The June BAS is due for lodgement Tuesday the 25th of August. If you haven’t already, please get your BAS data into us as soon as possible. If you require data collection forms to be sent to you again, please contact us.
SUPERANNUATION GUARANTEE AMNESTY
Superannuation Guarantee Amnesty ends on the 7th of September – this is your last chance to pay any missed or unpaid super guarantee for your employees without incurring any penalties. The Super Guarantee Amnesty relates to unpaid super between 1 July 1998 and 31 March 2018.
The Amnesty amounts paid prior to 7th of September will be included as a tax deduction in your 2020-2021 tax.
EMAILS TO JUNK FOLDERS
We have been having some instances where our emails have been sent straight to your Junk folders by your email program. If you are expecting emails to come in from us and cannot locate them, please check your Junk mail.
31st OCTOBER DEADLINE
We have our first tax deadline coming up on the 31st of October. Those entities that were lodged post 30/06/2020 will automatically have an October 31st deadline. We will be in touch with each client if you are on this list to collect tax gear to complete these returns by the due date.
TAXABLE PAYMENTS ANNUAL REPORTING
Any business within the following industries will need to lodge a Taxable Payments Annual Report for any contractors or sub-contractors by the 28th August 2020;
– Building & construction
– Cleaning services
– Courier & road freight services
– Information technology services
– Security, investigation and surveillance services
– Government entities
The reason behind the TPAR is to report amounts paid to contractors and sub-contractors to ensure that they are declaring their income and meeting their tax obligations. If you did not pay any contractors or sub-contractors in the 2019/2020 period, you are not required to complete the report and are instead asked to lodge a non-lodgement advice through an online form https://www.ato.gov.au/TPARnilreport/
|21 August 2020||Lodge and pay July 2020 monthly PAYG Withholding|
|25 August 2020||Lodge and pay June 2020 quarterly BAS (if lodging electronically or through Tax Agent)|
|28 August 2020||Lodge Taxable Payments Annual Report (TPAR)|
|14 September 2020||Report August JobKeeper turnover|
|21 September 2020||Lodge and Pay August 2020 monthly PAYG Withholding|
|14 October 2020||Report September JobKeeper turnover|
|28 October 2020||– Pay September 2020 quarterly Super Guarantee
– Lodge and pay September 2020 quarterly instalment notice
– Lodge and pay September 2020 quarterly BAS (if lodging by paper)
|31 October 2020||Lodge tax returns for all entities if one or more prior year returns were outstanding as at 30 June 2020|