July 2015

 

 

21 July 2015

 

June 2015 monthly activity statement - due date for lodging and paying.

 

2014–15 quarter 4 PAYG instalment activity statement – for head companies of consolidated groups – due date for lodging and paying.

 

28 July 2015

 

Quarterly activity statement, quarter 4, 2014–15 – paper – due date for lodging and paying.

Quarterly instalment notice (form R, S or T), quarter 4, 2014–15 due date

for paying. Lodgement is only required if you vary the instalment amount.

 

 

Super guarantee contributions for quarter 4, 2014–15 – employers must make contributions to the fund by this date.

Employers who do not pay minimum super contributions for quarter 4 by this date must pay the super guarantee charge and lodge a Superannuation guarantee charge statement – quarterly (NAT 9599) by 28 August 2015.

Note: The super guarantee charge is not tax deductible.

 

31 July 2015

TFN report for closely held trusts for TFNs quoted to a trustee by beneficiaries in quarter 4, 2014–15.

 

 

Venture capital deficit tax return for June balancers.

 

Franking account return for 30 June balancers when there is an amount payable.

 

August 2015

 

 

14 August 2015

 

Due date for lodging the PAYG withholding payment summary annual report for:

 

large withholders whose annual withholding is greater than $1 million

 

 

payers who have no tax agent or BAS agent involved in preparing the report.

 

21 August 2015

 

July 2015 monthly activity statement – due date for lodging and paying.

 

25 August 2015

 

Quarterly activity statement, quarter 4, 2014–15 – tax agents and BAS agents – due date for lodging and paying if you are lodging using one of the following:

 

electronic lodgement service (ELS) electronic commerce interface (ECI) Tax Agent Portal

BAS Agent Portal

 

Standard Business Reporting (SBR).

 

28 August 2015

 

Due date for lodging the Superannuation guarantee charge statement – quarterly, and paying the super guarantee charge for quarter 4, 2014–15, if the employer did not pay enough contributions on time.

Employers who lodge a Superannuation guarantee charge statement – quarterly can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They will still have to pay the remaining super guarantee charge to us.

Note: The super guarantee charge is not tax deductible.

 

 

Taxable payments annual report – building and construction industry.

 

September 2015

 

 

21 September

2015

 

August 2015 monthly activity statement – due date for lodging and paying.

 

30 September

2015

 

Due date for lodging the PAYG withholding payment summary annual report for payers whose registered agent (BAS agent or tax agent) helped prepare the report.

If a payer has only closely held payees and their tax agent helps prepare their report, they may be eligible for a concession to lodge this report by

the due date of their tax return.

 

 

Annual TFN withholding report 2015 – due date for lodgement when a trustee of a closely held trust has been required to withhold amounts from payments to beneficiaries.

 

October 2015

 

 

21 October 2015

 

Annual pay as you go (PAYG) instalment notice (Form N), due date for payment.

Lodgement is only required if you vary the instalment amount or use the rate method to calculate the instalment.

 

 

Quarterly PAYG instalment activity statement, quarter 1, 2015–16 for head companies of consolidated groups – due date for lodging and paying.

 

 

September 2015 monthly activity statement – due date for lodging and paying.

 

28 October 2015

 

Quarterly activity statement, quarter 1, 2015–16 – paper lodgements – due date for lodging and paying.

Quarterly instalment notice (form R, S, or T), quarter 1, 2015–16, due date

for payment. Lodgement is only required if you vary the instalment amount.

 

 

Super guarantee contributions, quarter 1, 2015–16 – contributions to be made to the fund by this date.

 

Annual activity statement for TFN withholding for closely held trusts – due date for lodging and paying where a trustee of a closely held trust withheld amounts from payments to beneficiaries during the 2014–15 income year.

 

31 October 2015

 

Final date to appoint a tax agent to the income tax role for any new client. If you advise us of your appointment after this date, the client's 2015 tax return may not be covered by your lodgement program.

Note: The lodgement program is a concession to registered agents. We can ask for documents to be lodged earlier than the concessional due

dates.

 

 

Tax returns for all entities if one or more prior year returns were outstanding as at 30 June 2015.

Note: This means all prior year returns must be lodged, not just the immediate prior year.

