The new financial year is well underway, and many of you are currently finalising your general ledger accounts to provide us with the necessary information for preparing your 2024 financial statements and tax returns.
To ensure you remain compliant with your tax obligations, please take note of the key upcoming compliance dates listed below. It is essential to keep these lodgments up to date to avoid potential interest charges or penalties.
KEY TAX DATES – SEPTEMBER/OCTOBER 2024
21 September 2024 – GST – Monthly Activity Statement and payment for August 2024
21 September 2024 – PAYG withheld – Monthly activity statement and payment for August 2024
21 September 2024 – PAYG instalment – Activity Statement and payment for monthly reporters for August 2024
30 September 2024 – TFN withholding report – Annual TFN withholding report for closely held trusts where a trustee has been required to withhold amounts from payments to beneficiaries during the 2024 income year
30 September 2024 – PAYG withholding payment summary – 2024 income year annual report due if lodged by us
21 October 2024 – GST – Monthly Activity Statement and payment for September 2024
21 October 2024 – PAYG withheld – Monthly activity statement and payment for September 2024
21 October 2024 – PAYG instalment – Activity Statement and payment for monthly reporters for September 2024
21 October 2024 – Annual PAYG instalment – Payment of annual PAYG instalment for 2023–24. Lodge only if instalment amount varied or the rate method to calculate the instalment is used
28 October 2024 – GST – Quarterly Activity Statement and payment for the July to September 2024 quarter if you do not lodge with us
28 October 2024 – PAYG withheld, FBT instalment and PAYG instalment – Quarterly Activity Statement and payment for the July to September 2024 quarter if you do not lodge with us
28 October 2024 – Superannuation guarantee – Due date for superannuation guarantee contributions for July to September 2024
31 October 2024 – Income tax – Due date for lodgment of 2023–24 income tax return for individuals, trusts and partnerships if you do not lodge with us
31 October 2024 – GST – Lodgment of annual 2023–24 GST return for instalment payers who are required to lodge tax returns by 31 October 2024
31 October 2024 – Companies – To provide distribution statements to shareholders for 2023–24 for most companies
31 October 2024 – Income tax – Due date for lodgment of 2023–24 income tax return for an entity that has one or more prior year tax returns outstanding as at 30 June 2024
31 October 2024 – SMSFs – Annual return for new registrant SMSF if the ATO has provided this due date
We are here to assist with any operational challenges, workforce management issues, or health and safety concerns. Please feel free to contact us via phone or email for support.
