Key Dates – January 2015

DateCategoryDescription
15 Jan 2015Income tax returnsDue date for all entities other than individuals, that were taxable large/medium entities in the latest year lodged, to lodge 2013/14 income tax returns.
The due date for companies and superannuation funds in this category to pay income tax was 1 Dec 2014.
The due date for trusts in this category to pay income tax is the date stated on their notice of assessment.
You cannot ‘self-assess’ a lodgment deferral from this date or assume a later date for lodgement on the basis that the taxpayer will be non-taxable in the current year.
15 Jan 2015Income tax returnsDue date for taxable head companies of consolidated groups (including new registrants), that have a member deemed to be a large/medium entity in the latest year lodged, to lodge 2013/14 income tax returns.
The due date for these entities to pay income tax was 1 Dec 2014.
21 Jan 2015Activity statementsDue date to lodge and pay monthly activity statements for December 2014 (*see below for extension granted to certain small businesses). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for December 2014.
  • PAYG withholding for December 2014 (medium withholders).
  • PAYG instalment for December 2014 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).

* Small business clients (up to $10 million turnover) who report GST monthly and lodge electronically are granted a one month extension for the December monthly BAS only. The due date is 21 Feb 2015.

21 Jan 2015Activity statementsDue date for head companies of consolidated groups to lodge and pay quarterly instalment activity statements for the December 2014 quarter.
28 Jan 2015SuperannuationDue date for employers to pay superannuation guarantee contributions for the December 2014 quarter.
Employers who fail to pay the minimum superannuation guarantee contributions by this date must pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly by 28 Feb 2015. The SGC is not tax deductible.
31 Jan 2015TFN/ABN reportingDue date for the following entities to lodge quarterly reports for the December 2014 quarter:

  • Investment bodies TFN/ABN reports for new TFN/ABN quotations by investors.
  • Closely held trusts TFN reports for TFNs quoted to a trustee by beneficiaries.

Key Dates – February 2015

DateCategoryDescription
21 Feb 2015Activity statementsDue date for small business clients (up to $10 million turnover) who report GST monthly and lodge electronically to lodge and pay monthly activity statements for December 2014. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for December 2014.
  • PAYG withholding for December 2014 (medium withholders).
  • PAYG instalment for December 2014 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).

* Note that these entities have two monthly activity statements due on the same day – December 2014 and January 2015.

21 Feb 2015Activity statementsDue date to lodge and pay monthly activity statements for January 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for January 2015.
  • PAYG withholding for January 2015 (medium withholders).
  • PAYG instalment for January 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).

* Note that the threshold for monthly PAYG instalments drops from $1 billion to $100 million from this month.

28 Feb 2015Income tax returnsDue date for all entities other than individuals, that were non-taxable large/medium entities in the latest year lodged, to lodge 2013/14 income tax returns.
The due date for companies and superannuation funds in this category to pay income tax (if required) is also 28 Feb 2015.
The due date for trusts in this category to pay income tax is the date stated on their notice of assessment.
28 Feb 2015Income tax returnsDue date for all entities other than individuals, that are new registrant taxable or non-taxable large/medium entities, to lodge 2013/14 income tax returns.
The due date for companies and superannuation funds in this category to pay income tax (if required) is also 28 Feb 2015.
The due date for trusts in this category to pay income tax is the date stated on their notice of assessment.
28 Feb 2015Income tax returnsDue date for the following entities associated with consolidated groups to lodge 2013/14 income tax returns:

  • Non-taxable head companies (including new registrants) of consolidated groups that have a member deemed to be a large/medium entity in the latest year lodged.
  • Any former members of consolidated groups that exited the group during the year of income.
  • New registrant (taxable and non-taxable) head companies of consolidated groups.
28 Feb 2015Income tax returnsDue date for new registrant (taxable or non-taxable) self-managed superannuation funds (SMSFs) to lodge 2013/14 SMSF annual returns and pay income tax.
There are special arrangements for newly registered SMSFs that do not have to lodge a return.
28 Feb 2015Activity statementsDue date to lodge and pay quarterly activity statements for the December 2014 quarter (whether lodged on paper or electronically). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the December 2014 quarter.
  • PAYG withholding:
    • for December 2014 (medium withholders).
    • for the December 2014 quarter (small withholders).
  • PAYG instalment for the December 2014 quarter for quarterly PAYG instalment payers (2nd quarter of the 2014/15 income year).
  • FBT instalment for the December 2014 quarter (3rd quarter of the 2015 FBT year).
28 Feb 2015GST Due date for entities who pay or report GST annually, who do not have an income tax return obligation, to lodge the Annual GST return or Annual GST information report for the year ended 30 June 2014.
The due date for entities that do have an income tax return obligation is the due date of the income tax return.
28 Feb 2015PAYG instalments
GST instalments
Due date to pay quarterly PAYG and/or GST instalment notice for the December 2014 quarter (2nd quarter of the 2014/15 income year).
Due date to lodge the instalment notice if varying the instalment amount.
28 Feb 2015Superannuation Due date for employers who failed to pay the minimum superannuation guarantee contributions by 28 Jan 2015 to pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly. The SGC is not tax deductible.

Key Dates – March 2015

DateCategoryDescription
21 Mar 2015Activity statementsDue date to lodge and pay monthly activity statements for February 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for February 2015.
  • PAYG withholding for February 2015 (medium withholders).
  • PAYG instalment for February 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).
31 Mar 2015Income tax returnsDue date, unless due earlier, for companies and super funds with total income in excess of $2 million in the latest year lodged (excluding large/medium entities).to lodge 2013/14 income tax returns and pay income tax.
31 Mar 2015Income tax returnsDue date, unless due earlier, for head companies of consolidated groups without a member deemed to be a large/medium entity in the latest year lodged, but with a member that had total income in excess of $2 million in the latest year lodged, to lodge 2013/14 income tax returns and pay income tax.
31 Mar 2015Income tax returnsDue date for individuals and trusts that were tax level 6 in the latest year lodged, excluding trusts that are large/medium entities, to lodge 2013/14 income tax returns.
The due date for entities in this category to pay income tax is the date stated on their notice of assessment.

