Forget birthdays, anniversaries and Christmas and instead, punctuate your diary with a list of tax deadlines. Here’s a summary of the deadlines that every Australian bookkeeper needs to know about in order to stay out of trouble.
Business Activity Statements | Monthly payments: 21 days after the end of each month. Quarterly payments: 28 days after the end of each quarter, except for the December quarter, where the deadline is February 28 |
Payment ummaries | July 14 |
Annual withholding declaration | August 14 |
Superannuation | 28 days after the end of each month or quarter, depending on the fund |
PAYG withholding tax | 21 days after the end of the month for monthly payments, or 28 days after the end of the quarter for quarterly payments |
Valentine’s Day | February 14. Remember chocolates, red wine and roses or terrible consequences may ensue |
GST return | 28 days after the end of each reporting period, with the exception of the November period, when the deadline is 15 January, and the March period, when the deadline is 7 May |
PAYE tax and KiwiSaver | 20 days after the end of each month |