Key Tax Due Dates for December
As we navigate through December, it’s crucial for businesses and individuals to stay on top of their tax obligations. Here are the essential due dates for this month:
- 1 December 2024:
– Pay income tax for taxable large and medium taxpayers, companies and super funds. Lodgment of return is due 31 January 2025.
– Pay income tax for the taxable head company of a consolidated group with a member deemed to be a large or medium taxpayer in the latest year lodged. Lodgment of return is due 31 January 2025. - 21 December 2024:
– Lodge and pay November 2024 monthly business activity statement.
To ensure compliance and avoid penalties, it’s important to prepare in advance and meet these deadlines. Staying organised with your tax commitments can help your business run smoothly and keep you on track for the rest of the financial year.
If you have any questions regarding the above information, please do not hesitate to contact our office to speak to one of our team.