If all outstanding prior year returns have been lodged by 31 October 2015, the system will reset the 2015 tax return due date as in the normal program.

Self-managed super funds (SMSF) in this category must lodge their

complete Self-managed superannuation fund annual return by this date.

 

 

Tax return for all entities prosecuted for non-lodgement of prior year returns and advised of a lodgement due date of 31 October 2015:

 

Some prosecuted clients may have been given a different lodgement due date. Refer to the letter you received for the applicable due date.

Payment (if required) for individuals and trusts in this category is due as advised in their notice of assessment.

Payment (if required) for companies and super funds in this category is due on 1 December 2015.

SMSFs in this category must lodge their complete Self managed

 

 

superannuation fund annual return (NAT 71226) by this date.

 

 

Annual investment income report (AIIR) – due date for lodgement.

 

 

Departing Australia superannuation payments (DASP) annual report – due date for lodgement.

 

 

Franking account tax return – due date for lodgement when both of the following apply:

 

The return is a disclosure only (no amount payable). The taxpayer is a 30 June balancer.

 

 

PAYG withholding annual report no ABN withholding (NAT 3448) – due date for lodgement.

 

 

PAYG withholding from interest, dividend and royalty payments paid to non-residents (NAT 7187) annual report – due date for lodgement. This report advises amounts withheld from payments to foreign residents for:

 

interest and unfranked dividend payments that are not reported on an annual investment income report (AIIR) royalty payments.

 

 

PAYG withholding annual report – payments to foreign residents (NAT 12413) – due date for lodgement. This report advises amounts withheld from payments to foreign residents for:

 

entertainment and sports activities construction and related activities arranging casino gaming junket activities.

 

 

Lost members report for the period 1 January 2015 to 30 June 2015.

 

 

TFN report for closely held trusts for TFNs quoted to a trustee by beneficiaries in quarter 1, 2015–16.

 

November 2015

 

 

21 November

2015

October 2015 monthly activity statement – due date for lodging and paying.

 

25 November

2015

 

Quarterly activity statement, quarter 1, 2015–16 – due date for lodging and paying if you are lodging via one of the following:

 

electronic commerce interface (ECI) electronic lodgement service (ELS) Tax Agent Portal

BAS Agent Portal

 

Standard Business Reporting (SBR).

 

28 November

2015

 

Due date for lodging Superannuation guarantee charge statement – quarterly and paying the super guarantee charge for quarter 1, 2015–16, if the employer did not pay enough contributions on time.

Employers who lodge a Superannuation guarantee charge statement – quarterly can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They will still have to pay the remaining super guarantee charge to us.

Note: The super guarantee charge is not tax deductible.

 

December 2015

 

 

1 December

2015

 

Income tax for taxable large/medium taxpayers, companies and super funds – due date for payment.

Lodgement of return due 15 January 2016.

 

 

Income tax for the taxable head company of a consolidated group with a member deemed to be a large/medium taxpayer in the latest year lodged

– due date for payment.

Lodgement of return due 15 January 2016.

 

 

Income tax for companies and super funds when lodgement of the tax return was due 31 October 2015 – due date for payment.

 

21 December

2015

 

November 2015 monthly activity statement – due date for lodging and paying.

 

December 2015

 

 

1 December

2015

 

Income tax for taxable large/medium taxpayers, companies and super funds – due date for payment.

Lodgement of return due 15 January 2016.

 

 

Income tax for the taxable head company of a consolidated group with a member deemed to be a large/medium taxpayer in the latest year lodged

– due date for payment.

Lodgement of return due 15 January 2016.

 

 

Income tax for companies and super funds when lodgement of the tax return was due 31 October 2015 – due date for payment.

 

21 December

2015

 

November 2015 monthly activity statement – due date for lodging and paying.

 

 

Tax return for the taxable head company of a consolidated group (including new registrants) that has a member who has been deemed a large/medium entity in the latest year lodged – due date for lodging unless required earlier.

Payment was due 1 December 2015.

 

21 January 2016

 

Quarterly PAYG instalment activity statement, quarter 2, 2015–16 for head companies of consolidated groups – due date for lodging and paying.

