Tax Return Due Dates

TAX RETURNS

INDIVIDUALS AND TRUST

Lodgment due date Entity description
31-October-2017 Tax return for all individuals and trusts where one or more prior year tax returns were outstanding as at 30 June 2017. Tax return for clients prosecuted for non-lodgment of prior year tax returns and advised of a lodgment due date of 31 October 2017. Note: Some prosecuted clients may have been given a different lodgment due date.
15-January-2018 Large/medium trusts (annual total income more than $10 million in latest year lodged) where the trust was taxable in latest year lodged.
28-February-2018 Large/medium trusts (annual total income more than $10 million in latest year lodged) where the trust was non-taxable in latest year lodged.
28-February-2018 New registrant large/medium trusts.
31-March-2018 Tax return for individuals and trusts whose latest return resulted in a tax liability of $20,000 or more (excluding large/medium trusts).
15-May-2018 Tax returns for all remaining individuals and trusts not required earlier and not eligible for the 5 June concession (including new registrations).

COMPANIES AND SUPERANNUATION FUNDS

Due date for lodgment Due date for payment Description
31 October 2017 1 December 2017 Entities with one or more prior year returns outstanding as at 30 June 2017.
31 October 2017 1 December 2017 Entities prosecuted for non-lodgment of prior year tax returns and advised of a lodgment due date of 31 October 2017.
31 October 2017 1 December 2017 Entities that may be required to lodge early.
1 December 2017 As per notice of assessment Companies that are not full self-assessment (NFSA) taxpayers. Note: Companies not subject to full self-assessment include agents for non-resident insurers and re-insurers, and overseas shipping companies.
15 January 2018 1 December 2017 Large/medium taxpayers whose 2016 tax return was taxable – unless required earlier.
28 February 2018 28 February 2018 Subsidiary member of a consolidated group that has exited the consolidated group in the financial year. Large/medium taxpayers whose 2016 tax return was non-taxable. This includes entities whose 2016 tax return was made not necessary by 30 June 2017. Large/medium taxpayers established between 1 July 2015 and 30 June 2016 and the 2016 tax return is not necessary and you advised us that a tax return was not necessary. New registrant large/medium taxpayers. Head companies of consolidated groups that are new registrants. Note: If the new registrant is a head company of a consolidated group, it is important to refer to Consolidated groups. In some instances, the company may need to lodge using the arrangements for a large entity. New registrant SMSF.
31 March 2018 31 March 2018 Entities with total income in the 2015–16 year of more than $2 million unless required earlier.
15 May 2018 15 May 2018 Entities that may not have an obligation to lodge. Entities who are subsidiary members of a consolidated group that has been consolidated for a full year. These clients should not have an obligation to lodge. Non-profit organisations that assess that they have a requirement to lodge and have not been allocated an earlier lodgment due date. Note: Entities must assess their obligation to lodge a tax return on an annual basis. New registrants, excluding large/medium taxpayers, head companies of consolidated groups and SMSFs. All remaining entities that are tax agent clients.
5 June 2018 5 June 2018 Tax return for companies and super funds who were non-taxable or received a credit assessment in the latest year lodged, and are actually non-taxable or receiving a credit assessment in the current year (unless due earlier) – all entities with a lodgment due date of 15 May 2018 except large/medium taxpayers or head companies of consolidated groups. Note: This is not a lodgment due date but a concessional arrangement where penalties will be waived if lodgment is made by this date.

LARGE/MEDIUM TAXPAYER

You are a large/medium taxpayer for tax return lodgment purposes if you are a:

  • company with an annual total income of more than $10 million
  • head company of a consolidated or multiple entry consolidated (MEC) group with an annual total income greater than $10 million (through the single entity rule)
  • life and general insurance company, re-insurer or friendly society, regardless of income level
  • super fund or pooled super trust that has either an annual total income greater than $10 million or investments of more than $50 million, or both
  • non-complying super fund or pooled super fund
  • trust with an annual total income greater than $10 million last year
  • full self-assessment partner of a partnership, where the partnership’s total income was over $10 million last year
  • full self-assessment taxpayer that had an annual total income of more than $10 million last year
  • taxpayer we advise to lodge as a large/medium taxpayer.

Your lodgment due date is:

31 October 2017 If one or more prior year returns are outstanding at 30 June 2017 (company and super fund payment is due 1 December 2017)
31 October 2017 Taxable large/medium taxpayer in the immediate prior year (company and super fund payment is due 1 December 2017)
28 February 2018 Non-taxable large/medium taxpayer (in the immediate prior year) and new registrant large/medium taxpayer (if required, company and super fund payment is due 28 February 2018).

The agent assessed deferral option does not apply if you have a lodgment due date of 15 January 2018. However, you can request an ATO assessed deferral.