We’re fast approaching the end of yet another financial quarter so we thought we’d put together a timeline of upcoming tax deadlines for both personal and business entities that are worth adding to your calendar.
Many of you are likely across some of the first few of these and you may have already spoken with the Attune team about your March or April deadlines, but let’s take a look and have your calendar ready so you can keep them in your diary …
31 March 2023:
- Lodge tax return for companies and super funds with total income of more than $2 million in the latest year lodged (exceptions may apply!)
- Lodge tax return for individuals and trusts whose latest return resulted in a tax liability of $20,000 or more (exceptions may apply!)
- Payments for companies and superfunds are due by this date
- Individuals and trusts payments are due as advised on their Notices of Assessment
21 April 2023:
- Lodge and pay quarterly March 2023 BAS if you’re not using a registered Agent (more time here is one great advantage of having Attune on your side)
28 April 2023:
- Payment of March 2023 PAYG Instalment notice, or lodgement due date if varying
- Make super guarantee payments for Quarter 2, 2022-23
15 May 2023:
- Lodge 2022 tax returns for all entities that did not have to lodge earlier (including all remaining consolidated groups) and are not eligible for the 5 June concession.
- Due date for companies and super funds to pay if required
26 May 2023:
- Lodge and pay eligible quarter 3, 2022–23 activity statements if you have elected to receive and lodge electronically.
5 June 2023:
Lodge tax return for all entities with a lodgement due date of 15 May 2023 if the tax return is not required earlier and both of the following criteria are met:
- non-taxable or a credit assessment in latest year lodged
- non-taxable or receiving a credit assessment in the current year
25 June 2023:
- Lodge and pay 2023 Fringe benefits tax annual return for tax agents if lodging electronically.
30 June 2023:
- Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2022–23 financial year.
If you’d like clarity on any of these deadlines or would like tailored advice on meeting your obligations, reach out the Attune team today on 1300 866 113 or send us an email to start the conversation.
