Latest News

Latest News

04/07/2006 Lodgement dates 2006-07 The Lodgment program 2006-07 is extensive and includes details of most of your lodgment requirements including: income tax returns monthly and quarterly activity statements fringe benefits tax (FBT) returns and pay as you go (PAYG) withholding annual reports annual goods and services tax (GST) returns and information reports annual and quarterly instalment notices a range of superannuation statements, and a number of smaller lodgment requirements including franking account returns, annual investment income reports and venture capital deficit returns. To allow you to manage your workload over a 12 month period, concessional lodgment dates have been granted for those dates where your workload is the greatest. The program adopts standard end dates. In some cases these may fall on a weekend or public holiday. Under current provisions of the Taxation Administration Act 1953, where a due date for lodgment of an approved form and/or payment of a tax debt falls on a day that is not a business day, lodgment and/or payment are due on the next business day. For the purpose of this rule, business day means a day other than a Saturday or a Sunday or a day which is a public holiday. A public holiday is a day that is a public holiday for the whole of any state or territory in Australia   Lodgment due date Description 14 July 2006 Reasonable benefits limits (RBL) – report all benefits paid in the prior month 21 July 2006 Quarterly PAYG instalment activity statement – head companies of consolidated groups – quarter 4, 2005-06 Monthly activity statement for June 2006 28 July 2006 Quarterly instalment notice – form R, S or T – for quarter 4, 2005-06 Superannuation guarantee contribution, quarter 4, 2005-06 31 July 2006 Venture capital deficit tax return for June-balancer Franking account return for June-balancer where there is an amount payable 11 August 2006 Quarterly activity statement, quarter 4, 2005-06 – paper or ECI lodgment 14 August 2006 PAYG withholding payment summary annual report for large withholders (annual withholding > $1 million), or payer who has no agent involvement in preparing the report. Reasonable benefits limits (RBL) – report to us all benefits paid in the prior month Superannuation guarantee charge (SGC) 21 August 2006 Monthly activity statement for July 2006 25 August 2006 Quarterly activity statement, quarter 4, 2005-06 – secure electronic lodgment (ELS or the Tax Agent Portal) 28 August 2006 Superannuation guarantee charge (SGC) 14 September 2006 Reasonable benefits limits (RBL) – report all benefits paid in the prior month 21 September 2006 Monthly activity statement for August 2006 30 September 2006 PAYG withholding payment summary annual report for payer who has agent involvement in preparing the report. (If payer has only closely held payees they may be eligible for a concession to lodge this report by the due date of their income tax return) 14 October 2006 Reasonable benefits limits (RBL) – report all benefits paid in the prior month 21 October 2006 Annual PAYG instalment notice Quarterly PAYG instalment activity statement – head companies of consolidated groups – quarter 1, 2006-07 Monthly activity statement for September 2006 28 October 2006 Quarterly instalment notice – form R, S or T – for quarter 1, 2006-07 Superannuation guarantee contribution, quarter 1, 2006-07 31 October 2006 Income tax return for all entities where two or more prior year income tax returns are outstanding as at 30 June 2006. (If all outstanding prior year returns have been lodged by this date, the 2006 return will be due as in the normal program) Income tax return for all entities prosecuted for non-lodgment in 2005-06 and advised of a lodgment due date of 31 October 2006. (Some prosecuted clients may have been given an earlier or later lodgment due date. Please refer to the letter you received on this matter for the due date applicable to your client/s) Annual investment income report Departing Australia superannuation payments annual report Franking account return where the return is a disclosure-only return (no amount payable), and where the taxpayer is a June-balancer PAYG withholding annual report (no ABN withholding) PAYG withholding annual report (interest, dividend and royalty payments paid to non-residents) PAYG withholding annual report (payment to foreign residents) APRA annual return and audit report – lodgment with APRA Member contributions statement – paper or electronic – only applicable for APRA funds Lost members report for the period 1 January 2006 to 30 June 2006 11 November 2006 Quarterly activity statement, quarter 1, 2006-07 – paper or ECI lodgment 14 November 2006 Reasonable benefits limits (RBL) – report all benefits paid in the prior month 21 November 2006 Monthly activity statement for October 2006 25 November 2006 Quarterly activity statement, quarter 1, 2006-07 – secure electronic lodgment (ELS or the Tax Agent Portal) 28 November 2006 Superannuation guarantee charge (SGC) 1 December 2006 Payment of income tax for taxable large/medium business company and superannuation funds. (Lodgment of return due 15 January 2007) Payment of income tax for taxable head company of a