Key Dates – April 2015

DateCategoryDescription
21 Apr 2015Activity statementsDue date for entities that are not “deferred BAS payers” to lodge and pay monthly activity statements for March 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for March 2015.
  • PAYG withholding:
    • for March 2015 (medium withholders).
    • for the March 2015 quarter (small withholders).
  • PAYG instalment:
    • for March 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).
    • for the March 2015 quarter for quarterly PAYG instalment payers (3rd quarter of the 2014/15 income year).
  • FBT instalment for the March 2015 quarter (4th quarter of the 2015 FBT year).

An entity is generally a “deferred BAS payer” for a particular month, if the entity is a small or medium withholder (total annual PAYG withholding $1m or less), is not required to pay GST monthly, and has a quarterly tax obligation due that month (e.g. FBT instalment or GST). The quarterly activity statement due date applies to these entities (28 Apr 2015, or 26 May 2015 if lodged electronically through an agent).

21 Apr 2015Activity statementsDue date for head companies of consolidated groups to lodge and pay quarterly instalment activity statements for the March 2015 quarter.
28 Apr 2015Activity statementsDue date to lodge and pay quarterly activity statements for the March 2015 quarter (if lodged on paper). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the March 2015 quarter.
  • PAYG withholding:
    • for March 2015 (medium withholders).
    • for the March 2015 quarter (small withholders).
  • PAYG instalment for the March 2015 quarter for quarterly PAYG instalment payers (3rd quarter of the 2014/15 income year).
  • FBT instalment for the March 2015 quarter (4th quarter of the 2015 FBT year).

The due date to lodge and pay is 26 May 2015 if lodged electronically through a tax agent or BAS agent.

28 Apr 2015PAYG instalments
GST instalments
Due date to pay quarterly PAYG and/or GST instalment notice for the March 2015 quarter (3rd quarter of the 2014/15 income year).
Due date to lodge the instalment notice if varying the instalment amount.
28 Apr 2015Superannuation Due date for employers to pay superannuation guarantee contributions for the March 2015 quarter.
Employers who fail to pay the minimum superannuation guarantee contributions by this date must pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly by 28 May 2015. The SGC is not tax deductible.
30 Apr 2015Franking account tax returnDue date for New Zealand franking companies with a 31 March 2015 year end to lodge the franking account tax return, where any of the following apply:

  • a liability for franking deficit tax
  • a liability for over-franking tax, or
  • an obligation to notify the Commissioner of any significant variation in their benchmark franking percentage between franking periods.

New Zealand franking companies should lodge using the Franking account tax return 2014 form with the dates changed.

30 Apr 2015SuperannuationDue date for APRA-regulated superannuation funds (i.e. not self-managed) and RSA providers to lodge the Lost members statement for the half-year ended 31 December 2014.
30 Apr 2015TFN/ABN reporting Due date for the following entities to lodge quarterly reports for the March 2015 quarter:

  • Investment bodies TFN/ABN reports for new TFN/ABN quotations by investors.
  • Closely held trusts TFN reports for TFNs quoted to a trustee by beneficiaries.

Key Dates – May 2015

DateCategoryDescription
15 May 2015Income tax returnsDue date for all entities that did not have to lodge earlier (including all remaining consolidated groups), that are not eligible for the 5 Jun 2015 concession, to lodge 2013/14 income tax returns.
The due date for companies and superannuation funds in this category to pay income tax is also 15 May 2015.
The due date for individuals and trusts in this category to pay income tax is the date stated on their notice of assessment.
21 May 2015Tax agentsFinal date for new clients to appoint a tax agent for a fringe benefits tax role for the FBT year ended 31 March 2015. Appointments after this date may not qualify for concessional due dates for returns lodged by tax agents.
21 May 2015Activity statementsDue date to lodge and pay monthly activity statements for April 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for April 2015.
  • PAYG withholding for April 2015 (medium withholders).
  • PAYG instalment for April 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).
26 May 2015Activity statementsDue date to lodge and pay quarterly activity statements for the March 2015 quarter (if lodged electronically through a tax agent or BAS agent). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the March 2015 quarter.
  • PAYG withholding:
    • for March 2015 (medium withholders).
    • for the March 2015 quarter (small withholders).
  • PAYG instalment for the March 2015 quarter for quarterly PAYG instalment payers (3rd quarter of the 2014/15 income year).
  • FBT instalment for the March 2015 quarter (4th quarter of the 2015 FBT year).

The due date to lodge and pay is 28 Apr 2015 if lodged on paper.

28 May 2015FBT returnsDue date to lodge fringe benefits tax returns for the FBT year ended 31 March 2015 (if lodged on paper) and pay fringe benefits tax (if required).
The due date to lodge and pay is 25 Jun 2015 if lodged electronically through a tax agent.
28 May 2015SuperannuationDue date for employers who failed to pay the minimum superannuation guarantee contributions by 28 Apr 2015 to pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly. The SGC is not tax deductible.

Key Dates – June 2015

DateCategoryDescription
5 June 2015Income tax returnsDue date for all entities otherwise required to lodge on 15 May 2015 (excluding large/medium entities and head companies of consolidated groups) to lodge 2013/14 income tax returns, where both of the following criteria are met:
  • non-taxable or refund for the latest year lodged, and
  • non-taxable or refund for 2013/14.

5 June 2015
Income tax returns Due date for individuals and trusts otherwise required to lodge on 15 May 2015 to lodge 2013/14 income tax returns, provided they also pay any liability due by this date.

* Note that this is not a lodgement end date, but a concessional arrangement where you will not have to pay failure to lodge on time (FTL) penalties if you lodge and pay by this date. 21 June 2015Activity statements

Due date to lodge and pay monthly activity statements for May 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for May 2015.
  • PAYG withholding for May 2015 (medium withholders).
  • PAYG instalment for May 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).

25 June 2015
FBT returns
Due date to lodge fringe benefits tax returns for the FBT year ended 31 March 2015 (if lodged electronically through a tax agent).
The due date to lodge is 28 May 2015 if lodged on paper.
The due date to pay fringe benefits tax (if required) is 28 May 2015 in all cases. 30 June 2015End of financial yearSuperannuation guarantee contributions must be paid by this date to qualify for an income tax deduction in the 2014/15 income year.