 

 

December 2015 monthly business activity statement – due date for lodging and paying except for small business clients (that is up to $10 million turnover) who report GST monthly and lodge electronically.

 

28 January 2016

 

Super guarantee contributions for quarter 2, 2015–16 – employers must make contributions to the fund by this date.

Employers who do not pay minimum super contributions for quarter 2 by this date must pay the super guarantee charge and lodge a Superannuation guarantee charge statement – quarterly (NAT 9599) with us by 28 February 2016.

Note: The super guarantee charge is not tax deductible.

 

31 January 2016

 

TFN report for closely held trusts for TFNs quoted to a trustee by beneficiaries in quarter 2, 2015–16.

 

February 2016

 

 

21 February

2016

 

December 2015 monthly business activity statement for small business clients (up to $10 million turnover) who report GST monthly and lodge electronically – due date for lodging and paying.

January 2016 monthly activity statement – due date for lodging and paying.

 

28 February

2016

 

Tax return for non-taxable large/medium entities as per the latest year lodged (all entities other than individuals) due date for lodging.

Payment (if required) for companies and super funds is also due on this date. Payment for trusts in this category is due as per their notice of assessment.

 

 

Tax returns for new registrant (taxable and non-taxable) large/medium entities (all entities other than individuals) – due date for lodging.

Payment (if required) for companies and super funds is also due on this date. Payment for trusts in this category is due as per their notice of assessment.

 

 

Tax return for non-taxable head company of a consolidated group – including new registrants – that has a member who has been deemed a large/medium entity in the latest year lodged – due date for lodgement. Tax return for any member of a consolidated group who exits the consolidated group during the year of income.

 

 

Tax return for new registrant (taxable and non-taxable) head company of a consolidated group.

 

Self-managed superannuation fund annual return (NAT 71226) for new registrant (taxable and non-taxable) self-managed super funds (SMSF) – due date for lodgement and payment.

 

 

Quarterly activity statement, quarter 2, 2015–16 – due date for lodging and paying – all lodgement methods.

 

 

Quarterly instalment notice (form R, S or T), quarter 2, 2015–16 – due date for payment. Lodgement is only required if you vary the instalment amount.

 

Annual GST return or information report – due date for lodging (and paying if applicable) if the taxpayer does not have a tax return lodgement obligation.

If the taxpayer does have a tax return obligation, this return or report must be lodged by the due date of the tax return.

Due date for lodging the Superannuation guarantee charge (SGC) statement– quarterly and paying the super guarantee charge for quarter 2, 2015–16 if the employer did not pay enough contributions on time.

Employers who lodge a Superannuation guarantee charge statement – quarterly can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They will still have to pay the remaining super guarantee charge to us.

Note: The super guarantee charge is not tax deductible.

 

March 2016

 

 

21 March 2016

February 2016 monthly activity statement – due date for lodging and paying.

 

31 March 2016

 

Tax return for companies and super funds with total income in excess of

$2 million in the latest year lodged (excluding large/medium taxpayers) – due date for lodging, unless due earlier.

Payment for companies and super funds in this category is also due by

this date.

 

 

Tax return for the head company of a consolidated group without a member who has been deemed a large/medium entity in the latest year lodged, but with a member who had total income in excess of $2 million in their latest year lodged – due date for lodging, unless due earlier.

Payment for companies in this category is also due by this date.

 

 

Tax return for individuals and trusts whose latest return resulted in a tax liability of $20,000 or more, excluding large/medium trusts.

Payment for individuals and trusts in this category is due as advised on

their notice of assessment.

 

April 2016

 

 

21 April 2016

Quarterly PAYG instalment activity statement, quarter 3, 2015–16 for head companies of consolidated groups – due date for lodging and paying.

 

March 2016 monthly activity statement – due date for lodging and paying.

 

28 April 2016

Quarterly activity statement, quarter 3, 2015–16 – paper lodgements – due date for lodging and paying.

 

Quarterly instalment notice (form R, S or T), quarter 3, 2015–16 – due date for payment. You only need to lodge if you are varying the instalment amount.

 

 

Super guarantee contributions for quarter 3, 2015–16 – employers must make contributions to the fund by this date.

