2018/19 Financial Year Key Tax Deadlines for Small Business
Business tax… it’s not most people’s favourite topic, but it is one of mine. I’m here to help you to ensure you meet your taxation obligations and aren’t scared of the Australian Taxation Office (ATO). With a little help, some preparation and understanding you can turn your business tax from a nightmare into a doable task.
I love to help business owners to understand their business and finances better. I help my customers plan for their tax obligations and should problems arise I work with my clients and the ATO to come up with a workable solution. To get started on the right foot though it is essential that you understand ATO deadlines. I have outlined many of these deadlines below, but please contact me directly to understand which deadlines apply to you and your business.
Monthly Lodgement Deadlines
Tip: Buy yourself some extra time and use a tax agent
MONTHLY LODGEMENTS |
LODGEMENT DATE |
| Business Activity Statement (BAS) | 21st of the following month |
| Instalment Activity Statement (IAS) | 21st of the following month |
BAS (Business Activity Statement) Deadlines
Tip: Buy yourself some extra time and use a tax agent
QUARTERLY LODGEMENTS |
ORIGINAL DUE DATE |
DUE DATE IF LODGING VIA TAX AGENT |
|
Business Activity Statement (BAS) |
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Quarter 1, 2018-2019 1 July to 30 September |
28 October 2018 |
25 November 2018 |
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Quarter 2, 2018-2019 |
28 February 2019 |
28 February 2019 |
|
Quarter 3, 2018-2019 1 January to 31 March |
28 April 2019 |
26 May 2019 |
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Quarter 4, 2018-2019 1 April to 30 June |
28 July 2019 |
25 August 2019 |
Other tax deadlines
PAYG PAYMENT SUMMARY – INDIVIDUAL NON-BUSINESS |
PAYG WITHOLDING PAY- MENT SUMMARY ANNUAL REPORT |
TAXABE PAYMENTS ANNUAL REPORT |
QUARTERLY SUPERANNUATION |
|
14 July 2018 |
14 August 2018 |
28 August 2018 |
28 October 2018 |
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28 January 2019 |
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28 April 2019 |
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28 July 2019 |
Want to know more about Distinct Business Solutions taxation services check out our tax page here
Any advice in this blog is general in nature and is intended for information purposes only. For personalised advice please contact your accountant.