• Large/medium taxpayers

    You are a large/medium taxpayer for tax return lodgment purposes if you are a:

    • company with an annual total income of more than $10 million
    • head company of a consolidated or multiple entry consolidated (MEC) group with an annual total income greater than $10 million (through the single entity rule)
    • life and general insurance company, re-insurer or friendly society, regardless of income level
    • super fund or pooled super trust that has either an annual total income greater than $10 million or investments of more than $50 million, or both
    • non-complying super fund or pooled super fund
    • trust with an annual total income greater than $10 million last year
    • full self-assessment partner of a partnership, where the partnership's total income was over $10 million last year
    • full self-assessment taxpayer that had an annual total income of more than $10 million last year
    • taxpayer we advise to lodge as a large/medium taxpayer.

    Your lodgment due date is:

    • 31 October 2016 – if one or more prior year returns are outstanding at 30 June 2016 (company and super fund payment is due 1 December 2016)
    • 15 January 2017 – taxable large/medium taxpayer in the immediate prior year (company and super fund payment is due 1 December 2016)
    • 28 February 2017 – non-taxable large/medium taxpayer (in the immediate prior year) and new registrant large/medium taxpayer (if required, company and super fund payment is due 28 February 2017).

    The agent assessed deferral option does not apply if you have a lodgment due date of 15 January 2017. However, you can request an ATO assessed deferral.

    Last modified: 20 Sep 2016QC 34565