skip to Main Content

Important Dates October 2021

Business

Company Tax

31 October: 2021 Tax return due for lodgment for many individuals, companies & trusts

1 July: Company tax rate decreased to 25% for base rate entities from 26%

Superannuation

28 October: Pay September 2021 quarter Superannuation guarantee contributions 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 October: Lodge and pay September 2021 monthly activity statements
28 October: Lodge and pay September 2021 quarterly activity statements

Payroll Tax

7 October: Lodge and pay monthly return
7 October: Lodge and pay NSW 2021 payroll tax annual reconciliation. Extended due date due to Sydney lockdown.

Payroll

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

SMSF & Superannuation

Superannuation Guarantee

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

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 October: Lodge & pay September 2021 monthly business activity statement
21 October: Pay annual PAYGW instalment notice
31 October: 2021 Tax return due for lodgment for many individuals, companies & trusts
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

Back To Top