Champions, Accounting, Taxation, Business Consultancy Services, Parramatta, Sydney, Australia

Key Dates - October 2010

Date	Category	Description

21 October 2010	Activity statements	September 2010 monthly activity statements — Final date for lodgment and payment.

21 October 2010	PAYG instalments	Annual PAYG instalment notice — Final date for payment and, if using the rate method or varying the instalment amount, final date for lodgment. If you have already lodged your annual income tax return, you should not vary your annual instalment.

21 October 2010	Activity statements	Quarter 1 (July - September 2010) consolidated instalment activity statements — Final date for lodgment and payment by a head company of a consolidated group.

21 October 2010	Activity statements	Quarter 1 (July - September 2010) activity statements containing a monthly GST obligation — Final date for lodgment and payment.

28 October 2010	Activity statements	Quarter 1 (July - September 2010) activity statements — Final date for lodgment and payment.

28 October 2010	GST instalments	Final date for electing to pay GST by instalments (option 3) for June balancers if another reporting option was previously used. Final date for opting out of option 3 for the current financial year (2010-11).

28 October 2010	GST	Final date for eligible quarterly GST reporters to elect to report GST annually.

28 October 2010	GST instalments	Quarter 1 (July - September 2010) instalment notices — Forms S and T. Final date for payment and, if varying instalment amount, lodgment. Four-instalment payers pay 25% of their instalment liabilities.

28 October 2010	PAYG instalments	Final date for eligible instalment reporters to elect to report annually (for June balancers).

28 October 2010	PAYG instalments	Final date for notifying your quarterly PAYG instalment reporting and payment choice for the 2011 income year (for June balancers).

28 October 2010	Superannuation	Superannuation guarantee contributions for quarter 1 2010-11 (1 July - 30 September) to be made to the fund by this date. If an employer does not make the minimum superannuation guarantee contributions for quarter 1 by this date, they must pay the SGC and lodge a Superannuation guarantee charge statement - quarterly (NAT 9599) with the Tax Office by 28 November 2009. The SGC is not tax deductible.

28 October 2010	PAYG instalments	Quarter 1 (July - September 2010) instalment notices — Forms R and T. Final date for payment and, if varying the instalment amount, lodgment.

31 October 2010	Superannuation	Final date for lodgment — DASP annual report. Lodgment or payment can be made on the first business day after the due date.

31 October 2010	Superannuation	Member contributions statement (paper or electronic) — Only applicable for APRA funds. Lost members report for 1 January 2010 - 30 June 2010. Lodgment or payment can be made on the first business day after the due date.

31 October 2010	PAYG withholding	Final date for lodgment of the PAYG withholding where ABN not quoted – annual report (NAT 3448). You can use this to report amounts withheld because another entity did not quote their ABN. These amounts are reported at label W4 of the activity statement. Lodgment or payment can be made on the first business day after the due date.

31 October 2010	PAYG withholding	Final date for lodgment of your PAYG withholding from interest dividend and royalty payments paid to non residents – annual report (NAT 7187). Payments of dividends, interest, and royalties to non-residents are subject to withholding. These amounts are reported at label W3 of the activity statement. Lodgment or payment can be made on the first business day after the due date.

31 October 2010	PAYG withholding	Final date for lodgment of your PAYG withholding annual report – payments to foreign residents (NAT 12413). Payments made to foreign residents for entertainment or sports activities, construction and related activities, and arranging casino gaming junket activities are subject to withholding. These amounts are reported at label W3 of the activity statement. Lodgment or payment can be made on the first business day after the due date.

31 October 2010	GST	Annual GST return (option 3) or Annual GST information report (option 2) lodgment and payment (if required) is due when the income tax return is due. Lodgment or payment can be made on the first business day after the due date.

31 October 2010	Income tax	Final date for lodgment of individual, partnership, and trust income tax returns, unless an approved SAP has been granted. Lodgment or payment can be made on the first business day after the due date.

31 October 2010	Income tax	Income tax return lodgment due date for all June balancing company and superannuation funds where one or more prior-year returns were outstanding, as at 30 June 2010. Lodgment or payment can be made on the first business day after the due date.

31 October 2010	Annual investment income reporting	Final date for lodgment of the Annual investment income report for all investment bodies. Lodgment or payment can be made on the first business day after the due date.

NOTE:

As tax agents we will advise you when to lodge your income tax return and other required forms, as these dates may differ.
When the due date for lodgment or payment falls on a Saturday, Sunday, or public holiday, it may be done on the next business day.

Champions Business Growth Advisers, Accounting, Taxation, Parramatta

Key Dates - October 2010