Accounting 4 Business, Accountants, Gungahlin, ACT

• large withholders (total annual PAYG withholding more than $1m).
• small and medium withholders who don't have a tax agent or BAS agent involved in preparing the report.

Types of payment summaries that may need to be reported include:

• PAYG payment summary - individual non-business.
• PAYG payment summary - foreign employment.
• PAYG payment summary - business and personal services income.
• PAYG payment summary - superannuation income stream.
• PAYG payment summary - superannuation lump sum.
• PAYG payment summary - employment termination payment.

Small and medium withholders who use a tax agent or BAS agent to prepare this report can lodge by 30 Sep 2018 (if payees include unrelated persons) or the due date of their tax return (if closely held payees only).

• GST, wine equalisation tax and luxury car tax for July 2018.
• PAYG withholding for July 2018 (medium withholders).
• PAYG instalment for July 2018 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).

• GST, wine equalisation tax and luxury car tax for the June 2018 quarter.
• PAYG withholding:
  • for June 2018 (medium withholders).
  • for the June 2018 quarter (small withholders).
  • for the year ended 30 June 2018, from employee share schemes amounts where the employee did not quote a TFN or ABN.
  • for the year ended 30 June 2018 by investment bodies, from accrued gains on deferred interest securities where the investor did not quote a TFN.
• PAYG instalment for the June 2018 quarter for quarterly PAYG instalment payers (4th quarter of the 2017/18 income year).
• FBT instalment for the June 2018 quarter (1st quarter of the 2019 FBT year).

The due date to lodge and pay is 28 Jul 2018 if lodged on paper.