Key Due Dates - January 2022

Welcome to 2022 and Happy New Year - we trust you had an enjoyable Festive holiday break. This is a friendly reminder of the upcoming key due dates for small-to-medium sized businesses in January 2022.

Key Due Dates - Calendar: January 2022

17 January 2022
Category Description

Income Tax

  • Due date for All Entities other than Individuals, that were taxable large/medium entities in the latest year lodged, to lodge 2020/21 Income Tax Returns, unless required earlier.
  • Due date for Companies and Superannuation Funds in this category to pay Income Tax was 1 December 2021.
  • Due date for Trusts in this category to pay Income Tax is the date stated on their Notice of Assessment.

  • Agents cannot 'self-assess' a lodgement deferral from this date or assume a later date for lodgement on the basis that the taxpayer will be non-taxable in the current year.
Income Tax Returns

Due date for taxable Head Companies of Consolidated Groups (including new registrants) that have a member deemed to be a large/medium entity in the latest year lodged, to lodge 2020/21 Income Tax Returns, unless required earlier.

The due date for these entities to pay Income Tax was 1 December 2021.

21 January 2022
Category Description
Activity Statements

Due date to lodge and pay Monthly Activity Statements - December 2021.

Tax obligations that may be payable include:

  • GST, Wine Equalisation Tax, and Luxury Car Tax for December 2021
  • PAYG Withholding for December 2021 (Medium Withholders)
  • PAYG Instalment for December 2021 for Monthly - PAYG Instalment payers
Activity Statements

Due date for Head Companies of Consolidated Groups to lodge and pay Quarterly - Instalment Activity Statements for the December 2021 Quarter

28 January 2022
Category Description
Superannuation

Due date for employers to pay Superannuation Guarantee Contributions for the December 2021 quarter.

Employers who fail to pay the minimum Superannuation Guarantee Contributions by this date must pay the Superannuation Guarantee Charge (SGC) and lodge a 'Superannuation Guarantee Charge Statement - Quarterly' by 28 February 2022.

The SGC is not tax deductible.

TFN / ABN Reporting

Due date for Investment Bodies to lodge Quarterly - TFN/ABN Reports for the December 2021 Quarter for new TFN/ABN quotations by investors.

 

31 January 2022
Category Description
TFN/ABN Reporting Due date for Closely-Held Trusts to lodge Quarterly - TFN Reports for the December 2021 quarter for TFNs quoted to a trustee by beneficiaries. 

For More Information 

For more information or assistance in these matters, please contact the Archer Gowland Redshaw office to speak with our team of advisers on (07) 3002 2699.

 

** Please note, the above dates have been amended where they fall on a weekend or public holiday.

Aisha Thomas

Written by Aisha Thomas

Aisha is a fully-qualified Business Services Manager, with over 12 years’ experience working within the Accounting industry. In her role with Archer Gowland Redshaw, Aisha specialises in providing tailored accounting, taxation, and strategic business advice to SMEs and high-net wealth individuals – helping clients to achieve their best financial and business outcomes.