Tax Calendar

15 January 2019

The due date for income tax returns for companies, trusts and businesses whose taxable annual income exceeded $10 million in the previous financial year. Some companies may be advised to submit returns earlier if they have a history of failing to lodge tax returns on time in previous years (in which case, the recommended lodge date would have been October 31,2017).

21 January 2019

The first deadline for monthly PAYG activity statements falling in 2017. As the Australian tax system runs on a Pay As You Go basis where tax is automatically deducted, it’s necessary for your employer lodge monthly activity statements on the 21st of every month. These relate to the withholding of income at source for tax and superannuation (retirement fund) reasons.

Each activity statement is a month in arrears, so for the 21 January 2018 the report would be lodged for tax activities between then and the 21 December 2018.

28 February 20189

Deadline for businesses to make certain lodgings and payments relating to the December quarter of the fiscal year, for example Goods and Services Tax (GST).

28 April 2019 

Deadline for businesses to make certain lodgings and payments relating to the March quarter of the fiscal year.

15 May 2019

If you’re an individual and used a registered tax agent to help lodge your annual tax return for the financial year 2018 (1 July 2017 – 30 June 2018), this is typically the deadline they will adhere to for the submission of your return. This isn’t something you really need to concern yourself with, as hopefully the agents will take care of it for you.

30 June 2018

Official end of the 2019 financial year.

1 July 2019

The official beginning of the 2018 fiscal year. After the financial year ends, you have until the 31 October to lodge your tax return for that year - for the tax year beginning 1 July 2018 and ending 30 June 2019, you’ll have until 31 October 2019 (unless you use a registered tax agent for assistance, in which case the deadline falls later).

14 July 2019 

You should receive an annual Pay As You Go payment summary from your employer on this date. A similar summary is issued to the tax office a month after this, so make sure you receive this and check everything is in order.

16 July 2019

The estimated date for the issue of rebates from the previous financial year. The timing can differ slightly from year to year, but refunds are typically issued 2-3 days around this date.

28 July 2019

Deadline for businesses to make certain lodgings and payments relating to the June quarter of the fiscal year.

14 August 2019

The deadline for businesses to submit an annual summary of PAYG withholding, detailing all payments made to employees/additional payees and the total amounts withheld from wages and salaries.

28 August 2019

If you are in the building and construction industry and you pay contractors for building and construction services, you’ll also need to lodge a Taxable Payments Annual Report by 28 August each year.

31 October 2019

Deadline for lodging your tax return for the financial year 1 July 2018 – 30 June 2019. If you use a Registered Tax Agent like us for help the deadline is usually later, but you’ll still need to consult with them before the 2nd to avoid penalties. Alternatively, you can apply for an extension – Remember that it’s better to lodge a complete, delayed tax return than an incomplete one on time.

28 October 2019

Deadline for businesses to make certain lodgings and payments relating to the September quarter of the fiscal year.

21 December 2019

Deadline for your employer to submit the November PAYG activity statement for their payees, and the final tax date for 2019.