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Critical Tax Deadlines: What to Expect in May and June

May & June tax deadlines
May & June Tax Deadlines

In order for you to be across all your tax obligations, we have summarised all the key compliance dates for May & June for you to diarise.


We can't stress this enough - make sure these lodgements are up to date to avoid any interest and penalties.


If you have questions or need help with any of the following, The Neill Family Group are here to help!


Where has the year gone? We have our final 2 months to finalise tax planning for the 2024 income year!


Despite the need for tax planning, May and June are also critical months to ensure all your tax lodgements are complete to avoid any penalties.


In order for you to be across your tax obligations, below are the key compliance dates coming up. If you have questions or need help with any of the following, we are here to help.


KEY TAX DATES – MAY/JUNE 2024


- 15 May 2024 – Income Tax – Lodge 2022–23 tax returns for all entities that did not have to lodge earlier and are not eligible for the 5 June concession. Payment due date for companies and super funds if required.

- 21 May 2024 – GST – Monthly Activity Statement and payment for April.

- 21 May 2024 – PAYG withheld – Monthly Activity Statement and payment for April.

- 21 May 2024 – PAYG instalment – Activity Statement and payment for monthly reporters for April.

- 21 May 2024 – Fringe Benefits Tax – FBT return for the year ended 31 March 2024 to be lodged, together with payment of FBT if not lodging with us.

- 28 May 2024 – Superannuation guarantee – Lodgement and payment of superannuation guarantee statement for January to March 2024 quarter.

- 5 June 2024 – Income tax return – 2022–23 lodgement and payment of tax returns with a lodgement due date of 15 May 2024.

- 21 June 2024 – GST – Monthly Activity Statement and payment for May.

- 21 June 2024 – PAYG withheld and PAYG instalment – Monthly Activity Statement and payment for May.

- 25 June 2024 – Fringe Benefits Tax – Lodgement due date for 2024 FBT annual return if you lodge with us.

- 30 June 2024 – Company tax return and consolidated head companies – End of financial year. Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2023–24 financial year.


Anything keeping you up at night?

If you’re facing operational issues, tackling people challenges, or have cashflow or financial questions, give us a call, email us or text us. The Neill Family Group are here to help.



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