consolidated group that has a member who has been deemed a large/medium business in the latest year lodged. (Lodgment of return due 15 January 2007) Payment of income tax for companies and superannuation funds where income tax return was due 31 October 2006 14 December 2006 Reasonable benefits limits (RBL) – report to us all benefits paid in the prior month 21 December 2006 Monthly activity statement for November 2006 4 January 2007 Reasonable benefits limits (RBL) – report all benefits paid in the prior month 15 January 2007 Income tax return for taxable large/medium business taxpayers as per latest year lodged – all entities other than individuals – unless required earlier. (Payment for companies and superannuation funds was due 1 December 2006) Income tax return for taxable head company of a consolidated group – including new registrants – that has a member who has been deemed a large/medium business in the latest year lodged. (Payment was due 1 December 2006) 21 January 2007 Quarterly PAYG instalment activity statement – head companies of consolidated groups – quarter 2, 2006-07 Monthly activity statement for December 2006 28 January 2007 Superannuation guarantee contribution, quarter 2, 2006-07 14 February 2007 Reasonable benefits limits (RBL) – report all benefits paid in the prior month 21 February 2007 Monthly activity statement for January 2007 28 February 2007 Quarterly activity statement, quarter 2, 2006-07 – all lodgment methods Quarterly instalment notice – form R, S or T – for quarter 2, 2006-07 Income tax return for non-taxable large/medium business taxpayers as per latest year lodged – all entities other than individuals Income 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 business in the latest year lodged Income tax return for new registrant (taxable and non-taxable) large/medium business taxpayers Income tax return for new registrant (taxable and non-taxable) companies and superannuation funds Income tax return for new registrant (taxable) trusts. Annual GST return or information report if taxpayer does not have an income tax return lodgment obligation. (If taxpayer does have an income tax return obligation, this return/report can be lodged with the return) Superannuation guarantee charge (SGC) 14 March 2007 Reasonable benefits limits (RBL) – report all benefits paid in the prior month 21 March 2007 Monthly activity statement for February 2007 31 March 2007 Income tax return for all entities, other than large/medium business taxpayers, where one prior year return was outstanding as at 30 June 2006. (If the outstanding prior year return has been lodged by this date, the 2006 return will be due as in the normal program) Income tax return for head company of a consolidated group that does not have a member who has been deemed a large/medium business in the latest year lodged, but does have a member who has total income in excess of $2 million in latest year lodged (unless due earlier) Income tax return for companies and superannuation funds with total income in excess of $2 million in latest year lodged (excluding large/medium business taxpayers) Income tax return for individuals and trusts which were tax level 6 as per latest year lodged (excluding large/medium business trusts) Member contributions statement for SMSF. (Where due date for lodgment of the SMSF income tax return is later than 31 March, the MCS may be lodged by the due date of the return) 14 April 2007 Reasonable benefits limits (RBL) – report all benefits paid in the prior month 21 April 2007 Quarterly PAYG instalment activity statement – head companies of consolidated groups – quarter 3, 2006-07 Monthly activity statement for March 2007 28 April 2007 Quarterly instalment notice – form R, S or T – for quarter 3, 2006-07 Superannuation guarantee contribution, quarter 3, 2006-07 30 April 2007 Lost members report for the period 1 July 2006 to 31 December 2006 12 May 2007 Quarterly activity statement, quarter 3, 2006-07 – paper or ECI lodgment 14 May 2007 Reasonable benefits limits (RBL) – report all benefits paid in the prior month 15 May 2007 Income tax return for all other entities not required earlier (including all other consolidated groups), and not eligible for the 3 June or 5 June concessions. 21 May 2007 Monthly activity statement for April 2007 26 May 2007 Quarterly activity statement, quarter 3, 2006-07 – secure electronic lodgment (ELS or the Tax Agent Portal) 28 May 2007 Fringe benefits tax return Superannuation guarantee charge (SGC) 3 June 2007 Income tax return for non-taxable or refund as per latest year lodged as well as actual non-taxable or refund in current year (unless due earlier) – all entities except large/medium business taxpayers and head companies of consolidated groups Income tax return for non-taxable new registrant trusts 5 June 2007 Income tax return for individuals and trusts with a lodgment end date of 15 May 2007 provided payment is also made by this date Note: This is not a lodgment end date but a concessional arrangement where penalties will be waived if lodgment and payment is made by this date. 14 June 2007 Reasonable benefits limits (RBL) – report all benefits paid in the prior month 21 June 2007 Monthly activity statement for May 2007