Blog

Home > Accounting Advice  > ATO Important Dates January 2016

ATO Important Dates January 2016

As per ATO Dates – January

The following are the important ATO dates for January 2016

15 January

Tax return for taxable large/medium entities as per the latest year lodged (all entities other than individuals) – due date for lodging, unless required earlier.

Payment for large/medium entities with a 15 January due date is:

1 December 2015 for companies and super funds
as stated on their notice of assessment for trusts.

Note: You cannot self-assess a lodgment deferral from this date or assume a later date for lodgment on the basis that the taxpayer will be non-taxable in the current year.

Tax return for the taxable head company of a consolidated group (including new registrants) that has a member who has been deemed a large/medium entity in the latest year lodged – due date for lodging unless required earlier.

Payment was due 1 December 2015.

21 January

Quarterly PAYG instalment activity statement, quarter 2, 2015–16 for head companies of consolidated groups – due date for lodging and paying.

December 2015 monthly business activity statement – due date for lodging and paying except for small business clients (that is up to $10 million turnover) who report GST monthly and lodge electronically.

28 January

Super guarantee contributions for quarter 2, 2015–16 – employers must make contributions to the fund by this date.

Employers who do not pay minimum super contributions for quarter 2 by this date must pay the super guarantee charge and lodge a Superannuation guarantee charge statement – quarterly (NAT 9599) with us by 28 February 2016.

Note: The super guarantee charge is not tax deductible.

31 January

TFN report for closely held trusts for TFNs quoted to a trustee by beneficiaries in quarter 2, 2015–16.