As we get closer to the end of the tax year, there is a lot to do to ensure you stay on top of your finances. Check out the ATO's upcoming due dates for your diary and make sure you don't miss any important deadlines.

October 28th - SUPER

Superannuation payments are required to be received by super funds by this date.  So press "pay" on this now, so it isn't deemed to be a late super payment and attract fines or penalties.
All super is due by 28th day after the end of each quarter.

October 31st - PERSONAL TAX

October 31st is the deadline for lodging your personal income tax return for the 2021/2022 year if you prepare your own tax return.
It is also the due date for ALL of your tax returns if you have multiple years outstanding.

If you use a tax agent (like Northwest Accountancy), your tax return will be due either 31st March or 15th May, depending on your income and if you had a tax bill in the last lodged tax return.

November 25th - Quarterly BAS

November 25th is the deadline for lodging and paying your July - September Business Activity Statement (BAS) for quarter 1 of the 2022-2023 financial year. 

MONTHLY BAS

Monthly BAS lodgers pay and lodge by the 21st of each month.

BUSINESS TAX RETURNS

Your business tax return will be due either 31st March or 15th May, depending on the size of your business and if you had a tax bill last year.

It’s always good to have some deadlines to work towards, so make sure to set a reminder for these dates on your phone or calendar now. It’s going to be an exciting time for you and your business this tax year – let’s do it right!

If you need help with your personal taxes, contact us today. We’re here to help you with all your accounting needs, so check out our web page dedicated to taxes to help you get started: https://www.northwestaccountancy.com.au/tax