RESOURCES

FACT SHEETS
CHECK LISTS

Details are provided on each checklist attached:

If possible, summarise receipts rather than giving us the “shoebox” as it will save time & fees to you. All records and receipts used to prepare your Tax Returns should be kept for 7 years.

KEY DATES
Date Category Description
31 Jan 2017Lodge and Pay December 2016 Monthly Business Activity StatementDue Date: 21 February 2017 – Lodge and pay December 2016 monthly business activity statement for small business clients (up to $10 million turnover) who report GST monthly and lodge electronically. Lodge and pay January 2017 monthly activity statement.
31 Jan 2017Lodge Tax Return for Non-taxable Large/Medium EntitiesDue Date: 28 February 2017 – Lodge tax return for non-taxable large/medium entities as per the latest year lodged (all entities other than individuals). 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.
31 Jan 2017Lodge Tax Returns for New Registrant Large/Medium EntitiesDue Date: 28 February 2017 – Lodge tax returns for new registrant (taxable and non-taxable) large/medium entities (all entities other than individuals). 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.
31 Jan 2017Lodge Tax Return for Non-taxable Head Company of a Consolidated GroupDue Date: 28 February 2017 – Lodge tax return for non-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. Lodge tax return for any member of a consolidated group who exits the consolidated group during the year of income.
31 Jan 2017Lodge Tax Return for New RegistrantDue Date 28 February 2017 – Lodge tax return for new registrant (non-taxable) head company of a consolidated group
31 Jan 2017Self-managed Superannuation Fund Annual ReturnDue Date: 28 February 2017 – Lodge and pay Self-managed superannuation fund annual return (NAT 71226) for new registrant (taxable and non-taxable) SMSF, unless they have been advised of a 31 October 2016 due date at finalisation of a review of the SMSF at registration. Note: There are special arrangements for newly registered SMSFs that do not have to lodge a return
31 Jan 2017Lodge and Pay Quarterly Activity StatementDue Date: 28 February 2017 – Lodge and pay quarterly activity statement for quarter 2, 2016–17 for all lodgment methods.
31 Jan 2017Pay Quarterly Instalment NoticeDue Date: 28 February 2017 – Pay quarterly instalment notice (form R, S or T) for quarter 2, 2016–17. Lodgment is only required if you vary the instalment amount.
31 Jan 2017Annual GST return or information reportDue date: 28 February 2017 – Annual GST return or information report – lodge (and pay 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.
31 Jan 2017Superannuation guarantee charge statementDue date: 28 February – Lodge the Superannuation guarantee charge (SGC) statement– quarterly and pay the super guarantee charge for quarter 2, 2016–17 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. For help with working out the super guarantee charge and preparing the Superannuation guarantee charge statement – quarterly, use our Super guarantee charge statement and calculator tool.
18 Jan 2017Lodge and pay PAYG Instalment activity statementDue date: January 21 — Lodge and pay quarterly PAYG instalment activity statement for quarter 2, 2016-17 for head companies of consolidated groups.
18 Jan 2017Lodge and pay December 2016 BASDue date: January 21 — Lodge and pay December 2016 monthly business activity statement except for small business clients (that is up to $10 million turnover) who report GST monthly and lodge electronically.
18 Jan 2017Super Guarantee ContributionsDue date: 28 January — Employers must make super guarantee contributions for quarter 2, 2016-17 to the 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) with the ATO by 28 February 2017. Note: The super guarantee charge is not tax deductible
18 Jan 2017Lodge TFN ReportDue date: January 31 — Lodge TFN report for closely held trusts for TFNs quoted to a trustee by beneficiaries in quarter 2, 2016-17.

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