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January ATO Deadlines

Jan 9, 2019

9 January 2019

Now that the dust has settled on the silly season, it’s full steam ahead into 2019 – make sure you’re on track to meet these January ATO deadlines and start 2019 on the right foot.

 

15 January

  • Lodge tax return for taxable large/medium entities as per the latest year lodged (all entities other than individuals), unless required earlier.
  • Payment for large/medium entities with a 15 January due date is:
    • 1 December 2018 – for companies and super funds
    • For trusts – as stated on their notice of assessment.

Note: You cannot request an agent assessed 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.

  • Lodge tax return for the taxable head company of a consolidated group (including a new registrant) that has a member who has been deemed a large/medium entity in the latest year lodged, unless the return was required earlier. Payment was due 1 December 2018.

21 January

  • Lodge and pay quarter 2, 2018–19 PAYG instalment activity statement for head companies of consolidated groups.
  • Lodge and pay December 2018 monthly business activity statement except for business clients with up to $10 million turnover who report GST monthly and lodge electronically.

28 January

  • Make quarter 2, 2018–19 super guarantee contributions to funds 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) by 28 February 2019.
    Note: The super guarantee charge is not tax deductible.

31 January

  • Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 2, 2018–19.

Source: https://www.ato.gov.au/Tax-professionals/Prepare-and-lodge/Due-dates/January-2019/

Please contact Shakespeare Financial Group with any queries about these ATO deadlines.



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