Key Due Dates - September 2021

This is a friendly reminder of the upcoming key due dates for SME business in September 2021:

21 September 2021
Category Description
Activity Statements

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

Tax obligations that may be payable include:

  • GST, Wine Equalisation, Luxury Car Tax for August 2021
  • PAYG Withholding for August 2021 (Medium Withholders)
  • PAYG Instalment for August 2021 for monthly PAYG Instalment payers

 

30 September 2021
Category Description
PAYG Withholding

Due date for small and medium withholders (total annual PAYG Withholding $1 million or less) to lodge the PAYG Payment Summary Statements for the Year to 30 June 2021, if they use a Tax Agent or BAS Agent to prepare the report and payees include unrelated persons.

Types of Payment Summaries that may need to be reported include:

  • PAYG Payment Summary - Individual Non-Business
  • PAYG Payment Summary - Foreign Employment
  • PAYG Payment Summary - Business & Personal Services Income
  • PAYG Payment Summary - Superannuation Income Stream
  • PAYG Payment Summary - Superannuation Lump Sum
  • PAYG Payment Summary - Employment Termination Payment

Small and medium withholders who use a Tax Agent to prepare this report can lodge by the due date of the Tax Return, if they have closely held payees only. Employers using Single Touch Payroll (STP) are not required to provide an annual report for amounts covered by STP.

TFN Reporting

Due date for Trustees of Closely Held Trusts to lodge the Annual TFN Withholding Report for the Year to 30 June 2021 if amounts have been withheld from payments to 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.

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.