Important Tax Dates and Obligations Q4 2020

Key tax & lodgment dates for the October-December quarter 2020

21 October

Lodge and pay September 2020 monthly business activity statement.

28 October

Make super guarantee contributions for the September 2020 quarter to funds by this date.

31 October

• Final date for taxpayers to lodge their income tax returns where they are using a tax agent.

• Final date to add new clients to Tax Agent client list to ensure their 2020 tax return is covered by the concessional lodgment program.

• Lodge tax returns for all entities if one or more prior year returns were outstanding as at 30 June 2020.

Note: This means all prior year returns must be lodged, not just the immediate prior year.

If all outstanding prior year returns have been lodged by 31 October 2020, the lodgment program due dates will apply to the 2020 tax return.

21 November

Lodge and pay October 2020 monthly business activity statement.

25 November

Lodge and pay September 2020 quarter activity statement if you lodge electronically.

1 December

• Pay income tax for taxable large/medium taxpayers, companies and super funds. Lodgment of return is due 15 January 2021.

• Pay income tax for companies and super funds when lodgment of the tax return was due 31 October 2020.

21 December

Lodge and pay November 2020 monthly business activity statement.

 


Published : 19 Oct 2020

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