Due date for entities that are not “deferred BAS payers” to lodge and pay monthly activity statements for June 2020. Tax obligations that may be payable include:
- GST, wine equalisation tax and luxury car tax for June 2020.
- PAYG withholding:
- for June 2020 (medium withholders).
- for the June 2020 quarter (small withholders).
- for the year to 30 June 2020, from employee share schemes amounts where the employee did not quote a TFN or ABN.
- for the year to 30 June 2020 by investment bodies, from accrued gains on deferred interest securities where the investor did not quote a TFN.
- PAYG instalment:
- for June 2020 for monthly PAYG instalment payers.
- for the June 2020 quarter for quarterly PAYG instalment payers (4th quarter of the 2019/20 income year).
- FBT instalment for the June 2020 quarter (1st quarter of the 2021 FBT year).
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 2020, or 25 Aug 2020 if lodged electronically through an agent).