Cootamundra
92 Cooper Street
(PO Box 201)
Cootamundra
NSW 2590 
       Goulburn
105 Goldsmith Street 
(PO Box 973)
Goulburn
NSW 2580
 

P 1300 885 761   F 1300 885 931   enquiries@dawson.com.au

Client Login
Login to access documents, files, accounting data and financial reports.

Login
Find us on

Tax Facts - Activity Statement

Businesses use activity statements to report and pay a number of tax obligations, including GST, pay as you go (PAYG) instalments, PAYG withholding and fringe benefits tax. Non-business individuals who need to pay quarterly PAYG instalments also use activity statements.

Activity statements are personalised to each business or individual to support reporting against identified obligations.

Activity statements for businesses may be due either quarterly or monthly. Generally, businesses can lodge and pay quarterly if annual turnover is less than $20 million, and total annual PAYG withholding is $25,000 or less. Businesses that exceed one or both of those thresholds will have at least some monthly obligations. Non-business individuals are generally required to lodge and pay quarterly.

Businesses or individuals with small obligations may be able to lodge and pay annually. Some taxpayers may receive an instalment notice for GST and/or PAYG instalments, instead of an activity statement.

The Australian Taxation Office (ATO) web site provides instructions on lodging and paying activity statements. Detailed instructions are provided for each of the different tax obligations:

Latest News

Dawson & Partners News   

Is your SMSF adequately diversified?

January 2019

In the unsettled and volatile markets of today, SMSF trustees need to truly understand diversification and know how to effectively diversify their portfolios.

ATO News