Synergy – Working Together – Achieving Results
At Synergy Accountants and Estate Planners, we believe working together with our clients achieves better results than the client doing their part and then us doing our part: in isolation from each other. In fact, that is what the word ‘synergy’ means – when more than one input combined with another achieves a better outcome than the single inputs alone. By actioning this motto, we believe we can make a real difference for business owners and help them improve their business performance and their lifestyle.
As a Synergy client you can rest assured that we are thinking about your long-term goals and needs. As such, we will never just tell you what you want to hear. Rather, we will be candid and give you the advice and teach you the strategies you need to achieve your goals. Being Mackay locals we know and love our region, and we measure our success on our clients’ long-term growth and security.
Arrange a consultation today and experience the Synergy Accountants difference.
Thinking of starting or buying a new business? Click here to find out how we can help.
“Growth is never by mere chance; it is the result of forces working together.” – James Cash Penney, Founder of JCPenney
Whatever strategy you choose, you need start working on it. Planning in advance gives you time to do it right and maximize your returns.
Not in business but have a complex tax return or a simple tax return but don’t know what you can claim.
New Gold Coast Office Opening
Our new Office based in the Gold Coast will shortly be open! Check back for more details on what our gold coast office offers soon!
Satisfied Client Stories
At Synergy our work speaks for itself. We pride ourselves on delivering an outstanding customer experience to all of our clients big or small.
Don’t just take our word for it, see some of our satisfied clients below.
Upcoming Key Dates
January 2022
15 January
- Lodge tax return for taxable large/medium entities as per the latest year lodged (all entities other than individuals), unless required earlier.
Payment for large/medium entities with a 15 January due date is:
- 1 December 2021 – for companies and super funds
- For trusts – as stated on their notice of assessment.
21 January
- Lodge and pay quarter 2, 2021-22 PAYG instalment activity statement for head companies of consolidated groups.
- Lodge and pay December 2021 monthly business activity statement except for business clients with up to $10 million turnover who report GST monthly and lodge electronically.
28 January
- Make quarter 2, 2021–22 super guarantee contributions to funds by this date.
31 January
- Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 2, 2021–22.
February 2022
21 February
- Lodge and pay December 2021 monthly business activity statement for business clients with up to $10 million turnover who report GST monthly and lodge electronically.
- Lodge and pay January 2022 monthly business activity statement.
28 February
- Lodge tax return for non-taxable large/medium entities as per the latest year lodged (except individuals).
- Payment (if required) for companies and super funds is also due on this date. Payment for trusts in this category is due as per their notice of assessment. - Lodge tax returns for new registrant (taxable and non-taxable) large/medium entities (except individuals)
- Payment (if required) for companies and super funds is also due on this date. Payment for trusts in this category is due as per their notice of assessment. - Lodge tax return for non-taxable head company of a consolidated group, including a new registrant, that has a member who has been deemed a large/medium entity in the latest year lodged.
- Lodge tax return for any member of a consolidated group who exits the consolidated group for any period during the year of income. - Lodge tax return for large/medium new registrant (non-taxable) head company of a consolidated group.
- Lodge and pay Self-managed superannuation fund annual return (NAT 71226) for new registrant (taxable and non-taxable) SMSF, unless they have been advised of a 31 October 2021 due date at finalisation of a review of the SMSF at registration.
- Lodge and pay quarter 2, 2021–22 activity statement for all lodgment methods.
- Pay quarter 2, 2021–22 instalment notice (form R, S or T). Lodge the notice only if you vary the instalment amount.
- Annual GST return – lodge (and pay if applicable) if the taxpayer does not have a tax return lodgment obligation.
- If the taxpayer does have a tax return obligation, this return must be lodged by the due date of the tax return. - Lodge and pay quarter 2, 2021–22 Superannuation guarantee charge statement – quarterly if the employer did not pay enough contributions on time.
- Employers lodging 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.
March 2022
21 March
- Lodge and pay February 2022 monthly business activity statement.
31 March
- Lodge tax return for companies and super funds with total income of more than $2 million in the latest year lodged (excluding large/medium taxpayers), unless the return was due earlier.
- Payment for companies and super funds in this category is also due by this date. - Lodge tax return for the head company of a consolidated group (excluding large/medium), with a member who had a total income in excess of $2 million in their latest year lodged, unless the return was due earlier.
- Payment for companies in this category is also due by this date. - Lodge tax return for individuals and trusts whose latest return resulted in a tax liability of $20,000 or more, excluding large/medium trusts.
- Payment for individuals and trusts in this category is due as advised on their notice of assessment.
April 2022
21 April
- Lodge and pay quarter 3, 2021–22 PAYG instalment activity statement for head companies of consolidated groups.
- Lodge and pay March 2022 monthly business activity statement.
28 April
- Lodge and pay quarter 3, 2021–22 activity statement if electing to receive and lodge by paper and not an active STP reporter.
- Pay quarter 3, 2021–22 instalment notice (form R, S or T). Lodge the notice only if you are varying the instalment amount.
- Make super guarantee contributions for quarter 3, 2021–22 to the funds by this date.
- Employers who do not pay minimum super contributions for quarter 3 by this date must pay the super guarantee charge and lodge a Superannuation guarantee charge statement – quarterly (NAT 9599) by 28 May 2022.
30 April
- Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 3, 2021–22.
- Lodge lost members report for the period 1 July 2021 to 31 December 2021.
May 2022
15 May
- Lodge 2021 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.
26 May
- Lodge and pay eligible quarter 3, 2021–22 activity statements if you or your client have elected to receive and lodge electronically.
28 May
- Lodge and pay quarter 3, 2021–22 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.
June 2022
5 June
- Lodge tax return for all entities with a lodgment due date of 15 May 2022 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 2022 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 2022 monthly business activity statement.
25 June
- Lodge and pay 2022 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 2021–22 financial year.
Note: If any of your clients receive Child Care Subsidy and Family Tax Benefit payments from Services Australia, the client and their partners must lodge their 2020–21 tax return by 30 June 2022, regardless of any deferrals in place.
July 2021
1 July 2021 – Individual income tax returns due from now until 31 October if preparing and lodging yourself.
14 July 2021 – Employers must issue PAYG withholding payment summaries to employees by today.
21 July 2021 – Lodge and pay June BAS (if you lodge monthly).
28 July 2021 – Lodge and pay Q4 (April – June) BAS (if you lodge quarterly).
28 July 2021 – Super guarantee contributions for Q4 (April – June) is due by today.
August 2021
14 August 2021– PAYG withholding payment summary annual report due
21 August 2021– Lodge & Pay July BAS (if you lodge monthly)
September 2021
21 Sept 2021 – Lodge and pay August BAS (if you lodge monthly).
October 2021
21 Oct 2021 – Lodge and pay September BAS (if you lodge monthly)
28 Oct 2021 – Lodge & pay your Q1 (July - Sept) BAS (if you lodge quarterly)
Super guarantee contributions for Q1 (July - Sept) is due by today
November 2021
21 November 2021 – Lodge & pay October BAS (if you lodge monthly)
December 2021
21 Dec 2021 – Lodge & pay November BAS (if you lodge monthly)
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