 

Key Dates – July 2015

DateCategoryDescription
14 Jul 2015PAYG withholdingDue date for payers to issue the following types of PAYG withholding payment summaries to payees (includes employees and recipients of certain other payments):

  • PAYG payment summary – individual non-business for employees, company directors and office holders who received salary, wages, pension payments, compensation, allowances or reportable fringe benefits.
  • PAYG payment summary – foreign employment for employees, company directors and office holders who received income from foreign employment, or for work in the Joint Petroleum Development Area.
  • PAYG payment summary – business and personal services income for non-employees who have made a voluntary agreement to withhold tax, or were employed under a labour hire arrangement, or received certain specified payments, or earned personal services income through a separate entity.
  • PAYG payment summary – superannuation income stream for payees who received an income stream benefit (a pension or annuity) from a superannuation fund, approved deposit fund or life insurance company.

Payment summaries for various other types of payments subject to PAYG withholding must be issued within a short period after the payment is made.

14 Jul 2015Employee share schemesDue date for providers of interests in employee share schemes (ESS interests) to provide Employee share scheme statements to employees.
21 Jul 2015Activity statementsDue date for entities that are not “deferred BAS payers” to lodge and pay monthly activity statements for June 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for June 2015.
  • PAYG withholding:
    • for June 2015 (medium withholders).
    • for the June 2015 quarter (small withholders).
    • for the year ended 30 June 2015, from employee share schemes amounts where the employee did not quote a TFN or ABN.
    • for the year ended 30 June 2015 by investment bodies, from accrued gains on deferred interest securities where the investor did not quote a TFN.
  • PAYG instalment:
    • for June 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).
    • for the June 2015 quarter for quarterly PAYG instalment payers (4th quarter of the 2014/15 income year).
  • FBT instalment for the June 2015 quarter (1st quarter of the 2016 FBT year).

An entity is generally a “deferred BAS payer” for a particular month, if the entity is a small or medium withholder (total annual PAYG withholding $1m or less), is not required to pay GST monthly, and has a quarterly tax obligation due that month (e.g. FBT instalment or GST). The quarterly activity statement due date applies (28 Jul 2015, or 25 Aug 2015 if lodged electronically through an agent).

21 Jul 2015Activity statementsDue date for head companies of consolidated groups to lodge and pay quarterly instalment activity statements for the June 2015 quarter.
21 Jul 2015Taxable payments reportingDue date for businesses in the building and construction industry to lodge the Taxable payments annual report with details of payments to contractors during the year ended 30 June 2015, or TPAR nil report if no payments were made.
28 Jul 2015Activity statementsDue date to lodge and pay quarterly activity statements for the June 2015 quarter (if lodged on paper). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the June 2015 quarter.
  • PAYG withholding:
    • for June 2015 (medium withholders).
    • for the June 2015 quarter (small withholders).
    • for the year ended 30 June 2015, from employee share schemes amounts where the employee did not quote a TFN or ABN.
    • for the year ended 30 June 2015 by investment bodies, from accrued gains on deferred interest securities where the investor did not quote a TFN.
  • PAYG instalment for the June 2015 quarter for quarterly PAYG instalment payers (4th quarter of the 2014/15 income year).
  • FBT instalment for the June 2015 quarter (1st quarter of the 2016 FBT year).

The due date to lodge and pay is 25 Aug 2015 if lodged electronically through a tax agent or BAS agent.

28 Jul 2015PAYG instalments
GST instalments
Due date to pay quarterly PAYG and/or GST instalment notice for the June 2015 quarter (4th quarter of the 2014/15 income year).
Also due date to lodge the instalment notice if varying the instalment amount. If you have already lodged your income tax return, you should not vary your June quarter PAYG instalment.
28 Jul 2015SuperannuationDue date for employers to pay superannuation guarantee contributions for the June 2015 quarter.
Employers who fail to pay the minimum superannuation guarantee contributions by this date must pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly by 28 Aug 2015. The SGC is not tax deductible.
31 July 2015TFN/ABN reportingDue date for the following entities to lodge quarterly reports for the June 2015 quarter:

  • Investment bodies TFN/ABN reports for new TFN/ABN quotations by investors.
  • Closely held trusts TFN reports for TFNs quoted to a trustee by beneficiaries.
31 July 2015Franking account tax returnDue date for June balancing companies (including New Zealand franking companies) to lodge the Franking account tax return 2015, where any of the following apply:

  • a liability for franking deficit tax
  • a liability for over-franking tax, or
  • an obligation to notify the Commissioner of any significant variation in their benchmark franking percentage between franking periods.

New Zealand franking companies are often “early balancing” companies with a 31 March year end. If those companies have any of the above obligations for the year ended 31 March 2016, they should lodge using the 2015 form by 30 Apr 2016.

Key Dates – August 2015

DateCategoryDescription
14 Aug 2015PAYG withholdingDue date for the following entities to lodge the PAYG payment summary statement for the year ended 30 June 2015:

  • large withholders (total annual PAYG withholding more than $1m).
  • small and medium withholders who don’t have a tax agent or BAS agent involved in preparing the report.

Types of payment summaries that may need to be reported include:

  • PAYG payment summary – individual non-business.
  • PAYG payment summary – foreign employment.
  • PAYG payment summary – business and personal services income.
  • PAYG payment summary – superannuation income stream.
  • PAYG payment summary – superannuation lump sum.
  • PAYG payment summary – employment termination payment.

Small and medium withholders who use a tax agent or BAS agent to prepare this report can lodge by 30 Sep 2015 (if payees include unrelated persons) or the due date of their tax return (if closely held payees only).

