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  • Consolidated groups

    The lodgment and payment due dates for consolidated groups are affected by the types of members and whether the tax return will be taxable.

    15 January lodgment date

    The head company of a consolidated group, including a new registrant, must lodge by 15 January 2020, if the following applies:

    • any member of the consolidated group is deemed to be a large/medium taxpayer in their latest year lodged
    • the consolidated group is deemed to be a large/medium taxpayer through the operation of the single entity rule
    • the 2019 tax return will be taxable
    • payment of any tax due for these entities is required by 1 December 2019.

    28 February lodgment date

    The head company of a consolidated group, including a new registrant, must lodge by 28 February 2020 if:

    • any member of the consolidated group is deemed to be a large/medium taxpayer in their latest year lodged
    • the consolidated group is deemed to be a large/medium taxpayer through the operation of the single entity rule
    • the 2019 tax return will be non-taxable.

    If a member exits the consolidated group during the financial year, their due date will be 28 February.

    Due dates for other consolidated groups

    The head company of a consolidated group must lodge and pay any tax due by 31 March 2020 if the following applies – they:

    • do not have a member who has been deemed a large/medium taxpayer in the latest year lodged
    • do have a member who had total income of more than $2 million in the latest year lodged.

    All other head companies of consolidated groups must lodge by 15 May 2020.

    When a head company lodges a consolidated tax return for the first time, the due date for lodgment of that tax return is the latest date on which the group's Notification of formation of an income tax consolidated group form can be lodged.

    Consolidated groups that operate under an approved SAP

    Head companies of consolidated groups that operate under an approved SAP must lodge and pay (where applicable) in accordance with the SAP rules.

    Last modified: 26 Nov 2019QC 34564