Newsletters

Key Events / Dates: 15 January Income Tax Due date for lodgment of income tax returns for companies and trusts that were taxable medium to large taxpayers in the prior year and are not required to lodge earlier. If you fail to lodge your current return on time your income tax return for the next…

Key Events / Dates: 1 December Pay income tax for taxable large/medium taxpayers, companies and super funds. Lodgement of return is due 15 January 2021. Pay 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. Lodgement of return is due…

Key Events / Dates: 21 November Lodge and pay October 2020 monthly business activity statement. 25 November Lodge and pay quarter 1, 2020–21 activity statement if you lodge electronically. 28 November Lodge and pay quarter 1, 2020–21 Superannuation guarantee charge statement – quarterly if the employer did not pay enough contributions on time.Employers lodging a Superannuation guarantee charge statement –…

Building Blocks for a Successful Family Business Building and managing a successful family business is hard work! Doing this during a pandemic such as COVID-19 is even harder work! There are unique challenges with a family business, particularly when it comes to making tough decisions in difficult times. The current health and economic crises are…

Key Events / Dates: 21 September – Lodge and pay August 2020 monthly business activity statement 30 September – Lodge PAYG withholding payment summary annual report if prepared by a BAS or tax agent: 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…

Key Events / Dates: 14 August – Lodge 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 – Lodge and pay July 2020 monthly business activity statement 25 August – Lodge and pay quarter 4, 2019-20…