May 2016
Tax Return Lodgement Dates
To all our Valued Clients
We outline the key dates for May 2016 Tax Return lodgements.
16 May
Lodgement due date for 2015 Income Tax returns.
Companies and trusts to lodge and pay.
Individuals may qualify for extension date of 5 June 2016 – see below
21 May
April 2016 Monthly Activity Statement – due date for lodging and paying.
26 May
March 2016 Quarterly Activity statement, due date to lodge and pay where we lodge your Statement by Electronic Lodgement Service (ELS)
28 May
2016 Fringe benefits tax annual return – due date for payment.
Due date for lodging the Superannuation guarantee charge statement – quarterly (NAT 9599) and paying the super guarantee charge for quarter 3, 2015–16 if the employer did not pay enough contributions on time.
5 June
Income Tax returns due for individuals and trusts with a lodgement due date of 15 May 2016 provided they also pay any liability due by this date.
Note: This is not a lodgement end date but a concessional arrangement where you will not have to pay failure to lodge on time (FTL) penalties if you lodge and pay by this date.
Income Tax return lodgement, including companies and super funds where the tax return is not required earlier and both of the following criteria are met:
- non-taxable or a credit assessment as at latest year lodged
- non–taxable or receiving a credit assessment in the current year.
This is for all entities with a lodgement end date of 15 May 2016, excluding large/medium taxpayers and head companies of consolidated groups.
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