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When things get busy in your business, it’s easy for due dates to sneak up on you. Keeping on top of due dates can help you keep your business running smoothly.
We can help you find out about key due dates for your business, including:
When to lodge your tax return
Just as individuals need to report their earnings to the ATO on a tax return, so does your business, even if there is no tax to pay.
The tax returns you need to lodge and when you need to lodge will depend on your business structure:
|Business structure||Declare||Due date|
|Sole trader (can be known as an individual in business or working for yourself)||
Your business income in your individual tax return.
31 October unless you lodge through a registered tax agent*.
Your share of the partnership income in your individual tax return.
The partnership itself will also need to lodge a partnership return.
Both returns are due by 31 October unless you lodge through a registered tax agent*.
Any trust distribution you receive in your individual tax return.
The trust will also need to lodge a trust return.
|Both returns are due by 31 October unless you lodge through a registered tax agent*.|
Any salary or wages you receive, including any other payments such as director’s fees or income from dividends, in your individual tax return.
The company will also have to lodge a company tax return.
If you don’t lodge through a registered tax agent*:
*Most registered tax agents have special lodgment schedules and can lodge returns for their clients later than the usual 31 October deadline. If you're using a tax agent for the first time, or using a different tax agent, you need to contact them before 31 October.
Did you know?
- When a due date falls on a weekend or public holiday, you can lodge and pay on the next business day.
When to lodge and pay your business activity statements (BAS)
BAS are used to report and pay different taxation obligations for your business including:
- goods and services tax (GST)
- pay as you go withholding (PAYG withholding) – if you have employees
- pay as you go instalments (PAYG instalments).
Most businesses need to lodge BAS through the year. Most small businesses lodge their BAS and pay any amount owing (or get a refund) either quarterly or monthly.
The due date for lodging and paying is shown on your BAS.
Did you know?
If you lodge your BAS online on a quarterly basis, you may qualify for a two-week deferral of your due date. See two-week deferral offer.
Find out more:
Learn more on how to prepare and lodge your business activity statements.
Key due dates if you employ staff or have other workers
If you employ staff or other workers in your business, you’ll have additional payment and reporting dates.
Taking tax out of wages
How you report the amounts you withhold from your workers’ pay depends on how many employees you have.
Employers with less than 19 employees
You’ll need to report any amounts you withhold from your workers’ pay in the PAYG tax withheld section of your BAS and pay these amounts to the ATO when your BAS is due.
At the end of the financial year, you’ll also need to:
- give your workers an annual payment summary (showing the amounts you’ve paid them and the amounts withheld) by 14 July
- lodge a PAYG withholding payment summary annual report with the ATO (showing the amounts you paid to all your workers and the amounts withheld) by 14 August.
Employers with 20 or more employees
From 1 July 2018 amounts are reported directly to the ATO every time you pay your employees through Single Touch Payroll (STP).
However if you currently tell us your PAYG withholding amount on an activity staement, you need to continue to follow your existing processes. See remitting PAYG withholding.
You no longer have to give your employees a payment summary for any amounts reported through STP. Once you have finalised your data, your employees or their registered agent will be able to use the STP information available in ATO online.
Did you know?
Employers with less than 19 employees can voluntarily join STP now, however STP extends to all employers from 1 July 2019.
Find out more in Withholding tax from wages and other payments.
Do you have to lodge a Taxable Payments Annual Report?
If you are in the building and construction industry, courier or cleaning industries and you pay contractors for their services, you’ll also need to lodge a Taxable Payments Annual Report by 28 August each year. For further information visit the ATO’s Taxable payments reporting.
From 1 July 2019 this will also affect businesses that have contractors that provide services in the following industries:
- road freight
- information technology (IT)
- security, investigation or surveillance.
If you’re a contractor in any of these industries and want to know how this affects you, check out:
- why we collect information about payments to contractors
- the ATO’s information on businesses in:
- The FBT year runs from 1 April to 31 March.
- You need to lodge your FBT return and pay the amount owed for the year by 21 May.
Paying super for your employees and other workers
If you are required to pay super for your employees or workers, you must pay super contributions to their nominated super fund by the following dates:
|1||1 July to 30 September||28 October|
|2||1 October to 31 December||28 January|
|3||1 January to 31 March||28 April|
|4||1 April to 30 June||28 July|
Tip: You can make payments more regularly if you want to (for example, fortnightly or monthly) as long as you pay the total amount of super you need to for the quarter by the due date.
Did you know?
You must pay and report super for your employees electronically in a standard format. This is called SuperStream. Use the ATOs Employer checklist: a step-by-step guide for help with choosing a SuperStream solution to suit your business.
Fringe benefits tax
If you pay your employees some types of non-cash benefits (like paying for a work car that they can also use at home), you may need to register for and pay fringe benefits tax (FBT).
Did you know?
Easy ways to manage your key dates for tax
Need help reporting and paying to the ATO?
The key dates tool in the ATO app can tell you when your due dates are coming up to help you meet your tax reporting and payment obligations. Tailor it to your needs so you know exactly when your due dates are.
To use the tool:
- open the ATO app
- scroll across the page until you see key dates
- answer some questions about your business
- get a list of lodgment dates specific to you from the app
- download the dates into your calendar.
Key dates for other registrations
You may have other payment and reporting responsibilities depending on your business structure or industry type.
Business name renewals
If you’ve registered your business name, you will need to renew your business name registration either annually or every three years.
The Australian Securities and Investments Commission (ASIC) will issue you with a renewal notice 30 days before it’s due.
ASIC sends annual statements to registered companies shortly after the anniversary of their registration.
If you’ve registered your business as a company and receive this statement, you will need to check that it’s correct and pay the annual review fee.
State government key dates
There may be payments, forms or reports you are required to lodge for different state governments. Check out your state government website for more information:
- Australian Capital Territory - ACT Revenue Office
- New South Wales - Office of State Revenue
- Northern Territory - Department of Treasury and Finance
- Queensland - Queensland Treasury
- South Australia - Revenue SA
- Tasmania - State Revenue Office
- Victoria - State Revenue Office Victoria
- Western Australia - Department of Finance.
Industry fees and licences key dates
Depending on your business, you may have to pay licence renewals or industry fees.
Contact your industry body or association for more information on due dates for industry fees.
Using the Australian Business Licence and Information Service (ABLIS)
ABLIS can help you find out which government licences and registrations apply to your business, as well as information on how to apply and renew your licenses and registrations. Create and download a report tailored to your business containing:
- a summary of state or territory, local and Australian government requirements relevant to your business
- information about licence fees, how to apply, periods of cover and renewals
- how to access application and renewal forms
- where to go for more help and information.