Important dates to remember in the 2025 new year
If your business is closing over this period, before you ‘switch off’ and unwind, it’s worth looking beyond the festive season to check that you have plans in place to address a few key due dates that will come around quickly once the doors re-open:
| Due Date | Item |
| 14 January 2025 | December 2024 monthly Payroll Tax Returns or July – December 2024 Payroll Tax Returns are due for lodgement and payment |
| 21 January 2025 | December monthly Business Activity Statements (BAS) due for lodgement and payment (except for business clients with up to $10M turnover who report GST monthly and lodge electronically |
| 28 January 2025 | Quarter 2 (December 2024) Superannuation Guarantee Contributions must be paid to superannuation funds |
| 31 January 2025 | Lodge Tax File Number (TFN) report for closely held trusts for any beneficiary who quoted their TFN in quarter 2 (December 2024) |
| 31 January 2025 | Taxable large/medium Company Tax Returns (June year-end) are due for lodgement |
| 7 February 2025 | January 2025 monthly Payroll Tax Returns are due for lodgement and payment |
| 21 February 2025 | January 2025 monthly BAS / IAS due for lodgement and payment & December 2024 monthly BAS lodgement and payment for business clients with up to $10M turnover who report GST monthly and lodge electronically |
| 28 February 2025 | Quarter 2 (December 2024) PAYG Instalment Activity Statements (IAS) |
| 28 February 2025 | December 2024 Quarterly BAS due for lodgement and payment (all lodgement methods, including tax agent deferred lodgement) |
| 28 February 2025 | Non-taxable large/medium Company Tax Returns (June year-end) are due for lodgement, including newly registered companies within the 2024 financial year. |
| 28 February 2025 | Pay quarter 2 instalment notice. If the instalment is to be varied, lodgement is required by this date. |
Note: The above dates apply to most Forvis Mazars SME clients. Different dates may apply to larger clients and each taxpayer should check their relevant compliance requirements.
From a cashflow perspective it’s also worth noting that the ATO’s small business superannuation clearing house closes from 5:30pm local time on 10 December 2024. Any contributions received after the 10December will not be processed until 2 January 2025. Therefore, any small businesses using this service should consider delaying processing December superannuation contributions until January to leave the cashflow in their bank account rather than the ATO’s.
Your new year resolutions should not only be a personal matter but a business one too. While your new year activities and results are top of mind, make a record of what worked well, what didn’t and what could be improved, including new ideas worth exploring in the new year. Having this record to refer to will give you some momentum when you begin your 2025 planning process.
If you end up having some spare time on your hands in the final days of the year it’s a great idea to draft some new business goals, update your business plan and re-forecast your budget to set your business up for a successful 2025. You can also refer to our ‘What’s next for your business’ guide for areas to consider within your business in 2025.
If you would like some assistance with any of the above, please contact your usual Forvis Mazars advisor or alternatively:
| Brisbane – Matthew Beasley | Melbourne – Liliana Harris | Sydney – Jeremy Mortlock |
| +61 7 3218 3900 | +61 3 9252 0800 | +61 2 9922 1166 |
Updated: 26/11/2025
Please note that this publication is intended to provide a general summary and should not be relied upon as a substitute for personal advice.
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