Important Dates November 2021

Superannuation

28 October: September 2021 quarter Superannuation guarantee contributions were due by this date

1 July: Superannuation guarantee contributions increased to 10%, from 9.5%. Will continue to increase by 0.5% each financial year up to 12% on 1 July 2025

Activity Statements

21 November: Lodge and pay October 2021 monthly activity statements

Payroll Tax

7 November: Lodge and pay monthly return

Payroll

1 July: Minimum wages to increase by 2.5% (to $772.60 per week or $20.33 per hour)

SMSF & Superannuation

Superannuation Guarantee

1 July: Superannuation guarantee contributions increase to 10%, from 9.5%. Will continue to increase by 0.5% each financial year up to 12% on 1 July 2025

Concessional (Deductible) Superannuation Contribution Cap

1 July: Increase to $27,500, from $25,000

Non-Concessional (Not-Deductible) Superannuation Contribution Cap

1 July: Increase to $110,000, from $100,000

INDIVIDUALS

21 November: Lodge & pay October 2021 monthly business activity statement
31 October: 2021 Tax returns were due for lodgment for many individuals, companies & trusts. Contact me for assistance in lodging overdue returns & potentially avoiding ATO late fees & penalties.
1 July: Minimum wages to increase by 2.5% (to $772.60 per week or $20.33 per hour)
1 July: Superannuation guarantee contributions increase to 10%, from 9.5%. Will continue to increase by 0.5% each financial year up to 12% on 1 July 2025