15 January

● Lodge tax returns for taxable large/medium entities as of the most recent year submitted including all entities other than individuals, if necessary earlier.

● Payment for large/medium enterprises with a 15 January due date is: 1 December 2021 – for corporations and super funds

● Trusts – as specified on their notice of assessment.

● Lodge a tax return for the taxable head company of a consolidated group including a new registrant, that has a member who was deemed a large/medium corporation in the most recent year lodged if the return was due earlier. The deadline for payment was December 1, 2021.

It is important to note that you cannot request an agent assessed deferral from this date or presume a later date for lodgement if the taxpayer is not taxable in the current year.

21 January

● Lodge and pay for the second quarter of 2021-22. PAYG installment activity statement for consolidated groups' head corporations

● Except for business clients with up to $10 million in revenue who report GST monthly and lodge electronically, lodge and pay the December 2021 monthly business activity statement.

28 January

● Make super guaranty contributions to funds by this date in quarter 2, 2021–22.

● Employers who do not make the required minimum super payments for quarter 2 by this date must pay the super guarantee fee and file a Superannuation guarantee charge statement – quarterly (NAT 9599) by February 28, 2022.

It should be noted that the super guarantee charge is not tax-deductible.

31 January

● If any beneficiary quoted their TFN to a trustee in quarter 2, 2021–22, lodge a TFN report for tightly held trusts.

You must keep track of deadlines to keep your business running smoothly.

If you have any questions about the dates listed or if you need assistance preparing any of the lodgement's you can contact us. Account NextGen is always there to help you!