Key ATO Dates | May 2024

Preparing and lodging tax statements and returns due in May 2024

Keeping on top of key ATO compliance dates each month is important to ensuring you meet lodgment deadlines.

We've provided you with the key ATO dates for May 2024 below:

15 May

• Lodge 2023 tax returns for all entities that did not have to lodge earlier (including all remaining consolidated groups) and are not eligible for the 5 June concession.
• Due date for companies and super funds to pay if required.

Note: Individuals and trusts in this category pay as advised on their notice of assessment.

21 May

• Lodge and pay April 2024 monthly business activity statement.
• Final date to confirm with your tax agent if you want to lodge a new FBT return to ensure you receive the lodgment and payment concessions for the fringe benefits tax returns.
• Lodge and pay fringe benefits tax annual return if lodging by paper.

26 May

• Lodge and pay eligible quarter 3, 2023–24 activity statements if you or your client have elected to receive and lodge electronically.

28 May

• Lodge and pay quarter 3, 2023–24 Superannuation guarantee charge statement if the employer did not pay enough contributions on time.

Note: Employers who lodge 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.

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At Trinity Advisory, we specialise in tax accounting, business advisory and coaching services for small businesses located in and around Cairns (116 Mulgrave Road, Parramatta Park QLD 4870) and the Sunshine Coast (2/8 Maroochydore Road, Maroochydore QLD 4558).

Should you need any taxation or accounting advice for your business, get in touch with Trinity Advisory today. Our team of expert Business Accountants, Advisors and Coaches are here to help!