Tax time planner for small business

Everything you need to know to stay ATO compliant

Select a date to find out what you need to do this tax time

January 21

Lodge and pay your quarterly PAYG statement!

Make sure you get everything ready for the 21st, which is the send date for all lodgement methods.

To do

  • Lodge and pay your PAYG instalment activity statement for the second quarter of the 2016-17 year.

January 28

Super guarantee contributions for the second quarter are due

To do

  • Pay super guarantee contributions for the second quarter of 2016-17

February 28

Time for quarterly activity statements

Get all the paperwork in order! It’s time to prepare and lodge your quarterly activity statement.

To do

  • Make sure everything is ready for lodging and paying your quarterly activity statement for the second quarter of the 2016-17 year. 
  • Did you pay your super guarantee charge last month? If not, it’s due on this date as well.

March 21

Get your monthly activity statement ready

Make sure you get everything ready for the 21st, which is the lodgement date for monthly activity statements.

To do

  • Lodge and pay February 2017 monthly activity statement, if you pay them monthly instead of quarterly.

April 21

Time for quarterly activity statements.

Get all the paperwork in order! It's time to prepare and lodge your quarterly activity statement.

To do

  • Lodge and pay quarterly PAYG instalment activity statement for Quarter 3, 2016–17

April 28

Time for quarterly activity statements

Quarterly activity statements and super charges due.

Once again, it’s time to make sure your quarterly activity statements are due.

Make sure you keep this regular date in your calendar to ensure all your paperwork is up to date by the time the next quarter’s deadline arrives.

To do

  • Lodge and pay the quarterly activity statement for the third quarter of 2016-2017
  • Make your super guarantee contributions for the third quarter

May 28

FBT due today.

Fringe Benefits Tax (FBT) is a tax payable by employers for benefits paid to an employee.

The fringe benefits are reportable if the total taxable value of the fringe benefits you provided in the fringe benefits tax (FBT) year (1 April to 31 March) exceeds $2,000.

If this applies to your business, your annual Fringe Benefits Tax return is due today – so make sure you don’t forget!

To do

  • Submit payment for annual Fringe Benefit Tax return (if applicable)
  • Find out more about FBT
  • Pay Fringe benefits tax annual return
  • Lodge the Superannuation guarantee charge statement – quarterly and pay the super guarantee charge for quarter 3, 2016–17

June 30

End of financial year lodgement

The end of the financial year has arrived – and there’s plenty to do. Businesses need to start tying off loose ends for the old financial year and prepare for the new.

To do:

  • Super guarantee payments need to be processed before 30 June to quality for a tax deduction in the 2016-17 year.
  • Prepare for a stocktake and ensure all transactions have been recorded. 
  • Prepare your employee Payment Summaries
  • Download and read our free EOFY checklist and make sure you’re on track to start fresh in the new financial year.
  • If you haven’t already, prepare your payment summaries (they need to be given to employees by 14 July)

July 01

The new financial year begins

The start of the new financial year is filled with many ATO obligations – and now's the time for businesses to get started.

Once you've completed your last pay for the financial year and prepared your Payment Summaries, there are a few things you'll need to do.

To do

If you use AccountRight or AccountEdge:

If you use MYOB Essentials or Essentials Accounting:

  • Everything is handled automatically for you.

July 14

Employee PAYG withholding and Payment Summaries due

First thing's first – if you haven't already, provide payment summaries to your employees so they can lodge their tax returns.

By law, employees need to have received these by the end of today, so make this a priority!

July 28

Don't forget your quarterly PAYG and/or GST instalment notices, as well as any necessary PAYG and FTB instalments.

To do

  • PAYG & FTB instalments for the June 2017 quarter

August 14

It's time for PAYG

Business PAYG withholding and activity statements are due.

When it comes to PAYG, we've got quick and easily digestible information to share.

To do

  • Not using a tax or BAS agent? Your PAYG summary is due today

     

August 21

It's the 21st of the month

Your monthly activity statement for July is due today... so if you haven't done it yet, get onto it!

To do

  • July monthly activity statement due today

     

August 25

Using a tax or BAS agent?

