From 1 July 2022, employers will be required to make super guarantee contributions to their eligible employee’s super fund regardless of how much the employee is paid. Employees must still satisfy other super guarantee eligibility requirements.
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On 6 October 2020, the Australian Government introduced personal income tax cuts as part of the 2020–21 Budget
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Paying superannuation to your employees is an important part of being an employer.
If you miss a payment, super guarantee charge (SGC) may apply, and you will need to lodge an SGC statement the following month.
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The Australian Taxation Office (ATO) is warning taxpayers to be alert for scammers impersonating the ATO, as they change tactics in 2019.
see the link below for more information from the ATO
https://www.ato.gov.au/Media-centre/Media-releases/New-year,-new-scam/
| Quarter | Due date |
|---|---|
| 1 – July, August and September | 28 October |
| 2 – October, November and December | 28 February |
| 3 – January, February and March | 28 April |
| 4 – April, May and June | 28 July |
Similarly, if you pay late, the ATO can impose interest penalties on any amounts owing after the due date.
If you’ve been following the news, you may know that Australian lawmakers are poised to require that all employers use Single Touch Payroll starting in July. Even micro-businesses – those with one to four staff – will be required to electronically lodge every pay run with the ATO.
click the link to find out more.
https://www.xero.com/blog/2019/02/new-stp-for-smallest-employers/
21 SEPTEMBER
Lodge August monthly BAS
21 OCTOBER
Lodge September monthly BAS
28 OCTOBER
Pay Superannuation Guarantee contributions for July- September
31 OCTOBER
Lodge personal income tax returns if you are not using a tax agent
21 NOVEMBER
Lodge October monthly BAS
The measure to extend the Single Touch Payroll (STP) regime to small employers (with 19 or less employees) has yet to be passed by Parliament, leaving small business owners with less time to prepare, should it go through. With a start date of 1 July 2019, smaller employers should have an eye to ensuring their business is positioned to adopt an STP solution by this date. For most employers this will involve using STP-compliant software. The main players in the small-to-medium business space (Xero, MYOB, Reckon, Intuit), are all currently STP-enabled. You should consult your bookkeeper or accountant on how you can position your business to be STP-compliant by the anticipated 1 July 2019 start date
https://www.austbook.net
Super Due Dates
Please see below for Super due dates for 2017
