2019/20 Financial Year Key Tax Deadlines for Small Business
Tax deadlines are a necessary part of business. Understanding when your tax obligations are due is essential to being compliant with the tax system. I’m here to help you to ensure you meet your taxation obligations and aren’t scared of the Australian Taxation Office (ATO). With some preparation and understanding you can turn your business tax from a nightmare into just another complete process.
For me, helping business owners to understand their business and finances better is key. I work with our clients to do more than just compliance. I assist customers with business planning, tax planning, budgeting and understanding of costs.
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, 2019-2020 1 July to 30 September |
28 October 2019 |
25 November 2019 |
Quarter 2, 2019-2020 |
28 February 2020 |
28 February 2020 |
Quarter 3, 2019-2020 1 January to 31 March |
28 April 2020 |
26 May 2020 |
Quarter 4, 2019-2020 1 April to 30 June |
28 July 2020 |
25 August 2020 |
Other tax deadlines
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STP finalisation declaration |
TAXABE PAYMENTS ANNUAL REPORT |
QUARTERLY SUPERANNUATION |
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14 July 2019 |
28 August 2019 |
28 October 2019 |
28 January 2020 |
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28 April 2020 |
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28 July 2020 |
Want to know more about Distinct Business Solutions taxation services?
Check out our tax page here
Learn about Tax planning here
Any advice is general in nature and is intended for information purposes only. For personalised advice please contact your accountant.