December 2020
1 December
- Pay income tax for taxable large/medium taxpayers, companies and super funds. Lodgment 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. Lodgment of return is due 15 January 2021.
- Pay income tax for companies and super funds when lodgment of the tax return was due 31 October 2020.
21 December
- Lodge and pay November 2020 monthly business activity statement.
November 2020
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 – quarterly can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They still have to pay the remaining super guarantee charge.Note: The super guarantee charge is not tax deductible.Use our Super guarantee charge statement and calculator tool to work out the super guarantee charge and prepare the Superannuation guarantee charge statement – quarterly.
October 2020
21 October
- Pay annual PAYG instalment notice (Form N). Lodge only if you vary the instalment amount or use the rate method to calculate the instalment.
- Lodge and pay quarter 1, 2020–21 PAYG instalment activity statement for head companies of consolidated groups.
- Lodge and pay September 2020 monthly business activity statement.
28 October
- Lodge and pay quarter 1, 2020–21 activity statement if electing to receive and lodge by paper and not an active STP reporter. Pay quarter 1, 2020–21 instalment notice (form R, S, or T). Lodge the notice only if you vary the instalment amount.
- Make super guarantee contributions for quarter 1, 2020–21 to funds by this date.Employers who do not pay minimum super contributions for quarter 1 by this date must pay the super guarantee charge and lodge a Superannuation guarantee charge statement – quarterly (NAT 9599) by 28 November 2020.Note: The super guarantee charge is not tax deductible.
- Lodge and pay annual activity statement for TFN withholding for closely held trusts where a trustee withheld amounts from payments to beneficiaries during the 2019–20 income year.
31 October
- Final date to add new clients to your client list to ensure their 2020 tax return is covered by the lodgment program.Note: The lodgment program is a concession to registered agents. We can ask for documents to be lodged earlier than the concessional due dates.
- Lodge tax returns for all entities if one or more prior year returns were outstanding as at 30 June 2020.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 2020, the lodgment program due dates will apply to the 2020 tax return.SMSFs in this category must lodge their complete Self-managed superannuation fund annual return by this date.
- Lodge and pay Self-managed superannuation fund annual return (NAT 71226) for (taxable and non-taxable) new registrant SMSF if we have advised the SMSF that the first year return has a 31 October 2020 due date.
- Lodge tax return for all entities prosecuted for non-lodgment of prior year returns and advised of a lodgment due date of 31 October 2020:
- Some prosecuted clients may have a different lodgment 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 2020.
SMSFs in this category must lodge their complete Self-managed superannuation fund annual return (NAT 71226) by this date.
- Lodge Annual investment income report (AIIR).
- Lodge Departing Australia superannuation payments (DASP) annual report.
- Lodge Franking account tax return when both the:
- return is a disclosure only (no amount payable)
- taxpayer is a 30 June balancer.
- Lodge PAYG withholding annual report no ABN withholding (NAT 3448).
- Lodge PAYG withholding from interest, dividend and royalty payments paid to non-residents – annual report (NAT 7187). 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.
- Lodge PAYG withholding annual report – payments to foreign residents (NAT 12413). This report advises amounts withheld from payments to foreign residents for:
- entertainment and sports activities
- construction and related activities
- arranging casino gaming junket activities.
- Lodge lost members report for the period 1 January – 30 June 2020.
- Lodge TFN report for closely held trusts for TFNs quoted to a trustee by beneficiaries in quarter 1, 2020–21.
September 2020
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 agent 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 report by the due date of their tax return.
- Lodge Annual TFN withholding report 2020 if a trustee of a closely held trust has been required to withhold amounts from payments to beneficiaries.
August 2020
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 activity statement if you lodge electronically.
28 August
- Lodge and pay quarter 4, 2019–20 Superannuation guarantee charge statement – quarterly 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 still have to pay the remaining super guarantee charge.Note: The super guarantee charge is not tax deductible.Use our Super guarantee charge statement and calculator tool to work out the super guarantee charge and prepare the Superannuation guarantee charge statement – quarterly.
