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Practice Update Newsletter
Our clients receive the Finnegan Partners' practice update newsletter which provides regular updates to relevant tax laws and Australian Tax Office practices, and insight into topical general business and investment issues.
We welcome questions and topic suggestions for our newsletter from our clients.
Click here to download a free copy of the latest edition of our practice update.
Do you have an upcoming appointment with our office?
Have you booked an appointment for your personal or business income tax affairs and are wondering what to bring to your meeting with our office? If so, please click on the links below to view our simple checklists:-
Current Areas of Interest
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We are Xero Certified - Your experts all things Xero!
Our Team strive to be the best when it comes to qualifications and training.
We are currently undertaking Xero Certification. Xero Certification provides our team with a deep and technical understanding and approach to using Xero.
Want further training on Xero? Don't hesitate to contact our team at Finnegan Partners.
Welcome Chenoweth Accounting!
In January, 2017 Chenoweth Accounting relocated from their home in Bulleen and incorporated into the Finnegan Partners practice.
Chenoweth Accounting was a Chartered Accounting practice operated by Steve Chenoweth and his team.
We have known Steve for almost as long as we have been in practice. Steve has not only been a mentor to us but to his long standing clients. He has assisted our practice with specialist advice and offered a wealth of knowledge on operating a successful accountancy practice.
There are many new exciting initiatives which Finnegan Partners look forward to offer you in the future, however in the mean time we wish to highlight that it is business as usual for all of our existing clients and we will continue to provide the exceptionally high level of service expected.
Welcome Daryl Colee Chartered Accountant Clients!
After a distinguished career expanding over 35 years Daryl Colee is retiring.
Daryl and Ben Finnegan have known each other since Ben started practice over 11 years ago. In fact, Daryl was Ben's grandparents Accountant for many many years.
Finnegan Partners welcome Daryl's clients and you can be rest assured Daryl will be regularly contacted as necessary for his knowledge and understanding of your client history.
We wish Daryl all the very best in retirement and welcome his clients to Finnegan Partners!.
Important Dates May 2021
15 May
- Lodge 2020 tax returns for all entities that did not have to lodge earlier (including all remaining consolidated groups), and are not eligible for the 5 June concession.
Due date for companies and super funds to pay if required.
Note: Individuals and trusts in this category pay as advised on their notice of assessment.
21 May
- Lodge and pay April 2021 monthly business activity statement.
- Final date to add new FBT clients to your client list to ensure they receive the lodgment and payment concessions for their fringe benefits tax returns.
Lodge and pay Fringe benefits tax annual return if lodging by paper.
26 May
- Lodge and pay eligible quarter 3, 2020–21 activity statements if you or your client have elected to receive and lodge electronically.
28 May
- Lodge and pay quarter 3, 2020–21 Superannuation guarantee charge statement - quarterly (NAT 9599) if the employer did not pay enough contributions on time.
Employers who lodge a Superannuation guarantee charge statement - quarterly can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They still have to pay the remaining super guarantee charge.
Note: The super guarantee charge is not tax deductible.
Use our Super guarantee charge statement and calculator tool to work out the super guarantee charge and prepare the Superannuation guarantee charge statement – quarterly.
Important Dates June 2021
5 June
- Lodge tax return for all entities with a lodgment due date of 15 May 2021 if the tax return is not required earlier and both of the following criteria are met:
- non-taxable or a credit assessment in latest year lodged
- non-taxable or receiving a credit assessment in the current year.
Note: This includes companies and super funds but excludes large/medium taxpayers and head companies of consolidated groups.
- Lodge tax returns due for individuals and trusts with a lodgment due date of 15 May 2021 provided they also pay any liability due by this date.
Note: This is not a lodgment due date but a concessional arrangement where failure to lodge on time (FTL) penalties will not apply if you lodge and pay by this date.
21 June
- Lodge and pay May 2021 monthly business activity statement.
25 June
- Lodge and pay 2021 Fringe benefits tax annual return for tax agents if lodging electronically.
30 June
- Super guarantee contributions must be paid by this date to qualify for a tax deduction in the 2020–21 financial year.