 April | 25 May |
| Quarter 4 (1 April – 30 June) | 28 July | 25 August |
Note – Astute Accountants is able to take advantage of the agent concession is available for activity statements which are lodged by Astute Accountants
Further information can be found on the ATO website.
Superannuation
Employers must pay super guarantee contributions for each eligible employee at least four times a year. Payments must be made by the quarterly cut-off dates:
| QUARTER | Period | Due date |
| 1 | 1 July – 30 September | 28 October |
| 2 | 1 October – 31 December | 28 January |
| 3 | 1 January – 31 March | 28 April |
| 4 | 1 April – 30 June | 28 July |
PAYG withholding payment summary annual report
The due date for lodgment of the annual report is worked out by:
Determining the class of payees the payer has included in the report
Whether there is registered tax agent or BAS agent involvement in the preparation of the report
| DUE DATE | DESCRIPTION |
| 14 August | Reports for:
· Large withholders (annual withholding over $ 1m) · Payers who do not have registered agent involvement in preparing report |
| 30 September | Payers with registered agent involvement in preparing report and have either:
· One or more arm’s length payees · Only closely held payees but did not meet the compliance test |
| Tax return due date | Payers (including PSI entities with tax-agent involvement) & the following apply:
· Have only closely held payees · Meet the compliance test and notify the ATO by 27 September |
It is important to note that the above dates are a general guide only and is dependent upon factors such as eligibility for the “closely held lodgement concession”. We recommend that you contact our office directly to confirm your lodgement dates.
Further information can be found on the ATO website
Taxable payments annual report
Businesses in the building and construction industry need to report the total payments they make to each contractor for building and construction services each year. These payments need to be reported to the ATO on the Taxable payments annual report. The due dates for lodgment of taxable payments annual report are:
- 21 July – If lodged directly by the tax payer
- 25 August – If lodged by a Tax agent or BAS agent
Further information can be found on the ATO website.
Fringe Benefits Tax Return
The due dates for lodgment of FBT returns are:
- 25 June – If the return is lodged electronically
- 21 May – If the return is lodged by paper
The statutory due date for lodgment and payment is 21 May.
Further information can be found on the ATO website.