The due date for your tax return depends on how you answer these three questions:
If you are lodging your tax return yourself, generally it is due by 31st October (for individuals and trusts) and 28th February (for companies). However, if a tax agent is preparing and lodging your tax return for you, then generally you will receive an extension.
Included below are the due date guidelines for FY15 (1 July 2014 to 30 June 2015) if lodging through a tax agent. It is important, however to check the due date with your accountant as this is a general guide only:
Due Date for Individual / Trust Tax Returns
Due Date for Partnership Tax Returns
Dependent on the due date of the partners’ tax returns
Due Date for Small Company Tax Returns
For more information, have a read through the tax agent lodgement program on the ATO Website
Remember, it is important to always ensure you are on top of the due dates for lodgement of your tax return. Late lodgement of your tax return can result in penalties and general interest charges.
This tax tip is brought to you with love by Nudge Accounting. You can read other Tax Tips here.