14 Aug 2015Superannuation Due date for superannuation funds and retirement savings account (RSA) providers to report Departing Australia superannuation payments (DASPs) made during the year ended 30 June 2015, if the payers are also required to lodge the PAYG payment summary statement as noted above.
Superannuation funds and RSA providers that are not required to lodge the PAYG payment summary statement must report DASPs in a separate annual report by 31 Oct 2015.
14 Aug 2015Employee share schemesDue date for providers of interests in employee share schemes (ESS interests) to lodge the Employee share scheme (ESS) annual report for the year ended 30 June 2015.
21 Aug 2015Activity statementsDue date to lodge and pay monthly activity statements for July 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for July 2015.
  • PAYG withholding for July 2015 (medium withholders).
  • PAYG instalment for July 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).
25 Aug 2015Activity statementsDue date to lodge and pay quarterly activity statements for the June 2015 quarter (if lodged electronically through a tax agent or BAS agent). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the June 2015 quarter.
  • PAYG withholding:
    • for June 2015 (medium withholders).
    • for the June 2015 quarter (small withholders).
    • for the year ended 30 June 2015, from employee share schemes amounts where the employee did not quote a TFN or ABN.
    • for the year ended 30 June 2015 by investment bodies, from accrued gains on deferred interest securities where the investor did not quote a TFN.
  • PAYG instalment for the June 2015 quarter for quarterly PAYG instalment payers (4th quarter of the 2014/15 income year).
  • FBT instalment for the June 2015 quarter (1st quarter of the 2016 FBT year).

The due date to lodge and pay is 28 Jul 2015 if lodged on paper.

28 Aug 2015Superannuation Due date for employers who failed to pay the minimum superannuation guarantee contributions by 28 Jul 2015 to pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly. The SGC is not tax deductible.

Key Dates – September 2015

DateCategoryDescription
21 Sep 2015Activity statementsDue date to lodge and pay monthly activity statements for August 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for August 2015.
  • PAYG withholding for August 2015 (medium withholders).
  • PAYG instalment for August 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).
30 Sep 2015PAYG withholdingDue date for small and medium withholders (total annual PAYG withholding $1m or less) to lodge the PAYG payment summary statement for the year ended 30 June 2015, if they use a tax agent or BAS agent to prepare the report and payees include unrelated persons.

Types of payment summaries that may need to be reported include:

  • PAYG payment summary – individual non-business.
  • PAYG payment summary – foreign employment.
  • PAYG payment summary – business and personal services income.
  • PAYG payment summary – superannuation income stream.
  • PAYG payment summary – superannuation lump sum.
  • PAYG payment summary – employment termination payment.

Small and medium withholders who use a tax agent to prepare this report can lodge by the due date of their tax return, if they have closely held payees only.

30 Sep 2015TFN reportingDue date for trustees of closely held trusts to lodge the Annual TFN withholding report for the year ended 30 June 2015 if amounts have been withheld from payments to beneficiaries.

Key Dates – October 2015

DateCategoryDescription
21 Oct 2015Activity statementsDue date for entities that are not “deferred BAS payers” to lodge and pay monthly activity statements for September 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for September 2015.
  • PAYG withholding:
    • for September 2015 (medium withholders).
    • for the September 2015 quarter (small withholders).
  • PAYG instalment:
    • for September 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).
    • for the September 2015 quarter for quarterly PAYG instalment payers (1st quarter of the 2015/16 income year).
  • FBT instalment for the September 2015 quarter (2nd quarter of the 2016 FBT year).

An entity is generally a “deferred BAS payer” for a particular month, if the entity is a small or medium withholder (total annual PAYG withholding $1m or less), is not required to pay GST monthly, and has a quarterly tax obligation due that month (e.g. FBT instalment or GST). The quarterly activity statement due date applies to these entities (28 Oct 2015, or 25 Nov 2015 if lodged electronically through an agent).

21 Oct 2015Activity statementsDue date for head companies of consolidated groups to lodge and pay quarterly instalment activity statements for the September 2015 quarter.
21 Oct 2015PAYG instalmentsDue date to pay annual PAYG instalment notice for the year ended 30 June 2015.
Due date to lodge the instalment notice if varying the instalment amount or using the rate method to calculate the instalment. If you have already lodged your income tax return, you should not vary your annual PAYG instalment.
28 Oct 2015Activity statementsDue date to lodge and pay quarterly activity statements for the September 2015 quarter (if lodged on paper). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the September 2015 quarter.
  • PAYG withholding:
    • for September 2015 (medium withholders).
    • for the September 2015 quarter (small withholders).
  • PAYG instalment for the September 2015 quarter for quarterly PAYG instalment payers (1st quarter of the 2015/16 income year).
  • FBT instalment for the September 2015 quarter (2nd quarter of the 2015 FBT year).

The due date to lodge and pay is 25 Nov 2015 if lodged electronically through a tax agent or BAS agent.

28 Oct 2015GSTFinal date to change GST payment option for 2015/16 (from actual to instalments, or vice versa).
Final date for eligible quarterly GST payers to elect to report GST annually for 2015/16.
28 Oct 2015PAYG instalments
GST instalments
Due date to pay quarterly PAYG and/or GST instalment notice for the September 2015 quarter (1st quarter of the 2015/16 income year).
Due date to lodge the instalment notice if varying the instalment amount.
28 Oct 2015PAYG instalmentsFinal date to change PAYG instalment option for 2015/16 (from rate method to GDP-adjusted instalment, or vice versa).
Final date for eligible quarterly PAYG instalment payers to elect to pay an annual PAYG instalment for 2015/16.
28 Oct 2015TFN reporting /
Activity statements
Due date for trustees of closely held trusts to lodge and pay annual activity statements for the year ended 30 June 2015, for amounts withheld from payments to beneficiaries.
28 Oct 2015Superannuation Due date for employers to pay superannuation guarantee contributions for the September 2015 quarter.
Employers who fail to pay the minimum superannuation guarantee contributions by this date must pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly by 28 Nov 2015. The SGC is not tax deductible.
31 Oct 2015Tax agentsFinal date for new clients to appoint a tax agent for the year ended 30 June 2015. Appointments after this date may not qualify for concessional due dates for returns lodged by tax agents.
31 Oct 2015Income tax returnsDue date to lodge 2014/15 individual, partnership and trust income tax returns. Concessional due dates apply to returns lodged by tax agents.
31 Oct 2015Income tax returnsDue date for all entities with one or more prior year returns outstanding to lodge 2014/15 income tax returns.
If all outstanding prior year returns are lodged by this date, concessional due dates for 2014/15 returns lodged by tax agents will apply.
31 Oct 2015GSTDue date for entities who pay or report GST annually, and who are required to lodge income tax returns by 31 October, to lodge the Annual GST return or Annual GST information report for the year ended 30 June 2015.
31 Oct 2015PAYG withholdingDue date for entities subject to PAYG withholding to lodge the following annual reports for the year ended 30 June 2015:

  • PAYG withholding where ABN not quoted – annual report.
  • PAYG withholding from interest, dividend and royalty payments paid to non-residents – annual report.
  • PAYG withholding annual report – payments to foreign residents.
  • PAYG withholding annual report – natural resource payments to foreign residents (to be lodged as a letter).
31 Oct 2015Superannuation Due date for APRA-regulated superannuation funds (i.e. not self-managed) and RSA providers to lodge Super member contributions statements for the year ended 30 June 2015.
31 Oct 2015SuperannuationDue date for superannuation funds and retirement savings account (RSA) providers to report Departing Australia superannuation payments (DASPs) made during the year ended 30 June 2015, if the payers were not required to lodge the PAYG payment summary statement for the year.
31 Oct 2015SuperannuationDue date for APRA-regulated superannuation funds (i.e. not self-managed) and RSA providers to lodge the Lost members statement for the half-year ended 30 June 2015.
31 Oct 2015TFN/ABN reportingDue date for the following entities to lodge quarterly reports for the September 2015 quarter:

  • Investment bodies TFN/ABN reports for new TFN/ABN quotations by investors.
  • Closely held trusts TFN reports for TFNs quoted to a trustee by beneficiaries.
31 Oct 2015Annual investment income reportingDue date for the following entities to lodge the Annual investment income report (AIIR) for the year ended 30 June 2015:

  • Investment bodies with 10 or more investments accepted.
  • Investment bodies with less than 10 investments accepted, where TFN withholding has occurred.

If there is no requirement to lodge the AIIR, investment bodies that are companies may still be required to lodge a Dividend and interest schedule with their 2013/14 income tax returns.

Key Dates – November 2015

DateCategoryDescription
21 Nov 2015Activity statementsDue date to lodge and pay monthly activity statements for October 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for October 2015.
  • PAYG withholding for October 2015 (medium withholders).
  • PAYG instalment for October 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).
25 Nov 2015Due date to lodge and pay quarterly activity statements for the September 2015 quarter (if lodged electronically through a tax agent or BAS agent). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the September 2015 quarter.
  • PAYG withholding:
    • for September 2015 (medium withholders).
    • for the September 2015 quarter (small withholders).
  • PAYG instalment for the September 2015 quarter for quarterly PAYG instalment payers (1st quarter of the 2015/16 income year).
  • FBT instalment for the September 2015 quarter (2nd quarter of the 2016 FBT year).

The due date to lodge and pay is 28 Oct 2015 if lodged on paper.

28 Nov 2015Superannuation Due date for employers who failed to pay the minimum superannuation guarantee contributions by 28 Oct 2015 to pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly. The SGC is not tax deductible.

Key Dates – December 2015

DateCategoryDescription
01 Dec 2015Income taxDue date for companies and superannuation funds, that were taxable large/medium entities in the immediate prior year, to pay income tax for the year ended 30 June 2015.
The due date for these entities to lodge 2014/15 income tax returns is 15 Jan 2016.
01 Dec 2015Income taxDue date for taxable head companies of consolidated groups (including new registrants), that have a member deemed to be a large/medium entity in the immediate prior year, to pay income tax for the year ended 30 June 2015.
The due date for these entities to lodge 2014/15 income tax returns is 15 Jan 2016.
01 Dec 2015Income taxDue date for companies and superannuation funds, that were required to lodge income tax returns on 31 Oct 2015, to pay income tax for the year ended 30 June 2015.
21 Dec 2015Activity statementsDue date to lodge and pay monthly activity statements for November 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for November 2015.
  • PAYG withholding for November 2015 (medium withholders).
  • PAYG instalment for November 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).

Key Dates – January 2016

DateCategoryDescription
15 Jan 2016Income tax returnsDue date for all entities other than individuals, that were taxable large/medium entities in the latest year lodged, to lodge 2014/15 income tax returns.
The due date for companies and superannuation funds in this category to pay income tax was 1 Dec 2015.
The due date for trusts in this category to pay income tax is the date stated on their notice of assessment.
You cannot ‘self-assess’ a lodgment deferral from this date or assume a later date for lodgement on the basis that the taxpayer will be non-taxable in the current year.
15 Jan 2016Income tax returnsDue date for taxable head companies of consolidated groups (including new registrants), that have a member deemed to be a large/medium entity in the latest year lodged, to lodge 2014/15 income tax returns.
The due date for these entities to pay income tax was 1 Dec 2015.
21 Jan 2016Activity statementsDue date to lodge and pay monthly activity statements for December 2015 (*see below for extension granted to certain small businesses). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for December 2015.
  • PAYG withholding for December 2015 (medium withholders).
  • PAYG instalment for December 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).

* Small business clients (up to $10 million turnover) who report GST monthly and lodge electronically are granted a one month extension for the December monthly BAS only. The due date is 21 Feb 2016.

21 Jan 2016Activity statementsDue date for head companies of consolidated groups to lodge and pay quarterly instalment activity statements for the December 2015 quarter.
28 Jan 2016SuperannuationDue date for employers to pay superannuation guarantee contributions for the December 2015 quarter.
Employers who fail to pay the minimum superannuation guarantee contributions by this date must pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly by 28 Feb 2016. The SGC is not tax deductible.
31 Jan 2016TFN/ABN reportingDue date for the following entities to lodge quarterly reports for the December 2015 quarter:

  • Investment bodies TFN/ABN reports for new TFN/ABN quotations by investors.
  • Closely held trusts TFN reports for TFNs quoted to a trustee by beneficiaries.

