2024/25 Financial Year
Get organised and never miss a deadline with our summary of Important Accounting Dates for the 2024/25 Financial Year.
Be sure to contact the team of expert tax accountants at The Quinn Group for help and advice with preparing and meeting your lodgement and payment obligations. Submit an online enquiry or call us on (02) 9223 9166 to schedule an appointment.
JULY
| 7 July 2024 |
No monthly payroll tax lodgement and payment due for June – completed as part of annual reconciliation due later this month (NSW businesses who pay/lodge monthly)
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| 14 July 2024 | STP (Single Touch Payroll) End-of-year finalisation is due for most employers. An extension may apply for employers with closely held payees. |
| 21 July 2024 | June monthly business activity statement is due |
| 21 July 2024 | June Quarter PAYG Instalment Activity Statement payment and lodgement due |
| 28 July 2024 | June Quarter BAS is due (if NOT lodged by tax/BAS agents) |
| 28 July 2024 | June Quarter Superannuation Contributions must be received by the funds |
| 28 July 2024 | June Quarter PAYG Instalment notice payment due (form R, S or T). Lodge notice only if you vary the instalment amount. |
| 29 July 2024 | 2023/24 NSW Payroll Tax annual reconciliation lodgement and payment due |
| 31 July 2024 | NSW Long Service Leave Annual Employer Returns due to Long Service Corporation (Building & Construction Industry) |
AUGUST
| 7 August 2024 | Monthly payroll tax lodgement and payment due for July (NSW businesses who pay/lodge monthly) |
| 14 August 2024 | PAYG withholding payment summary annual report lodgement due (if annual withholding > $1million or no BAS/tax agent) |
| 21 August 2024 | July monthly business activity statement is due |
| 28 August 2024 | June Quarter BAS is due (if lodged electronically by tax/BAS agents) |
| 28 August 2024 | Lodge Taxable Payments Annual Report (TPAR) |
| 28 August 2024 |
Lodge and pay June Qtr Superannuation guarantee charge statement if the business did not pay enough contributions on time.
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SEPTEMBER
| 7 September 2024 | Monthly payroll tax lodgement and payment due for August (NSW businesses who pay/lodge monthly) |
| 21 September 2024 | August monthly business activity statement is due |
| 30 September 2024 |
PAYG withholding payment summary annual report lodgement due (if prepared by BAS/tax agent. excl. if annual withholding > $1million)
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| 30 September 2024 |
Lodge Annual TFN withholding report 2024 (if a trustee of a closely held trust has been required to withhold amounts from payments to beneficiaries)
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OCTOBER
| 7 October 2024 | Monthly payroll tax lodgement and payment due for September (NSW businesses who pay/lodge monthly) |
| 21 October 2024 |
Annual PAYG instalment notice – final date for payment and, if using the rate method or varying the instalment amount, final date for lodgement
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| 21 October 2024 | September monthly business activity statement is due |
| 21 October 2024 | September Quarter PAYG Instalment Activity Statement payment and lodgement due |
| 28 October 2024 | September Quarter BAS is due (if NOT lodged by tax/BAS agents) |
| 28 October 2024 | September Quarter Superannuation Contributions must be received by the funds |
| 28 October 2024 | September Quarter PAYG Instalment notice payment due (form R, S or T). Lodge notice only if you vary the instalment amount. |
| 28 October 2024 |
Lodge and pay annual activity statement for TFN withholding for closely held trusts where a trustee withheld amounts to beneficiaries within the 2023/24 income year.
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| Before 31 October 2024 | Register as a client in order to be eligible for later lodgement of 2024 Income Tax Return |
| 31 October 2024 | PAYG withholding annual report – final date for lodgement for payments to foreign residents |
NOVEMBER
| 7 November 2024 | Monthly payroll tax lodgement and payment due for October (NSW businesses who pay/lodge monthly) |
| 21 November 2024 | October monthly business activity statement is due |
| 25 November 2024 | September Quarter BAS is due (if lodged by tax/BAS agents) |
| 28 November 2024 |
Lodge and pay September Qtr Superannuation guarantee charge statement if the business did not pay enough contributions on time.
