Taxation in Geelong: Key tax dates for 2025
December 16, 2024When it comes to taxation in Geelong, staying informed about upcoming tax deadlines is crucial for businesses and individuals alike. Missing important dates can result in penalties and added stress. At CD&G Accountants, we provide professional tax services to help you meet all critical deadlines and keep your financial records in order. Here’s a comprehensive guide to the most important tax dates for the first half of 2025 that you can’t afford to miss.
Key tax dates for taxation in Geelong in 2025
Proper tax management means knowing exactly when your financial obligations are due. Below are essential dates to keep in mind for smooth tax compliance in Geelong.
January 2025
- 21 January 2025 – December 2024 monthly BAS due
If you lodge monthly BAS, be sure to file and pay for December 2024 by this date. Failing to do so could result in late lodgment penalties. - 28 January 2025 – Superannuation guarantee contributions due
Businesses must ensure all superannuation contributions for the October–December 2024 quarter are paid by this date. This is a crucial deadline to avoid Superannuation Guarantee Charge penalties.
February 2025
- 21 February 2025 – January 2025 monthly BAS due
Ensure your BAS lodgment and payment for January 2025 are completed. This date applies to businesses registered for GST on a monthly basis. - 28 February 2025 – Tax returns for new registrant entities due
If your business registered with the ATO during the year and opted for self-lodgment, your first tax return must be filed by this date.
March 2025
- 21 March 2025 – February 2025 monthly BAS due
If your business reports monthly, ensure February BAS is filed and payments are made by this date. Keeping up with monthly obligations ensures a smooth end-of-financial-year process.
April 2025
- 21 April 2025 – March 2025 monthly & January–March 2025 quarterly BAS due
If you file quarterly, your BAS for the January–March 2025 period must be lodged and paid by this date. Monthly filers should also lodge their March BAS on time. - 28 April 2025 – Superannuation guarantee contributions due
Businesses must make super payments for the January–March 2025 quarter. These contributions must reach employee accounts by this date to remain compliant.
May 2025
- 21 May 2025 – April 2025 monthly BAS due
If you file monthly, make sure to lodge your April BAS and submit any related payments.
June 2025
- 5 June 2025 – Tax returns for certain entities due
If your business has a 15 May 2025 lodgment deadline, ensure both lodgment and payment are completed by this date. - 21 June 2025 – May 2025 monthly BAS due
Businesses filing monthly must lodge and pay their May BAS by this date to stay up to date before the end of the financial year. - 25 June 2025 – Fringe benefits tax (FBT) annual return due
If your business provides fringe benefits to employees, the annual FBT return for the year ending 31 March 2025 must be lodged and paid electronically by this date. - 30 June 2025 – End of the financial year
The financial year officially ends on this date. Ensure superannuation contributions for employees are paid to qualify for a tax deduction in the 2024–2025 financial year. Additionally, individuals receiving Family Tax Benefit or Child Care Subsidy must have their tax returns lodged by this date to avoid benefit interruptions.
Managing tax deadlines can be stressful and time-consuming. At CD&G Accountants, we provide expert tax and financial services to help businesses and individuals in Geelong stay ahead of all tax obligations. We offer:
- Comprehensive tax preparation and lodgment services
- Business activity statement (BAS) and GST compliance
- Superannuation and payroll management
- Year-end financial reviews and tax planning
Contact us today to schedule a consultation and get personalised tax advice tailored to your unique financial situation. Let our experienced team manage your tax responsibilities so you can focus on growing your business or achieving personal financial goals.