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BAS Due Dates

Having a hard time remembering when stuff is due? You’ve got a lot to do in business and if your accountant isn’t reminding you, it’s easy to forget the heap of things you’ve got to submit as the tax office middle man. But late lodgement is one of the 4 common mistakes small business makes with the ATO, so bookmark this page it’s got every date you need to know including BAS due dates 2019 and BAS due dates 2020.

When is my Business Activity Statement (BAS) due?

If you're on a quarterly reporting cycle your BAS is due per the table below.

Header

Electronic Lodgement

paper Lodgement

July - ​Septem​ber

25 November

28 October

October - December

28 February

28 February

January - March

25 May

28 April

April - June

25 August

28 July

When is my Pay As You Go Withholding (PAYGW) Due?

If you withhold more than $20,000 in PAYG Withholding in a year, you're most likely required to lodge monthly Instalment Activity Statements (IAS).  These statements are due by the 21st of the following month (except the last month of each quarter - that PAYGW is on the quarterly BAS).

When is my tax return due?

Individuals

  • No Tax Agent or have overdue returns? 31 October 2019
  • $20,000 or more tax payable last year + no overdue returns? 31 March 2020
  • Use a Tax Agent + have no overdue returns + < $20,000 payable last year? 15 May 2020

Companies 

  • Not a large tax payer or part of consolidated group = 15 May 2020

When is Superannution Due?

Quarter

Due 

July - ​Septem​ber

28 October

October - December

28 January

January - March

28 April

April - June

28 July

warning! pay on time!

  • Superannuation received by the super fund after the due date is NOT TAX DEDUCTIBLE to you
  • If you don’t pay your super contributions on time, you must pay a super guarantee charge and lodge a Superannuation Guarantee Charge Statement within 28 days of the due date for that quarter
  • The Superannuation Guarantee Charge is NOT TAX DEDUCTIBLE
  • Unpaid Super automatically and immediately becomes a personal liability of the directors through an instrument called a Directors Penalty Notice – a company structure (the corporate veil) does not protect you.  This means the tax office can pursue you personally for these amounts including selling up assets in your name (e.g your house!) and bankrupting you

Conclusion

Submitting and paying your taxes on time isn't just good corporate citizenship, it can stop you from becoming personally liable for debts of the business, and it reduces the Tax Office risk assessment of your business. So now you know the BAS due dates, make sure you submit and pay on time. If you need a hand, let us know.

Which dates do you always forget? 



BAS Due Dates