If you’ve fallen behind with your tax lodgements – the window to lodge without late fines is closing.
If eligible overdue forms are lodged between 1 June 2023 and 31 December 2023, any failure to lodge penalty applying to the late lodgment will be remitted.
There really is little time left before everyone packs up for the year – act now!
We know December can get a bit crazy – lucky there aren’t too many deadlines to worry about.
What time is it?
Time to panic!!
The September quarter BAS needs to be lodged TODAY if you want to avoid fines.
Can’t pay it all? Make a payment arrangement.
Late lodgement will breach the terms of any payment plan you have in place with the ATO, and may make it harder to apply for one in the future.
For our clients, it will also mean our annual authority to file STP on your behalf is not valid.
So no more mucking around!
Have you marked all the key November dates in your calendar?
Get ready for celebrations and deadlines throughout the month.
This is not the time for last minute shenanigans, its time for action!
We have been beavering away on BAS preparations, make sure you to respond to our emails.
We need responses this week so we can lodge September quarter BAS by 25th November (or you risk being fined by the ATO).
The sooner we are able to prepare the BAS, the sooner you’ll be able to project your cashflow.
July-September super contributions, at the new rate of 11%, must be received (by fund) by 28th October.
Severe penalties will apply for late payments.
Don’t forget you need to lodge and pay your August IAS this Thursday 21st September (if you are a monthly lodger).
A nice quiet month. Take a breather.
Monthly lodgers will need to submit August IAS by 21st September, other than that, prepare for the end of another quarter.
If you have a construction, cleaning, IT, freight/courier or security business you need to report payments made for service to your subcontractors to the ATO.
This is one of the submissions that won’t cost you any money (assuming you lodge on time, otherwise expect a fine).
Construction is very broad – it includes engineering services, architects, communications construction, landscaping, retaining walls, swimming pool installation and wallpapering.
Need a hand to get the paperwork in by 28th August? Ask us to help.
It’s time to make sure your June quarter BAS has been lodged and paid (or a payment plan arranged).
Not in the mood? Late lodgement fines, defaulting on existing payment plans and your BAS agent is no longer allowed to file your payroll STP with their annual authority, its probably easier just to do a spot of adulting and lodge the thing.
Suspect you’re not really capable of nailing it? Get a tax or BAS agent to assist (you also get a big longer until the payment is due – win!).