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DECEMBER
| 1 December 2024 |
Income tax for taxable large/medium taxpayers, companies and super funds is payable. Lodgement of return is due 31 January 2025
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| 1 December 2024 | Income tax for companies and super funds is payable when lodgement of return was due 31 October 2024 |
| 8 December 2024 | Monthly payroll tax lodgement and payment due for November (NSW businesses who pay/lodge monthly) |
| 21 December 2024 | November monthly business activity statement is due |
| 31 December 2024 | NSW Land tax year ends |
JANUARY
| 8 January 2025 | Monthly payroll tax lodgement and payment due for December (NSW businesses who pay/lodge monthly) |
| 21 January 2025 |
December monthly business activity statement is due (except for business clients with up to $10 million turnover who report GST monthly and lodge electronically)
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| 21 January 2025 | December Quarter PAYG Instalment Activity Statement payment and lodgement due |
| 28 January 2025 | December Quarter Superannuation Contributions must be received by the funds |
| 31 January 2025 |
Income tax lodgement of return for taxable large/medium entities (all entities other than individuals) is due, unless required earlier.
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| 31 January 2025 | Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 2, 2024–25 |
FEBRUARY
| 7 February 2025 | Monthly payroll tax lodgement and payment due for February (NSW businesses who pay/lodge monthly) |
| 21 February 2025 |
December 2024 monthly business activity statement is due for business clients with up to $10 million turnover who report GST monthly and lodge electronically
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| 21 February 2025 | January monthly business activity statement is due |
| 28 February 2025 | December Quarter BAS is due (for all lodgement methods) |
| 28 February 2025 | December Quarter PAYG Instalment notice payment due (form R, S or T). Lodge notice only if you vary the instalment amount. |
| 28 February 2025 |
Lodge and pay December Quarter Superannuation guarantee charge statement if the business did not pay enough contributions on time.
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MARCH
| 7 March 2025 | Monthly payroll tax lodgement and payment due for February (NSW businesses who pay/lodge monthly) |
| 21 March 2025 | February monthly business activity statement is due |
| 31 March 2025 |
Tax return for individuals and trusts whose latest return resulted in a tax liability of $20,000 or more (excluding large/medium trusts) is due
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| 31 March 2025 | 2025 Fringe Benefits Tax year ends |
APRIL
| 8 April 2025 | Monthly payroll tax lodgement and payment due for March (NSW businesses who pay/lodge monthly) |
| 21 April 2025 | March monthly business activity statement is due |
| 21 April 2025 | March Quarter PAYG Instalment Activity Statement payment and lodgement due |
| 28 April 2025 | March Quarter BAS is due (if NOT lodged by tax/BAS agents) |
| 28 April 2025 | March Quarter PAYG Instalment notice payment due (form R, S or T). Lodge notice only if you vary the instalment amount. |
| 28 April 2025 | March Quarter Superannuation Contributions must be received by the funds |
| 30 April 2025 | Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 3, 2024–25 |
MAY
| 7 May 2025 | Monthly payroll tax lodgement and payment due for April (NSW businesses who pay/lodge monthly) |
| 15 May 2025 | 2024 Tax Returns due for all entities that did not have to lodge earlier. Due date for companies and super funds to pay if required. Note: Individuals and trusts in this category pay as advised on their notice of assessment. |
| 21 May 2025 | April monthly business activity statement is due |
| 21 May 2025 | 2025 Fringe Benefits Tax lodgement and payment due (if not lodged electronically by a tax agent) |
| 21 May 2025 | Final dates for appointing a tax agent for an FBT role is due |
| 26 May 2025 | March Quarter BAS is due (if lodged by tax/BAS agent) |
| 28 May 2025 |
Lodge and pay March Quarter Superannuation guarantee charge statement if the business did not pay enough contributions on time.
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JUNE
| 7 June 2025 | Monthly payroll tax lodgement and payment due for May (NSW businesses who pay/lodge monthly) |
| 21 June 2025 | May monthly business activity statement is due |
| 25 June 2025 | 2025 Fringe Benefits Tax lodgement due (if lodged electronically by tax agent) |
| 30 June 2025 |
June Quarter Superannuation Contributions must be received by a super fund by this date to qualify for a tax deduction in 2024 financial year
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| 30 June 2025 | 2023-24 tax returns must be lodged for anyone who receives the Child Care Subsidy and Family Tax Benefit payments |
