Key Tax Due Dates for November
As we navigate through November, it’s crucial for businesses and individuals to stay on top of their tax obligations. Here are the essential due dates for this month:
- 21 November 2024:
– Lodge and pay October 2024 monthly business activity statement. - 25 November 2024:
– Lodge and pay quarter 1, 2024–25 activity statement if you lodge electronically. - 28 November 2024 :
– Lodge and pay quarter 1, 2024–25 Superannuation guarantee charge statement if the employer did not pay enough contributions on time.
Note: Employers lodging a Superannuation guarantee charge statement can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They still have to pay the remaining super guarantee charge.
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.