ATO Key Dates for June 2024
Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2023–24 financial year.
Note: This includes companies and super funds but excludes large and medium taxpayers and head companies of consolidated groups.
Lodge tax returns due for individuals and trusts with a lodgment due date of 15 May 2024 provided they also pay any income tax liability due by this date.
2024/25 Federal Budget
Last week, Jim Chalmers presented the 2024/25 Federal Budget, marking his third as Federal Treasurer. The budget focuses on three main economic strategies: relieving the cost of living, repairing the budget position, and reforming for future growth.
Comments on the Federal Budget
While there weren’t many new significant tax announcements, the tax cuts announced will benefit all 13.6 million Australian taxpayers