Key Dates – February 2016

DateCategoryDescription
21 Feb 2016Activity statementsDue date for small business clients (up to $10 million turnover) who report GST monthly and lodge electronically to lodge and pay monthly activity statements for December 2015. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for December 2015.
  • PAYG withholding for December 2015 (medium withholders).
  • PAYG instalment for December 2015 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).

* Note that these entities have two monthly activity statements due on the same day – December 2015 and January 2016.

21 Feb 2016Activity statementsDue date to lodge and pay monthly activity statements for January 2016. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for January 2016.
  • PAYG withholding for January 2016 (medium withholders).
  • PAYG instalment for January 2016 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).

* Note that the threshold for monthly PAYG instalments drops from $1 billion to $100 million from this month.

28 Feb 2016Income tax returnsDue date for all entities other than individuals, that were non-taxable large/medium entities in the latest year lodged, to lodge 2014/15 income tax returns.
The due date for companies and superannuation funds in this category to pay income tax (if required) is also 28 Feb 2016.
The due date for trusts in this category to pay income tax is the date stated on their notice of assessment.
28 Feb 2016Income tax returnsDue date for all entities other than individuals, that are new registrant taxable or non-taxable large/medium entities, to lodge 2014/15 income tax returns.
The due date for companies and superannuation funds in this category to pay income tax (if required) is also 28 Feb 2016.
The due date for trusts in this category to pay income tax is the date stated on their notice of assessment.
28 Feb 2016Income tax returnsDue date for the following entities associated with consolidated groups to lodge 2014/15 income tax returns:

  • Non-taxable head companies (including new registrants) of consolidated groups that have a member deemed to be a large/medium entity in the latest year lodged.
  • Any former members of consolidated groups that exited the group during the year of income.
  • New registrant (taxable and non-taxable) head companies of consolidated groups.
28 Feb 2016Income tax returnsDue date for new registrant (taxable or non-taxable) self-managed superannuation funds (SMSFs) to lodge 2014/15 SMSF annual returns and pay income tax.
There are special arrangements for newly registered SMSFs that do not have to lodge a return.
28 Feb 2016Activity statementsDue date to lodge and pay quarterly activity statements for the December 2015 quarter (whether lodged on paper or electronically). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the December 2015 quarter.
  • PAYG withholding:
    • for December 2015 (medium withholders).
    • for the December 2015 quarter (small withholders).
  • PAYG instalment for the December 2015 quarter for quarterly PAYG instalment payers (2nd quarter of the 2015/16 income year).
  • FBT instalment for the December 2015 quarter (3rd quarter of the 2016 FBT year).
28 Feb 2016GST Due date for entities who pay or report GST annually, who do not have an income tax return obligation, to lodge the Annual GST return or Annual GST information report for the year ended 30 June 2015.
The due date for entities that do have an income tax return obligation is the due date of the income tax return.
28 Feb 2016PAYG instalments
GST instalments
Due date to pay quarterly PAYG and/or GST instalment notice for the December 2015 quarter (2nd quarter of the 2015/16 income year).
Due date to lodge the instalment notice if varying the instalment amount.
28 Feb 2016Superannuation Due date for employers who failed to pay the minimum superannuation guarantee contributions by 28 Jan 2016 to pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly. The SGC is not tax deductible.

Key Dates – March 2016

DateCategoryDescription
21 Mar 2016Activity statementsDue date to lodge and pay monthly activity statements for February 2016. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for February 2016.
  • PAYG withholding for February 2016 (medium withholders).
  • PAYG instalment for February 2016 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).
31 Mar 2016Income tax returnsDue date, unless due earlier, for companies and super funds with total income in excess of $2 million in the latest year lodged (excluding large/medium entities).to lodge 2014/15 income tax returns and pay income tax.
31 Mar 2016Income tax returnsDue date, unless due earlier, for head companies of consolidated groups without a member deemed to be a large/medium entity in the latest year lodged, but with a member that had total income in excess of $2 million in the latest year lodged, to lodge 2014/15 income tax returns and pay income tax.
31 Mar 2016Income tax returnsDue date for individuals and trusts whose latest return resulted in a tax liability of $20,000 or more (level 6), excluding trusts that are large/medium entities, to lodge 2014/15 income tax returns.
The due date for entities in this category to pay income tax is the date stated on their notice of assessment.

Key Dates – April 2016

DateCategoryDescription
21 Apr 2016Activity statementsDue date for entities that are not “deferred BAS payers” to lodge and pay monthly activity statements for March 2016. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for March 2016.
  • PAYG withholding:
    • for March 2016 (medium withholders).
    • for the March 2016 quarter (small withholders).
  • PAYG instalment:
    • for March 2016 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).
    • for the March 2016 quarter for quarterly PAYG instalment payers (3rd quarter of the 2015/16 income year).
  • FBT instalment for the March 2016 quarter (4th quarter of the 2016 FBT year).

An entity is generally a “deferred BAS payer” for a particular month, if the entity is a small or medium withholder (total annual PAYG withholding $1m or less), is not required to pay GST monthly, and has a quarterly tax obligation due that month (e.g. FBT instalment or GST). The quarterly activity statement due date applies to these entities (28 Apr 2016, or 26 May 2016 if lodged electronically through an agent).

21 Apr 2016Activity statementsDue date for head companies of consolidated groups to lodge and pay quarterly instalment activity statements for the March 2016 quarter.
28 Apr 2016Activity statementsDue date to lodge and pay quarterly activity statements for the March 2016 quarter (if lodged on paper). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the March 2016 quarter.
  • PAYG withholding:
    • for March 2016 (medium withholders).
    • for the March 2016 quarter (small withholders).
  • PAYG instalment for the March 2016 quarter for quarterly PAYG instalment payers (3rd quarter of the 2015/16 income year).
  • FBT instalment for the March 2016 quarter (4th quarter of the 2016 FBT year).

The due date to lodge and pay is 26 May 2016 if lodged electronically through a tax agent or BAS agent.

