When is the lodgment due date of my tax return?
Your accountant can advise you of your specific lodgment due date or you can peruse the list below. If the lodgment due date for an entity is not listed below, contact your accountant for further information.
Each year you will need to find out when each entity’s tax return is due. Late lodgments can incur interest charges and late lodgment penalties.
There are various due dates for the lodgment of an entity’s tax return. The due date can vary from year-to-year based on the size of your entity, the entity-type, and its lodgment history. Most tax returns are due on 31 October and 15 May each year following the end of the previous financial year.
If you lodge your tax return through a registered tax agent you generally have an extension to 15 May. You will need to submit your tax return by 31 October if you don’t lodge it through a registered tax agent. This gives you four months (from 1 July to 31 October) to prepare your own tax return. If you don’t have a tax agent but would like the extension to 15 May, you will need to register with a tax agent by 31 October.
Your due date is 31 October if:
- You have a company or superannuation fund that hasn’t lodged one or more previous tax returns.
- You are not registered with a tax agent.
Your due date is 15 January if:
- You have a tax-paying company, trust or superannuation fund that earned more than $10 million in its most recent tax return and wasn’t required to lodge a return earlier.
Your due date is 28 February if:
- You have a trust that did not pay tax in the prior year and earned more than $10 million in the previous income year.
- You have set-up and registered a new entity and/or self-managed superannuation fund and earned more than $10 million in the previous year.
- You prepare your own entity’s return and weren’t required to lodge a return at an earlier date.
Your due date is 31 March if:
- Your superannuation fund reported more than $2 million in its most recent tax return and earned less than $10 million in the last income year.
- You, or your trust, paid $20,000 or more in tax in the most recent tax return lodged.
Your due date is 15 May if:
- The tax return is for an individual, partnership or trust, and isn’t required to be lodged at an earlier date. Most private companies are due to be lodged on 15 May but ask your accountant to make sure.
Your due date is 5 June if:
- The tax return is for an individual, partnership or trust and was due on 15 May (if you lodge and pay any tax liability by 5 June you will avoid any penalties).