Tax Dates Australia

At The Field Group - Accounting we are committed to ensuring you're prepared and up to date with key financial dates. Please take note of the following key dates and cut-offs for businesses with employees including BAS, PAYG and Superannuation obligations.

July 2020

1 July 2020 – Individual income tax returns due from now until 31 October if preparing and lodging yourself.

14 July 2020 – Employers must issue PAYG withholding payment summaries to employees by today.

14 July 2020 – JobKeeper June Declaration due.

21 July 2020 – Lodge and pay June BAS (if you lodge monthly).

21 July 2020 – Annual payroll reconciliation needs to be lodged and any further liability paid by this date

28 July 2020 – Lodge and pay Q4 (April – June) BAS (if you lodge quarterly).

28 July 2020 – Super guarantee contributions for Q4 (April – June) is due by today.

August 2020

7 Aug 2020 – Lodge monthly payroll tax return for registered Victorian workers

14 Aug 2020 – PAYG withholding payment summary annual report is due.

14 Aug 2020 – JobKeeper July Declaration due.

21 Aug 2020 – Lodge and pay July BAS (if you lodge monthly).

25 Aug 2020 – Lodge and pay quarter 4, 2019–20 activity statement if you lodge electronically.

September 2020

7 Sept 2020 – Lodge monthly payroll tax return for registered Victorian workers

14 Sept 2020 – JobKeeper August Declaration Due.

21 Sept 2020 – Lodge and pay August BAS (if you lodge monthly).

October 2020

7 Oct 2020 – Lodge monthly payroll tax return for registered Victorian workers

14 Oct 2020 – JobKeeper September Declaration Due

21 Oct 2020– Lodge and pay September BAS (if you lodge monthly).

28 Oct 2020 – Lodge and pay your Q1 (July – Sept) BAS (if you lodge quarterly).

28 Oct 2020 – Super guarantee contributions for Q1 (July – Sept) is due by today.

31 Oct 2020 – Last day to submit individual income tax returns.

November 2020

7 Nov 2020 – Lodge monthly payroll tax return for registered Victorian workers

21 Nov 2020 – Lodge and pay October BAS (if you lodge monthly).

25 Nov 2020 – Lodge and pay quarter 1, 2020–21 activity statement if you lodge electronically.

December 2020

7 Dec 2020 – Lodge monthly payroll tax return for registered Victorian workers

21 Dec – Lodge and pay November BAS (if you lodge monthly).

January 2021

7 Jan 2021 – Lodge monthly payroll tax return for registered Victorian workers

21 Jan 2021 – Lodge and pay December BAS (if you lodge monthly).

28 Jan 2021 – Super guarantee contributions for Q2 (Oct – Dec) is due by today.

February 2021

7 Feb 2021 – Lodge monthly payroll tax return for registered Victorian workers

21 Feb 2021 – Lodge and pay January BAS (if you lodge monthly).

28 Feb 2021 – Lodge and pay Q2 (Oct– Dec) BAS (if you lodge quarterly).

March 2021

7 Mar 2021 – Lodge monthly payroll tax return for registered Victorian workers

21 Mar 2021 – Lodge and pay February BAS (if you lodge monthly).

April 2021

7 Apr 2021 – Lodge monthly payroll tax return for registered Victorian workers

21 Apr 2021 – Lodge and pay March BAS (if you lodge monthly).

28 Apr 2021 – Lodge and pay Q3 (Jan– March) BAS (if you lodge quarterly).

28 Apr 2021 – Super guarantee contributions for Q3 (Jan- Mar) is due by today.

May 2021

7 May 2021 – Lodge monthly payroll tax return for registered Victorian workers

15 May 2021– Company income tax returns due for lodgement and payment

15 May 2021 – Partnership & Trust Income tax returns due for lodgement

15 May 2021 – Individual income tax returns due for lodgement if using a tax agent

21 May 2021 – Lodge and pay April BAS (if you lodge monthly).

21 May 2021 – The Fringe Benefit Tax return is due by today if you lodge by paper.

26 May 2021 – Lodge and pay quarter 3, 2020–21 activity statement if you lodge electronically.

28 May 2021 – The Fringe Benefit Tax return is due by today if you lodge electronically.

*Note: The FBT tax year runs from 1 April to 31 March.

June 2021

7 Jun 2021 – Lodge monthly payroll tax return for registered Victorian workers

21 Jun 2021 – Lodge and pay May BAS (if you lodge monthly).

25 Jun 2021 – FBT Return Due

30 Jun 2021 – Prepare for end of financial year and wrap up your books for the 2020/21 year.

When is the start and end of financial year?

The current financial year began on 1 July 2020 and ends on the 30 June 2021

What is end of financial year?

The term end of financial year or (EOFY) refers to the completion of a one-year or 12-month accounting period. The financial year is the period used for calculating annual financial statements. A businesses financial year in Australia typically differs from the calendar year, and does not close on December 31.

Tax Tips

To help our clients prepare for their financial year tax lodgements, we've created a handful of helpful tax tip guides. They cover common topics and tax issues that arise each year as well as newer issues such as cryptocurrency and gig economy income.

Tax Tips For Small Business

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Tax Tips For Employees

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Tax Tips For Investors

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Tax Tips For Students

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