Key dates July 2016

It is the reporting season and there are a few key dates that any business owner or manager should be aware off.

14 Jul	PAYG withholding	Payers must issue PAYG withholding payment summaries to payees (that is, employees and other workers).
21 Jul	Activity statements	June monthly activity statements – final date for lodgment and payment.
28 Jul	Activity statements	Quarter 4 (April-June) activity statements – final date for lodgment and payment. Finalising all your PAYG instalments before you lodge your tax return will ensure you receive the correct amount of credit in your income tax assessment.
28 Jul	PAYG instalments	Quarter 4 (April-June) instalment notices (forms R and T) – final date for payment and, if varying the instalment amount, lodgment. Finalising all your PAYG instalments before you lodge your tax return will ensure you receive the correct amount of credit in your income tax assessment.
28 Jul	GST instalments	Quarter 4 (April-June) instalment notices (forms S and T) – final date for payment and, if varying the instalment amount, lodgment.
28 Jul	Superannuation	Due date for payment of super guarantee contributions for quarter 4 (1 April – 30 June) in the previous financial year – contributions to be made to the fund by this date. If you do not pay minimum super contributions for quarter 4 by this date, you must pay the super guarantee charge and lodge a Superannuation guarantee charge statement – quarterly with us by28 August . The super guarantee charge is not tax deductible.
31 Jul	TFN report	Quarter 4 (April-June) TFN report for closely held trusts for TFNs quoted to a trustee by beneficiaries – final date for lodgment.

If you are using our services – Tax Agent Peter Mansour & Co you have till the 28th August 2016 to submit your April to June 2016 Business Activity Statement