PAYG INSTALMENTS - DUE DATES

Due dates for PAYG instalments

28 July – Quarter 4 (April–June)

• instalment notices (forms R and T) – final date for payment and, if varying the instalment amount, lodgment
• finalising all your PAYG instalments before you lodge your tax return will ensure you receive the correct amount of credit in your income tax assessment.

21 October – Annual PAYG instalment notice

• final date for payment and, if using the rate method or varying the instalment amount, final date for lodgment
• if you have already received your income tax assessment, you should not vary your annual instalment.

28 October

• final date for eligible instalment reporters to elect to report annually for June balancers
• final date for notifying your quarterly PAYG instalment reporting and payment choice for the current financial income year for June balancers
• Quarter 1 (July–September) instalment notices (forms R and T) – final date for payment and, if varying the instalment amount, lodgment.

28 February – Quarter 2 (October–December)

• instalment notices (forms R and T) – final date for payment and, if varying the instalment amount, lodgment.

28 April – Quarter 3 (January–March)

• instalment notices (forms R and T) – final date for payment and, if varying the instalment amount, lodgment.

Superannuation Due Dates

We recommend that clients make payments by the 21st of the due month to ensure superannuation payments clear through the relevant clearing houses & the employees superannuation fund account. The ATO have advised that payments are not deemed to be made until the employee’s superannuation fund account has received the contribution.

It is important that employers understand this process so that the tax deductibility of the superannuation payment is not denied and that superannuation guarantee charges are not incurred. 

Single Touch Payroll (STP) Compliance

End-of-year finalisation through STP

You need to make a finalisation declaration by 14 July each year.

If you do not finalise by this date, you should do this as soon as possible to ensure your employees can access their information to complete their income tax return.

Employers with closely held payees

If you have 20 or more employees, you should be reporting closely held payees each pay day along with arms-length employees. The finalisation due date for closely held payees is 30 September each year.

For small employers (19 or fewer employees) who only have closely held payees, the due date for end-of-year STP finalisation will be the payee's income tax return due date.

For an employer with a mixture of both closely held payees and arms-length employees, the due date for end-of-year STP finalisation for closely held payees is 30 September each year. All other employees are due 14 July each year.