ATO National Tax Equivalent Regime

ATTACHMENT 8

[Archived: NTER Lodgment Circulars 2005-06, 2006-07, 2007-08 & 2008-09 archived by April 2014 (Version 9). For the wording of these NTER Lodgment Circulars, see February 2012 ( Version 8 ).]

[Archived: NTER Lodgment Circulars 2009-10, 2010-11, 2011-12, 2012-13 archived by April 2016 (Version 10). For the wording of these NTER Lodgment Circulars, see April 2014 ( Version 9 ).]

[Archived: NTER Lodgment Circulars 2013-14, 2014-15, 2015-16 archived by October 2019 (Version 11). For the wording of these NTER Lodgment Circulars, see April 2016 ( Version 10 ).]

National Tax Equivalent Regime
Lodgment Circular 2019-20

This is the annual NTER Lodgment Circular referred to at paragraphs 57 and 60A of the NTER Manual . This circular outlines the due dates that apply to all NTER entities for:

·
the reporting & payment of quarterly PAYG instalments for the NTER instalment quarters ending 30 September 2019 to 30 June 2020 (inclusive);
·
the reporting & payment of monthly PAYG instalments for the NTER instalment months ending 31 July 2019 to 30 June 2020 (inclusive);
·
the lodgment of annual returns for the NTER income year ended 30 June 2019; and
·
the payment of balancing payments of tax equivalent liability for the NTER income year ended 30 June 2019.

The due dates outlined in this circular for NTER entities take precedence over the Commissioner's Lodgment Program 2019-20 for registered agents.

1. PAYG instalments

1.1 Quarterly instalments:

The reporting and payment due dates for quarterly PAYG instalments (even if it is a nil amount) that apply to all NTER entities are as follows:

Instalment quarter ending Due date for reporting & payment
30 September 2019 (Quarter 1, 2019-20) 21 October 2019
31 December 2019 (Quarter 2, 2019-20) 21 January 2020
31 March 2020 (Quarter 3, 2019-20) 21 April 2020
30 June 2020 (Quarter 4, 2019-20) 21 July 2020

1.2 Monthly instalments:

The reporting & payment due dates for monthly PAYG instalments (unless it is a nil amount worked out using a nil rate given by the Commissioner) that apply to all affected NTER entities are as follows:

Instalment monthly ending Due date for reporting & payment
31 July 2019 (Month 1, 2019-20) 21 August 2019
31 August 2019 (Month 2, 2019-20) 21 September 2019*
30 September 2019 (Month 3, 2019-20) 21 October 2019
31 October 2019 (Month 4, 2019-20) 21 November 2019
30 November 2019 (Month 5, 2019-20) 21 December 2019*
31 December 2019 (Month 6, 2019-20) 21 January 2020
31 January 2020 (Month 7, 2019-20) 21 February 2020
28 February 2020 (Month 8, 2019-20) 21 March 2020*
31 March 2020 (Month 9, 2019-20) 21 April 2020
30 April 2020 (Month 10, 2019-20) 21 May 2020
31 May 2020 (Month 11, 2019-20) 21 June 2020*
30 June 2020 (Month 12, 2019-20) 21 July 2020
(*As this day is a Saturday or Sunday, reporting & payment can be made on the next business day without penalty.)

2. NTER annual returns for the income year ended 30 June 2019

Note that no NTER entities are required to lodge a Reportable tax position schedule 2019.

2.1 NTER entities, other than head companies of an NTER tax consolidated group:

The lodgment and payment due dates for 2019 annual returns that apply to NTER entities (other than head companies of an NTER tax consolidated group) are as follows:

Due date for lodgment Due date for payment Description
15 January 2020 1 December 2019* Entities whose 2018 annual return was taxable.
28 February 2020 28 February 2020 Entities whose 2018 annual return was non-taxable.
28 February 2020

28 February 2020 New registrants whose 2019 annual return will be taxable or non-taxable.
(*As this day is a Saturday or Sunday, reporting & payment can be made on the next business day without penalty.)

Note that NTER entities that were subsidiary members of an NTER tax consolidated group for the full income year should not have an obligation to lodge a 2019 annual return.

2.2 NTER entities that are head companies of an NTER tax consolidated group:

The lodgment and payment due dates for 2019 annual returns that apply to NTER entities that are head companies of an NTER tax consolidated group are as follows:

Due date for lodgment Due date for payment Description
15 January 2020 1 December 2019* Head companies (including new registrants) whose 2019 annual return will be taxable.
28 February 2020 Not applicable Head companies (including new registrants) whose 2019 annual return will be non-taxable.
(*As this day is a Saturday or Sunday, reporting & payment can be made on the next business day without penalty.)

Chris Jordan
NTER Administrator
Commissioner of Taxation
July 2019