Accounting 4 Business, Accountants, Gungahlin, ACT

Due date for entities that are not "deferred BAS payers" to lodge and pay monthly activity statements for September 2018. Tax obligations that may be payable include:

• GST, wine equalisation tax and luxury car tax for September 2018.
• PAYG withholding:
  • for September 2018 (medium withholders).
  • for the September 2018 quarter (small withholders).
• PAYG instalment:
  • for September 2018 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).
  • for the September 2018 quarter for quarterly PAYG instalment payers (1st quarter of the 2018/19 income year).
• FBT instalment for the September 2018 quarter (2nd quarter of the 2019 FBT year).

An entity is generally a "deferred BAS payer" for a particular month, if the entity is a small or medium withholder (total annual PAYG withholding $1m or less), is not required to pay GST monthly, and has a quarterly tax obligation due that month (e.g. FBT instalment or GST). The quarterly activity statement due date applies to these entities (28 Oct 2018, or 25 Nov 2018 if lodged electronically through an agent).

Due date to lodge and pay quarterly activity statements for the September 2018 quarter (if lodged on paper). Tax obligations that may be payable include:

• GST, wine equalisation tax and luxury car tax for the September 2018 quarter.
• PAYG withholding:
  • for September 2018 (medium withholders).
  • for the September 2018 quarter (small withholders).
• PAYG instalment for the September 2018 quarter for quarterly PAYG instalment payers (1st quarter of the 2018/19 income year).
• FBT instalment for the September 2018 quarter (2nd quarter of the 2018 FBT year).

The due date to lodge and pay is 25 Nov 2018 if lodged electronically through a tax agent or BAS agent.

Due date for entities subject to PAYG withholding to lodge the following annual reports for the year ended 30 June 2018:

• PAYG withholding where ABN not quoted - annual report.
• PAYG withholding from interest, dividend and royalty payments paid to non-residents - annual report.
• PAYG withholding annual report - payments to foreign residents.
• PAYG withholding annual report - natural resource payments to foreign residents (to be lodged as a letter). 

Due date for the following entities to lodge quarterly reports for the September 2018 quarter:

• Investment bodies TFN/ABN reports for new TFN/ABN quotations by investors.
• Closely held trusts TFN reports for TFNs quoted to a trustee by beneficiaries.

Due date for the following entities to lodge the Annual investment income report (AIIR) for the year ended 30 June 2018:

• Investment bodies with 10 or more investments accepted.
• Investment bodies with less than 10 investments accepted, where TFN withholding has occurred.

If there is no requirement to lodge the AIIR, investment bodies that are companies may still be required to lodge a Dividend and interest schedule with their 2016/17 income tax returns.