June 2024 tax deadlines for Queensland trade businesses

Preparing and lodging tax statements and returns due in June 2024

Keeping on top of key ATO and Queensland due dates helps you avoid penalties and protect deductions. This June 2024 roundup highlights the lodgment and payment dates that matter for trade based, family owned businesses in Queensland. If you want these dates built into a quarterly reporting rhythm, our Accounting and Advisory team can help you turn deadlines into a simple plan you can follow.

This article is general information and not tax advice. Always check the official guidance before acting. See the ATO’s page for BAS due dates.

Key June 2024 dates

7 June 2024
Lodge and pay May 2024 monthly payroll tax with Queensland Revenue Office. Periodic returns are due 7 days after month end, as outlined on the QRO’s payroll tax due dates.

21 June 2024
Lodge and pay your May 2024 monthly BAS. Monthly BAS is due on the 21st of the following month per the ATO’s BAS due dates.

25 June 2024
Lodge and pay the 2024 FBT annual return if you are a tax agent lodging electronically for clients. See the ATO’s FBT return due dates for registered agents.

By 30 June 2024
Pay super guarantee contributions so they are received in time to claim a deduction in the 2023 to 24 income year. The ATO explains deductions for super in its guidance on salaries, wages and super contributions.
If you pay via a commercial clearing house, the contribution is not considered paid until it reaches the super fund, so allow enough processing time as noted under missed and late super guarantee payments.
If you use the ATO Small Business Superannuation Clearing House, contributions may be treated as paid on the date the SBSCH accepts them, although funds can still take time to receive the money, as outlined under super payment due dates.

Tip on calendar clashes
If a due date falls on a weekend or public holiday, you can lodge or pay on the next business day, per the ATO’s rule on due dates.

Super timing checklist

Use this quick checklist to avoid losing your deduction for 2023 to 24.

  • Confirm your last payroll date for June and calculate super owing.

  • Approve the super batch early and allow for clearing house and fund processing, referring to the ATO’s note on missed and late super.

  • Verify the batch has been received by the super fund before 30 June using the ATO’s guidance on super payment due dates.

Need local help

If you want hands on support to schedule and meet these dates, our Business Coaching program builds a 90 day operating rhythm that includes compliance, cash and growth activities. You can meet with our team in Cairns at 116 Mulgrave Road, Parramatta Park QLD 4870. You can also work with our Sunshine Coast office at 2/8 Maroochydore Road, Maroochydore QLD 4558.

Next step
Book a short call and we will map out your next quarter so deadlines and decisions are clear. Secure a time on our Book a Call page.

FAQ

Do I lodge a June payroll tax periodic return in Queensland
No. Queensland combines June wages in the annual payroll tax return due in July, as shown under QRO payroll tax due dates.

When is a super contribution considered paid for deduction purposes
When the super fund receives it, not when you authorise the payment or send it to a commercial clearing house, per the ATO’s page on missed and late super.

Do monthly BAS lodgers ever get extra time
Monthly BAS is due on the 21st of the next month and does not receive the same extensions that sometimes apply to quarterly BAS, per the ATO’s BAS due dates.

What is the FBT due date if my agent lodges electronically
The due date is 25 June for electronic lodgment through the practitioner lodgment service, as listed on the ATO’s FBT return due dates.

 

References