Key Dates July 2024
Date | Category | Description |
---|---|---|
14 Jul 2024 | PAYG withholding | Due date for payers to issue the following types of PAYG withholding payment summaries to payees (includes employees and recipients of certain other payments)
PAYG payment summary - individual non-business for employees, company directors and office holders who received salary, wages, pension payments, compensation, allowances or reportable fringe benefits. Payment summaries for various other types of payments subject to PAYG withholding must be issued within a short period after the payment is made. Employers utilising Single Touch Payroll (STP) are not required to issue payment summaries for amounts covered by STP. |
14 Jul 2024 | Employee share schemes | Due date for providers of interests in employee share schemes (ESS interests) to provide Employee share scheme statements to employees. |
21 Jul 2024 | Activity statements | Due date for head companies of consolidated groups to lodge and pay quarterly instalment activity statements for the June 2024 quarter. |
21 Jul 2024 | Activity statements | Due date for entities that are not "deferred BAS payers" to lodge and pay monthly activity statements for June 2024. Tax obligations that may be payable include:
GST, wine equalisation tax and luxury car tax for June 2024. An entity is generally a "deferred BAS payer" for a particular month, if the entity is a small or medium withholder (total annual PAYG withholding $1m or less), is not required to pay GST monthly, and has a quarterly tax obligation due that month (e.g. FBT instalment or GST). The quarterly activity statement due date applies (28 Jul 2024, or 25 Aug 2024 if lodged electronically through an agent or the entity is an active STP reporter). |
28 Jul 2024 | Superannuation | Due date for employers to pay superannuation guarantee contributions for the June 2024 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 Aug 2024. The SGC is not tax deductible. |
28 Jul 2024 | TFN/ABN reporting | Due date for investment bodies to lodge quarterly TFN/ABN reports for the June 2024 quarter for new TFN/ABN quotations by investors. |
28 Jul 2024 | PAYG instalments GST instalments | Due date to pay quarterly PAYG and/or GST instalment notice for the June 2024 quarter (4th quarter of the 2023/24 income year).
Also due date to lodge the instalment notice if varying the instalment amount. If you have already lodged your income tax return, you should not vary your June quarter PAYG instalment. |
28 Jul 2024 | Activity statements | Due date to lodge and pay quarterly activity statements for the June 2024 quarter (if lodged on paper and the entity is not an active STP reporter). Tax obligations that may be payable include:
GST, wine equalisation tax and luxury car tax for the June 2024 quarter. The due date to lodge and pay is 25 Aug 2024 if lodged electronically through a tax agent or BAS agent or the entity is an active STP reporter. |
31 Jul 2024 | FACTA | Due date for Australian financial institutions to provide information to the ATO about US reportable accounts for FACTA purposes for the period 1 January 2023 to 31 December 2023. |
31 Jul 2024 | Venture capital | Due date to lodge Venture Capital Deficit tax returns for June balancers. |
31 Jul 2024 | TFN reporting | Due date for closely held trusts to lodge quarterly TFN reports for the June 2024 quarter for TFNs quoted to a trustee by beneficiaries. |
31 Jul 2024 | Early stage innovation | Due date to lodge Early stage innovation company reports. |