Lodgment and payment dates
The lodgment and payment due dates for consolidated groups are affected by the types of members and whether the tax return will be taxable.
31 January lodgment date
The head company of a consolidated group, including a new registrant, must lodge by 31 January 2025 if the following applies:
- Any member of the consolidated group is deemed to be a large or medium taxpayer in their latest year lodged.
- The consolidated group is deemed to be a large or medium taxpayer through the operation of the single entity rule.
- The 2024 tax return will be taxable.
- Payment of any tax due for these entities is required by 1 December 2024.
28 February lodgment date
The head company of a consolidated group, including a new registrant, must lodge by 28 February 2025 if:
- any member of the consolidated group is deemed to be a large or medium taxpayer in their latest year lodged
- the consolidated group is deemed to be a large or medium taxpayer through the operation of the single entity rule
- the 2024 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 2025 if the following applies – they:
- do not have a member who has been deemed a large or 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 2025.
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 under a SAP
Head companies of consolidated groups that operate under an approved substituted accounting period (SAP) must lodge and pay (where applicable) in accordance with the SAP rules.