1.3 Key reporting requirements and deadlines

Commentary

1.3.1 Activity Statements

Australia
Australia | Commentary

1.3.1 Activity Statements

Australia | Commentary

1.3     Key reporting requirements and deadlines

The key reporting requirements and deadlines for Australian payroll are discussed in terms of:

  1.  

    •     activity statements, 1.3.1

  2.  

    •     fringe benefits tax, 1.3.2

  3.  

    •     superannuation, 1.3.3, and

  4.  

    •     payroll tax, 1.3.4

1.3.1     Activity Statements

Frequency of business activity statements (BAS) lodgement (1.2.1) is determined with reference to the reporting entity's GST turnover. Businesses with higher turnovers are required to lodge most frequently ie monthly.

Frequency of Instalment Activity Statement (IAS) lodgement (1.2.1) is determined with reference to the amount of PAYG withheld

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