News

KEY TAX DATES – SEPTEMBER/OCTOBER 2023

• 21 September 2023 – GST – Monthly Activity Statement and payment for August
• 21 September 2023 – PAYG withheld – Monthly Activity Statement and payment for August
• 21 September 2023 – PAYG instalment – Activity Statement and payment for monthly reporters for August.
• 30 September 2023 – Trusts – Final day for lodgment of annual TFN withholding report for closely held trusts where a trustee has been required to withhold amounts from payments to beneficiaries during the previous financial year.
• 30 September 2023 – PAYG withheld – Lodge PAYG withholding payment summary annual report if prepared by us.
• 21 October 2023 – PAYG instalment – Lodge and pay quarter 1, 2023–24 PAYG instalment activity statement for head companies of consolidated groups.
• 28 October 2023 – GST – Monthly Activity Statement and payment for September
• 28 October 2023 – PAYG withheld – PAYG amounts withheld from payments during July to September 2023 by small PAYG withholders that are not deferred BAS payers.
• 28 October 2023 – PAYG instalment – Activity Statement and payment for monthly reporters for September.
• 28 October 2023 – Superannuation guarantee – Due date for superannuation guarantee contributions for July to September 2023 quarter
• 28 October 2023 – PAYG instalment – FBT instalment – first PAYG instalment for the 2022–23 year by quarterly PAYG instalment payers and second FBT instalment for the year ending 31 March 2024 for employers.
• 31 October 2023 – Income tax return – Due date for lodgment of 2022–23 returns by companies and superannuation funds with one or more prior year returns outstanding.
• 31 October 2023 – Income tax return – Lodge tax returns for all entities if one or more prior year returns were outstanding as at 30 June 2023.
• 31 October 2023 – GST – Due date for lodgment of annual 2022–23 GST return for instalment payers who are required to lodge tax returns by 31 October 2022
• 31 October 2023 – Franking account tax return – Lodge franking account tax return when the return is a disclosure only (no amount payable) and you are a 30 June balancer.
• 31 October 2023 – Trusts – Due date for most private companies to provide distribution statements to shareholders for 2022–23.
• 31 October 2023 – PAYG Withheld – Due date for entities subject to PAYG withholding to forward annual report relating to: (a) payments for a supply where the recipient does not quote an ABN; (b) dividend, interest and royalty payments; (c) payments to foreign residents; (d) departing Australia superannuation payments; (e) the seasonal labour mobility program; or (f) mining payments.
• 31 October 2023 – Income tax return – non-lodgment – Lodge tax returns for all entities prosecuted for non-lodgment of prior year returns based on a revised lodgment due date advised to you by the ATO.
  • Payment (if required) for individuals and trusts in this category is due as advised in your notice of assessment.
  • Payment (if required) for companies and super funds in this category is due on 1 December 2023.
  • SMSFs in this category must lodge their complete self-managed superannuation fund annual return by this date.