28 Apr 2016PAYG instalments
GST instalments
Due date to pay quarterly PAYG and/or GST instalment notice for the March 2016 quarter (3rd quarter of the 2015/16 income year).
Due date to lodge the instalment notice if varying the instalment amount.
28 Apr 2016Superannuation Due date for employers to pay superannuation guarantee contributions for the March 2016 quarter.
Employers who fail to pay the minimum superannuation guarantee contributions by this date must pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly by 28 May 2016. The SGC is not tax deductible.
30 Apr 2016Franking account tax returnDue date for New Zealand franking companies (a New Zealand resident company which
has made an election to join the Australian imputation system) with a 31 March 2016 year end to lodge the franking account tax return, where any of the following apply:
  • a liability for franking deficit tax
  • a liability for over-franking tax, or
  • an obligation to notify the Commissioner of any significant variation in their benchmark franking percentage between franking periods.

New Zealand franking companies should lodge using the Franking account tax return 2015 form with the dates changed. 30 Apr 2016SuperannuationDue date for APRA-regulated superannuation funds (i.e. not self-managed) and RSA providers to lodge the Lost members statement for the half-year ended 31 December 2015. 30 Apr 2016TFN/ABN reporting

Due date for the following entities to lodge quarterly reports for the March 2016 quarter:

  • Investment bodies TFN/ABN reports for new TFN/ABN quotations by investors.
  • Closely held trusts TFN reports for TFNs quoted to a trustee by beneficiaries.

 

Key Dates – May 2016

DateCategoryDescription
15 May 2016Income tax returnsDue date for all entities that did not have to lodge earlier (including all remaining consolidated groups), that are not eligible for the 5 Jun 2016 concession, to lodge 2014/15 income tax returns.
The due date for companies and superannuation funds in this category to pay income tax is also 15 May 2016.
The due date for individuals and trusts in this category to pay income tax is the date stated on their notice of assessment.
21 May 2016Tax agentsFinal date for new clients to appoint a tax agent for a fringe benefits tax role for the FBT year ended 31 March 2016. Appointments after this date may not qualify for concessional due dates for returns lodged by tax agents.
21 May 2016Activity statementsDue date to lodge and pay monthly activity statements for April 2016. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for April 2016.
  • PAYG withholding for April 2016 (medium withholders).
  • PAYG instalment for April 2016 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).
26 May 2016Activity statementsDue date to lodge and pay quarterly activity statements for the March 2016 quarter (if lodged electronically through a tax agent or BAS agent). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the March 2016 quarter.
  • PAYG withholding:
    • for March 2016 (medium withholders).
    • for the March 2016 quarter (small withholders).
  • PAYG instalment for the March 2016 quarter for quarterly PAYG instalment payers (3rd quarter of the 2015/16 income year).
  • FBT instalment for the March 2016 quarter (4th quarter of the 2016 FBT year).

The due date to lodge and pay is 28 Apr 2016 if lodged on paper.

28 May 2016FBT returnsDue date to lodge fringe benefits tax returns for the FBT year ended 31 March 2016 (if lodged on paper) and pay fringe benefits tax (if required).
The due date to lodge and pay is 25 Jun 2016 if lodged electronically through a tax agent.
28 May 2016SuperannuationDue date for employers who failed to pay the minimum superannuation guarantee contributions by 28 Apr 2016 to pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly. The SGC is not tax deductible.

Key Dates – June 2016

DateCategoryDescription
5 June 2016Income tax returnsDue date for all entities otherwise required to lodge on 15 May 2016 (excluding large/medium entities and head companies of consolidated groups) to lodge 2014/15 income tax returns, where both of the following criteria are met:

  • non-taxable or refund for the latest year lodged, and
  • non-taxable or refund for 2014/15.
5 June 2016Income tax returns Due date for individuals and trusts otherwise required to lodge on 15 May 2016 to lodge 2014/15 income tax returns, provided they also pay any liability due by this date.

* Note that this is not a lodgement end date, but a concessional arrangement where you will not have to pay failure to lodge on time (FTL) penalties if you lodge and pay by this date.

21 June 2016Activity statementsDue date to lodge and pay monthly activity statements for May 2016. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for May 2016.
  • PAYG withholding for May 2016 (medium withholders).
  • PAYG instalment for May 2016 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).
25 June 2016FBT returnsDue date to lodge fringe benefits tax returns for the FBT year ended 31 March 2016 (if lodged electronically through a tax agent).
The due date to lodge is 28 May 2016 if lodged on paper.
The due date to pay fringe benefits tax (if required) is 28 May 2016 in all cases.
30 June 2016End of financial yearSuperannuation guarantee contributions must be paid by this date to qualify for an income tax deduction in the 2015/16 income year.

Key Dates – July 2016

DateCategoryDescription
14 Jul 2016PAYG withholdingDue date for payers to issue the following types of PAYG withholding payment summaries to payees (includes employees and recipients of certain other payments):

  • PAYG payment summary – individual non-business for employees, company directors and office holders who received salary, wages, pension payments, compensation, allowances or reportable fringe benefits.
  • PAYG payment summary – foreign employment for employees, company directors and office holders who received income from foreign employment, or for work in the Joint Petroleum Development Area.
  • PAYG payment summary – business and personal services income for non-employees who have made a voluntary agreement to withhold tax, or were employed under a labour hire arrangement, or received certain specified payments, or earned personal services income through a separate entity.
  • PAYG payment summary – superannuation income stream for payees who received an income stream benefit (a pension or annuity) from a superannuation fund, approved deposit fund or life insurance company.

Payment summaries for various other types of payments subject to PAYG withholding must be issued within a short period after the payment is made.

14 Jul 2016Employee share schemesDue date for providers of interests in employee share schemes (ESS interests) to provide Employee share scheme statements to employees.
21 Jul 2016Activity statementsDue date for entities that are not “deferred BAS payers” to lodge and pay monthly activity statements for June 2016. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for June 2016.
  • PAYG withholding:
    • for June 2016 (medium withholders).
    • for the June 2016 quarter (small withholders).
    • for the year ended 30 June 2016, from employee share schemes amounts where the employee did not quote a TFN or ABN.
    • for the year ended 30 June 2016 by investment bodies, from accrued gains on deferred interest securities where the investor did not quote a TFN.
  • PAYG instalment:
    • for June 2016 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).
    • for the June 2016 quarter for quarterly PAYG instalment payers (4th quarter of the 2015/16 income year).
  • FBT instalment for the June 2016 quarter (1st quarter of the 2017 FBT year).