If you're using a tax or BAS agent who uses the Electronic Lodgement Service, the Tax Agent Portal, the BAS Agent Portal or Standard Business Reporting, today is the deadline for your quarterly activity statement and taxable annual report.

To do

  • Quarterly activity statement due today
  • Taxable payments annual report due today

August 28

It's super time

Today is the send date for taxable and super guarantee payments, so make sure everything is in order.

Remember – you can offset super contributions paid late to the super guarantee charge for the quarter.

To do

  • Lodge Superannuation charge statements today
  • Pay super guarantee charge for the fourth quarter

September 21

First activity statement due today

Can you believe the first quarter is almost over?!

The time has come for you to get your first activity statement done and dusted.

To do

  • Lodge and pay August's monthly activity statement

September 30

PAYG due today

If you're using a tax or BAS agent, today is the day to complete your PAYG withholding payment summary annual report.

To do

  • Lodge PAYG withholding payment summary annual report

October 21

It's time for PAYG... again!

Don't fall behind. Ensure you meet your employer obligations by submitting your PAYG instalment activity.

To do

  • Lodge your annual PAYG instalment notice (Form N)
  • Quarterly PAYG instalment activity statement due for the first quarter of 2017-2017
  • Lodge September 2017 monthly activity statement

October 28

Your activity statement is due today! Make sure you get it done on time...

To do

  • Lodge quarterly activity statement
  • Pay first quarter superannuation guarantee contributions

October 31

Get ready for the tax man!

Got all your tax affairs ready for your return? Your tax return is due today.

You need to lodge your PAYG withholding annual report, (no ABN withholding), as well.

If you need some more time, extend this deadline by appointing a tax agent.

To do

  • If one or more returns were outstanding at 30 June, 2017, make sure your tax returns for all entities are prepared.
  • TFN reports for closely held trusts for TFNs quoted to a trustee by beneficiaries the the first 2017-2018 quarter are due now
  • Reconcile your books using bank feeds and be up to date!

November 21

October's monthly activity statement due today

Today is the day to lodge your monthly activity statement for October.

To do

  • October 2017 monthly activity statement due

November 25

Quarterly activity statement due today

If you're lodging via one of the following: electronic commerce interface (ECI), electronic lodgement service (ELS), Tax Agent Portal, BAS Agent Portal, Standard Business Reporting (SBR), today is the due date for lodging and paying for your activity statement for the first quarter.

To do

  • Activity statement for the first quarter due today (if applicable)

November 28

It's SGC time!

Today is an important one, as it's the the due date for paying your super guarantee charge (SGC) from quarter 1.

It's also the due date to lodge your superannuation guarantee charge statement for quarter 2.

Get on it!

To do

  • Lodge your SGC statement for quarter 2
  • Ensure you've paid your SGC from quarter 1

December 01

In a medium to large business?

Today is the due date for payment of income tax for large/medium taxpayers, companies and super funds.

To do

  • Complete income tax (if applicable)

December 21

Don't forget November's monthly activity statement

Christmas is almost here, but wrapping presents isn’t the only paperwork you have to do today!

To do

  • Lodge and pay for November’s monthly activity statement
  • Easily set up tax codes to track tax paid to you and by your business

Want to know more?

Get your free eBook on small business tax

{{result.successMessage}}
{{result.successMessage}} {{result.buttonLabel}}
Redirecting you to {{result.targetURL}} ...
{{result.errorMessage}} {{result.backToFormLabel}}

In downloading this ebook, you’re also consenting to receive emails from MYOB to help your business, including promotional emails and special offers. You can unsubscribe from these emails at any time. Privacy Disclosure Statement

Looking for accounting software?

We have a solution for every stage of your business.

Explore our products

Stay compliant. Update your software.

Updating is simple - all you need is your email address or serial number.

Update your software today

Need a hand?

For EOFY questions, visit our community forum or online help.

Or find a partner today

Hone your MYOB skills this EOFY with our classroom training courses

Find out more

Are you an accountant or bookkeeper?

Find the right tax time solutions for your practice and your clients