Key EOFY dates for Australians to watch in the wake of COVID-19 and bushfires

▤ Summary

As we enter the end of the financial year in Australia, it’s worth noting changes that the coronavirus and the summer bushfires have had on key deadlines for EOFY. Note: Individuals and trusts in this category pay as advised on their notice of assessment. In bushfire-affected postcodes, lodgment and their associated payments for income tax, activity statement, SMSF and excise returns are due. Lodge tax return for all entities with a lodgment due date of 15 May 2020 if the tax return is not required earlier and both of the following criteria are met: Note: This includes companies and super funds, but excludes large/medium taxpayers and head companies of consolidated groups. Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2019–20 financial year.

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