Employers who do not pay minimum super contributions for quarter 3 by this date must pay the super guarantee charge and lodge a Superannuation guarantee charge statement – quarterly (NAT 9599) with us by 28 May 2016.

Note: The super guarantee charge is not tax deductible.

 

30 April 2016

TFN report for closely held trusts for TFNs quoted to trustees by beneficiaries in quarter 3, 2015–16.

 

 

Lost members report for the period 1 July 2015 to 31 December 2015.

 

MAY 2016

 

 

15 May 2016

 

2015 tax returns for all other entities that did not have to lodge earlier (including all remaining consolidated groups), and are not eligible for the 5 June 2016 concession.

Due date for:

 

 

lodging

 

company and super funds to pay if required

Note: Individuals and trusts in this category to pay as advised on their notice of assessment.

 

21 May 2016

 

April 2016 monthly activity statement – due date for lodging and paying.

 

 

Final date for appointing a tax agent for a fringe benefits tax role. You must tell us who your new clients are by this date to make sure they receive the lodgement and payment concessions for their fringe benefits tax returns.

Fringe benefits tax annual return – due date for lodgement (if lodging by

paper).

 

 

Eligible quarterly activity statement, quarter 3, 2015–16 – due date for lodging and paying if you lodge using any of the following:

 

electronic commerce interface (ECI) electronic lodgement service (ELS) Tax Agent Portal

BAS Agent Portal

 

Standard Business Reporting.(SBR)

 

28 May 2016

 

Fringe benefits tax annual return – due date for payment.

 

Due date for lodging the Superannuation guarantee charge statement – quarterly (NAT 9599) and paying the super guarantee charge for quarter 3, 2015–16 if the employer did not pay enough contributions on time.

Employers who lodge a Superannuation guarantee charge statement – quarterly (NAT 9599) can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They will still have to pay the remaining super guarantee charge to us.

 

JUNE 2016

 

 

5 June 2016

 

Tax return lodgement, including companies and super funds where the tax return is not required earlier and both of the following criteria are met:

 

-    non-taxable or a credit assessment as at latest year lodged

-    non–taxable or receiving a credit assessment in the current year. This is for all entities with a lodgement end date of 15 May 2016,

excluding large/medium taxpayers and head companies of consolidated

groups.

 

 

Tax returns due for individuals and trusts with a lodgement end date of 15 May 2016 provided they also pay any liability due by this date.

Note: 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 2016

 

May 2016 monthly activity statement – due date for lodging and paying.

 

25 June 2016

2016 fringe benefits tax annual return – lodgement due date for tax agents (if lodging electronically). Payment (if required) is due 28 May.

 

Note

  • The list of key dates is not comprehensive – it is a guide only. Events or timelines may
  • Unless otherwise stated, the due dates provided are for 30 June balancers
  • The payment due dates for a tax return are determined by client type, the lodgment due date and when the return is lodged.

Drum Roll...

The winner of the $500 Travel Voucher drawn on the 18 December 2015 was Janell Harris.

Where would you like to travel? Any new client, or existing client of Elliotts Accounting who refers a new client, before 16 December 2016 will go into the draw to win a $500 Travel Voucher - Just in time for Christmas!

 

The winner of the IPAD drawn on 19 December 2014 was Roger Salt. 

You have another chance to win next year. Any new client, or any existing client of Elliotts Accounting who refers a new client, in the period 1st of January to 18th December 2015 will go into the draw to win $500 Wotif Holiday Voucher (Just in time for Christmas!!).

The winner of the IPAD drawn on 18 December 2013 was Harmon Reti. 
He was referred by Don Reti to our firm and both expressed great satisfaction with the services we provided them.

There is another competition running to be drawn on 19 December 2014 so be sure to either refer a new client, or become a new client of Elliotts Accounting before that date.
Good luck, you could be getting an iPad for Christmas 2014.

The winner of the IPAD drawn on 28 June 2013 was Steve Kite the Green Gardener, TOOWOOMBA. 
He referred a new client to our firm and both expressed great satisfaction with the services we provided them.

There is another competition running to be drawn on 18 December 2013 so be sure to either refer a new client, or become a new client of Elliotts Accounting before that date.
Good luck, you could be getting a iPad for Christmas.