- Lodge Taxable payments annual report (TPAR).The TPAR tells us about payments that are made to contractors for providing services. Some government entities also need to report the grants they have paid in a TPAR.
July 2020
21 July
- Lodge and pay June 2020 monthly business activity statement.
- Lodge and pay quarter 4, 2019–20 PAYG instalment activity statement for head companies of consolidated groups.
28 July
- Lodge and pay quarter 4, 2019–20 activity statement if electing to receive and lodge by paper and not an active STP reporter.
- Pay quarter 4, 2019–20 instalment notice (form R, S or T). Lodge the notice only if you vary the instalment amount.
- Make super guarantee contributions for quarter 4, 2019–20 to funds 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 2020.Note: The super guarantee charge is not tax deductible.
31 July
- Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 4, 2019–20.
- Lodge Venture capital deficit tax return for June balancers.
- Lodge Franking account return for 30 June balancers if there is an amount payable.
- Lodge Early stage innovation company report.
June 2020
5 June
- Lodge tax return for all entities with a lodgment due date of 15 May 2020 if the tax return is not required earlier and both of the following criteria are met:
- non-taxable or a credit assessment in latest year lodged
- non-taxable or receiving a credit assessment in the current year.
Note: This includes companies and super funds, but excludes large/medium taxpayers and head companies of consolidated groups.
- Lodge tax returns due for individuals and trusts with a lodgment due date of 15 May 2020 provided they also pay any liability due by this date.Note: This is not a lodgment due date but a concessional arrangement where failure to lodge on time (FTL) penalties will not apply if you lodge and pay by this date.
21 June
- Lodge and pay May 2020 monthly business activity statement.
25 June
- Lodge 2020 Fringe benefits tax annual return for tax agents if lodging electronically. Payment (if required) is due 28 May.
30 June
- Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2019–20 financial year.
May 2020
15 May
- Lodge 2019 tax returns for all entities that did not have to lodge earlier (including all remaining consolidated groups), and are not eligible for the 5 June concession.Due date for companies and super funds to pay if required.Note: Individuals and trusts in this category pay as advised on their notice of assessment.
21 May
- Lodge and pay April 2020 monthly business activity statement.
- Final date to add new FBT clients to your client list to ensure they receive the lodgment and payment concessions for their fringe benefits tax returns.Lodge and pay Fringe benefits tax annual return if lodging by paper.
26 May
- Lodge and pay eligible quarter 3, 2019–20 activity statements if you or your client have elected to receive and lodge electronically.
28 May
- Pay Fringe benefits tax annual return if lodging electronically.
- Lodge and pay quarter 3, 2019–20 Superannuation guarantee charge statement – quarterly (NAT 9599) 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 still have to pay the remaining super guarantee charge.Note: The super guarantee charge is not tax deductible.Use our Super guarantee charge statement and calculator tool to work out the super guarantee charge and prepare the Superannuation guarantee charge statement – quarterly.
April 2020
21 April
- Lodge and pay quarter 3, 2019–20 PAYG instalment activity statement for head companies of consolidated groups.
- Lodge and pay March 2020 monthly business activity statement.
28 April
- Lodge and pay quarter 3, 2019–20 activity statement if electing to receive and lodge by paper and not an active STP reporter.
- Pay quarter 3, 2019–20 instalment notice (form R, S or T). Lodge the notice only if you are varying the instalment amount.
- Make super guarantee contributions for quarter 3, 2019–20 to the funds 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) by 28 May 2020.Note: The super guarantee charge is not tax deductible.
30 April
- Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 3, 2019–20.
- Lodge lost members report for the period 1 July 2019 to 31 December 2019.
March 2020
21 March
- Lodge and pay February 2020 monthly business activity statement.
31 March
- Lodge tax return for companies and super funds with total income of more than $2 million in the latest year lodged (excluding large/medium taxpayers), unless the return was due earlier.
- Payment for companies and super funds in this category is also due by this date.
Lodge tax return for the head company of a consolidated group (excluding large/medium), with a member who had a total income in excess of $2 million in their latest year lodged, unless the return was due earlier. - Payment for companies in this category is also due by this date.
Lodge 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.