An entity is generally a “deferred BAS payer” for a particular month, if the entity is a small or medium withholder (total annual PAYG withholding $1m or less), is not required to pay GST monthly, and has a quarterly tax obligation due that month (e.g. FBT instalment or GST). The quarterly activity statement due date applies (28 Jul 2016, or 25 Aug 2016 if lodged electronically through an agent).

21 Jul 2016Activity statementsDue date for head companies of consolidated groups to lodge and pay quarterly instalment activity statements for the June 2016 quarter.
21 Jul 2016Taxable payments reportingDue date for businesses in the building and construction industry to lodge the Taxable payments annual report with details of payments to contractors during the year ended 30 June 2016, or TPAR nil report if no payments were made.
28 Jul 2016Activity statementsDue date to lodge and pay quarterly activity statements for the June 2016 quarter (if lodged on paper). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the June 2016 quarter.
  • PAYG withholding:
    • for June 2016 (medium withholders).
    • for the June 2016 quarter (small withholders).
    • for the year ended 30 June 2016, from employee share schemes amounts where the employee did not quote a TFN or ABN.
    • for the year ended 30 June 2016 by investment bodies, from accrued gains on deferred interest securities where the investor did not quote a TFN.
  • PAYG instalment for the June 2016 quarter for quarterly PAYG instalment payers (4th quarter of the 2015/16 income year).
  • FBT instalment for the June 2016 quarter (1st quarter of the 2016 FBT year).

The due date to lodge and pay is 25 Aug 2016 if lodged electronically through a tax agent or BAS agent.

28 Jul 2016PAYG instalments
GST instalments
Due date to pay quarterly PAYG and/or GST instalment notice for the June 2016 quarter (4th quarter of the 2015/16 income year).
Also due date to lodge the instalment notice if varying the instalment amount. If you have already lodged your income tax return, you should not vary your June quarter PAYG instalment.
28 Jul 2016SuperannuationDue date for employers to pay superannuation guarantee contributions for the June 2016 quarter.
Employers who fail to pay the minimum superannuation guarantee contributions by this date must pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly by 28 Aug 2016. The SGC is not tax deductible.
31 July 2016TFN/ABN reportingDue date for the following entities to lodge quarterly reports for the June 2016 quarter:

  • Investment bodies TFN/ABN reports for new TFN/ABN quotations by investors.
  • Closely held trusts TFN reports for TFNs quoted to a trustee by beneficiaries.
31 July 2016Franking account tax returnDue date for June balancing companies (including New Zealand franking companies) to lodge the Franking account tax return 2016, where any of the following apply:

  • a liability for franking deficit tax
  • a liability for over-franking tax, or
  • an obligation to notify the Commissioner of any significant variation in their benchmark franking percentage between franking periods.

New Zealand franking companies are often “early balancing” companies with a 31 March year end. If those companies have any of the above obligations for the year ended 31 March 2017, they should lodge using the 2016 form by 30 Apr 2017.

Key Dates – August 2016

DateCategoryDescription
14 Aug 2016PAYG withholdingDue date for the following entities to lodge the PAYG payment summary statement for the year ended 30 June 2016:

  • large withholders (total annual PAYG withholding more than $1m).
  • small and medium withholders who don’t have a tax agent or BAS agent involved in preparing the report.

Types of payment summaries that may need to be reported include:

  • PAYG payment summary – individual non-business.
  • PAYG payment summary – foreign employment.
  • PAYG payment summary – business and personal services income.
  • PAYG payment summary – superannuation income stream.
  • PAYG payment summary – superannuation lump sum.
  • PAYG payment summary – employment termination payment.

Small and medium withholders who use a tax agent or BAS agent to prepare this report can lodge by 30 Sep 2016 (if payees include unrelated persons) or the due date of their tax return (if closely held payees only).

14 Aug 2016Superannuation Due date for superannuation funds and retirement savings account (RSA) providers to report Departing Australia superannuation payments (DASPs) made during the year ended 30 June 2016, if the payers are also required to lodge the PAYG payment summary statement as noted above.
Superannuation funds and RSA providers that are not required to lodge the PAYG payment summary statement must report DASPs in a separate annual report by 31 Oct 2016.
14 Aug 2016Employee share schemesDue date for providers of interests in employee share schemes (ESS interests) to lodge the Employee share scheme (ESS) annual report for the year ended 30 June 2016.
21 Aug 2016Activity statementsDue date to lodge and pay monthly activity statements for July 2016. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for July 2016.
  • PAYG withholding for July 2016 (medium withholders).
  • PAYG instalment for July 2016 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).
25 Aug 2016Activity statementsDue date to lodge and pay quarterly activity statements for the June 2016 quarter (if lodged electronically through a tax agent or BAS agent). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the June 2016 quarter.
  • PAYG withholding:
    • for June 2016 (medium withholders).
    • for the June 2016 quarter (small withholders).
    • for the year ended 30 June 2016, from employee share schemes amounts where the employee did not quote a TFN or ABN.
    • for the year ended 30 June 2016 by investment bodies, from accrued gains on deferred interest securities where the investor did not quote a TFN.
  • PAYG instalment for the June 2016 quarter for quarterly PAYG instalment payers (4th quarter of the 2015/16 income year).
  • FBT instalment for the June 2016 quarter (1st quarter of the 2017 FBT year).

The due date to lodge and pay is 28 Jul 2016 if lodged on paper.

28 Aug 2016Superannuation Due date for employers who failed to pay the minimum superannuation guarantee contributions by 28 Jul 2016 to pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly. The SGC is not tax deductible.

Key Dates – September 2016

Organise a consultation with an experienced accountant…

NOTE:

  • To ensure you receive the correct credit amount in your income tax assessment, finalise all your PAYG instalments before you lodge your tax return.
  • As some dates may vary, please ensure you contact the ATO to double check any dates in question.
  • When the due date for lodgment or payment falls on a Saturday, Sunday, or public holiday, it may be done on the next business day.

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