KEY DATES-FEBRUARY 2017

Date Category Description
21 Feb 2017 Activity statements Due date for small business clients (up to $10 million turnover) who report GST monthly and lodge electronically to lodge and pay monthly activity statements for December 2016. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for December 2016.
  • PAYG withholding for December 2016 (medium withholders).
  • PAYG instalment for December 2016 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $1 billion).

* Note that these entities have two monthly activity statements due on the same day – December 2016 and January 2017.

21 Feb 2017 Activity statements Due date to lodge and pay monthly activity statements for January 2017. Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for January 2017.
  • PAYG withholding for January 2017 (medium withholders).
  • PAYG instalment for January 2017 for monthly PAYG instalment payers (corporate tax entities with instalment income (as defined) above $100 million).

* Note that the threshold for monthly PAYG instalments drops from $1 billion to $100 million from this month.

28 Feb 2017 Income tax returns Due date for all entities other than individuals, that were non-taxable large/medium entities in the latest year lodged, to lodge 2015/16 income tax returns.
The due date for companies and superannuation funds in this category to pay income tax (if required) is also 28 Feb 2017.
The due date for trusts in this category to pay income tax is the date stated on their notice of assessment.
28 Feb 2017 Income tax returns Due date for all entities other than individuals, that are new registrant taxable or non-taxable large/medium entities, to lodge 2015/16 income tax returns.
The due date for companies and superannuation funds in this category to pay income tax (if required) is also 28 Feb 2017.
The due date for trusts in this category to pay income tax is the date stated on their notice of assessment.
28 Feb 2017 Income tax returns Due date for the following entities associated with consolidated groups to lodge 2015/16 income tax returns:

  • Non-taxable head companies (including new registrants) of consolidated groups that have a member deemed to be a large/medium entity in the latest year lodged.
  • Any former members of consolidated groups that exited the group during the year of income.
  • New registrant (taxable and non-taxable) head companies of consolidated groups.
28 Feb 2017 Income tax returns Due date for new registrant (taxable or non-taxable) self-managed superannuation funds (SMSFs) to lodge 2015/16 SMSF annual returns and pay income tax.
There are special arrangements for newly registered SMSFs that do not have to lodge a return.
28 Feb 2017 Activity statements Due date to lodge and pay quarterly activity statements for the December 2016 quarter (whether lodged on paper or electronically). Tax obligations that may be payable include:

  • GST, wine equalisation tax and luxury car tax for the December 2016 quarter.
  • PAYG withholding:
    • for December 2016 (medium withholders).
    • for the December 2016 quarter (small withholders).
  • PAYG instalment for the December 2016 quarter for quarterly PAYG instalment payers (2nd quarter of the 2016/17 income year).
  • FBT instalment for the December 2016 quarter (3rd quarter of the 2016 FBT year).
28 Feb 2017 GST  Due date for entities who pay or report GST annually, who do not have an income tax return obligation, to lodge the Annual GST return or Annual GST information report for the year ended 30 June 2016.
The due date for entities that do have an income tax return obligation is the due date of the income tax return.
28 Feb 2017 PAYG instalments
GST instalments
Due date to pay quarterly PAYG and/or GST instalment notice for the December 2016 quarter (2nd quarter of the 2016/17 income year).
Due date to lodge the instalment notice if varying the instalment amount.
28 Feb 2017 Superannuation  Due date for employers who failed to pay the minimum superannuation guarantee contributions by 28 Jan 2017 to pay the superannuation guarantee charge (SGC) and lodge a Superannuation guarantee charge statement – quarterly. The SGC is not tax deductible.


NOTE:

  • If you fail to lodge your 2015/16 income tax return on time, your 2016/17 income tax return will be due 31 Oct 2017.
  • As some dates may vary, please ensure you contact the Australian Taxation Office to double check any dates in question.
  • When the due date for lodgement or payment falls on a Saturday, Sunday, or public holiday, it may be done on the next business day.