close
This is a demonstration website for CCH Web Manager. For pricing and to find out more please contact us.

Tax Facts (Basic) - Activity Statement

Businesses use activity statements to report and pay a number of tax obligations, including GST, pay as you go (PAYG) instalments, PAYG withholding and fringe benefits tax. Non-business individuals who need to pay quarterly PAYG instalments also use activity statements.

Activity statements are personalised to each business or individual to support reporting against identified obligations.

Activity statements for businesses may be due either quarterly or monthly. Generally, businesses can lodge and pay quarterly if annual turnover is less than $20 million, and total annual PAYG withholding is $25,000 or less. Businesses that exceed one or both of those thresholds will have at least some monthly obligations. Non-business individuals are generally required to lodge and pay quarterly.

Businesses or individuals with small obligations may be able to lodge and pay annually. Some taxpayers may receive an instalment notice for GST and/or PAYG instalments, instead of an activity statement.

The Australian Taxation Office (ATO) web site provides instructions on lodging and paying activity statements. Detailed instructions are provided for each of the different tax obligations:

What We Do

We've also developed our traditional auditing and accounting practices into innovative client-focused services.

READ MORE

Who we are

At Smith Jones we aim to provide you with advice when your business needs it, not just when you ask for it.

READ MORE

Tool Box

View our handy online tools and resources featuring key dates, tax facts, useful links and online calculators.

READ MORE

Meet The Team

Donald Lawrence
Director
FIND OUT MORE
Diane McKim
Accountant
FIND OUT MORE
Brian Lemos
Accountant
FIND OUT MORE
Adam Avalos
Accountant
FIND OUT MORE
Millie Engel
Accountant
FIND OUT MORE
Mary Horvath
Reception
FIND OUT MORE

Smith Jones Blog

Contact / Connect