Maximize Accountants Newsletter
ATO lodgement February 2019
* Lodge and pay December 2018 monthly business activity statement for business clients with up to $10 million turnover who report GST monthly and lodge electronically.
* Lodge and pay January 2019 monthly business activity statement.
* Lodge tax return for non-taxable large/medium entities as per the latest year lodged (except individuals). Payment (if required) for companies and super funds is also due on this date. Payment for trusts in this category is due as per their notice of assessment.
*Lodge tax returns for new registrant (taxable and non-taxable) large/medium entities (except individuals). Payment (if required) for companies and super funds is also due on this date. Payment for trusts in this category is due as per their notice of assessment.
* Lodge tax return for non-taxable head company of a consolidated group, including a new registrant, that has a member who has been deemed a large/medium entity in the latest year lodged. Lodge tax return for any member of a consolidated group who exits the consolidated group for any period during the year of income.
* Lodge tax return for large/medium new registrant (non-taxable) head company of a consolidated group.
* Lodge and pay Self-managed superannuation fund annual return (NAT 71226) for new registrant (taxable and non-taxable) SMSF, unless they have been advised of a 31 October 2018 due date at finalisation of a review of the SMSF at registration.
Note: There are special arrangements for newly registered SMSFs that do not have to lodge a return – see Super lodgment.
* Lodge and pay quarter 2, 2018–19 activity statement for all lodgment methods.
Pay quarter 2, 2018–19 instalment notice (form R, S or T). Lodge the notice only if you vary the instalment amount. Annual GST return – lodge (and pay if applicable) if the taxpayer does not have a tax return lodgment obligation.
If the taxpayer does have a tax return obligation, this return must be lodged by the due date of the tax return.
* Lodge and pay quarter 2, 2018–19 Superannuation guarantee charge statement – quarterly if the employer did not pay enough contributions on time.
Employers lodging a Superannuation guarantee charge statement – quarterly can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They still have to pay the remaining super guarantee charge.
Thank you so much for taking the time to fully explain our options when it came to reducing the tax associated with our super, we would have been lost without your advice!
Just wanted to drop the team a quick thank you for taking care of my TFN problem so quickly and without any fuss. I has no idea that letting it lapse would cause so many problems with our other accounts. You guys were a lifesaver as I really had no idea what to do or what had even happened.