|These dates are from the ATO website and do not take into account possible extensions.
BAS/IAS Monthly Lodgement – July Activity Statement: 21st August 2020 final date for lodgement and payment.
1st Quarter of FY 2021: BAS Lodgement – September Quarter 2020 (including PAYGI) 28th October, 2020 final date for lodgement & payment
When a due date falls on a Saturday, Sunday or Public Holiday, you can lodge or pay on the next business day.
A public holiday is a day that is a public holiday for the whole of any state or territory in Australia
Due date for super guarantee contributions, for:
4th Quarter of FY 2020, April to June 2020 – contributions must be in the fund by 28th July 2020.
1st Quarter of FY 2021, July to September 2020 – contributions must be in the fund by 28th October 2020.
Late payments of superannuation are not tax deductible.
Note that the deduction is allowed in the year that the payment is made. Therefore, for the fourth quarter, if the business wants to claim the tax deduction in the same financial year as the SGC is incurred, the payment must be received into the super fund by that 30 June.
Refer to the ATO for details regarding any SGC charges applicable if not paid by due date.
SG Amnesty is currently available for late/ overdue super up to March 2018. Please note this Amnesty finishes on 7th September 2020.
If your business has late/overdue superannuation guarantee payments and you are unsure the correct process of how to proceed in regards to this, please contact the ATO to discuss.