Tax Diary

Obligation

Tax return lodgment, 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 lodgment 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 lodgment end date of 15 May 2016 provided they also pay any liability due by this date.

Note: This is not a lodgment 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.

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

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

Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2015–16 financial year.

Obligation

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.

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 lodgment and payment concessions for their fringe benefits tax returns.

Fringe benefits tax annual return – due date for lodgment (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 lodgment service (ELS)
• Tax Agent Portal
• BAS Agent Portal
• Standard Business Reporting.(SBR)

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.

Note: The super guarantee charge is not tax deductible.

Obligation

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.

Quarterly activity statement, quarter 3, 2015–16 – paper lodgments – 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.

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.

Obligation

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

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.

Obligation

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.

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 lodgment.

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 lodgment and payment.

Note: There are special arrangements for newly registered self-managed super funds that do not have to lodge a return.

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

Quarterly instalment notice (form R, S or T), quarter 2, 2015–16 – due date for payment. Lodgment 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 lodgment 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.

Obligation

Tax return for taxable large/medium entities (all entities other than individuals) – due date for lodging, unless required earlier.

Payment for large/medium entities with a 15 January due date is:

• 1 December 2015 for companies and super funds
• as stated on their notice of assessment for trusts.

Note: You cannot self-assess a lodgment deferral from this date or assume a later date for lodgment on the basis that the taxpayer will be non-taxable in the current year.

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.

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.

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.

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

Obligation

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

Lodgment 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.

Lodgment of return due 15 January 2016.

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

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

Obligation

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

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 lodgment service (ELS)
• Tax Agent Portal
• BAS Agent Portal
• Standard Business Reporting (SBR).

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.

Obligation

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

Lodgment 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.

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

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

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 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.

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-lodgment of prior year returns and advised of a lodgment due date of 31 October 2015:

• Some prosecuted clients may have been given 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 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 lodgment.

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

Franking account tax return – due date for lodgment 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 lodgment.

PAYG withholding from interest, dividend and royalty payments paid to non-residents (NAT 7187) annual report – due date for lodgment. 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 lodgment. 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.

Obligation

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

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 lodgment when a trustee of a closely held trust has been required to withhold amounts from payments to beneficiaries.