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Ability to lodge nil activity statements in advance
The ATO generally issues activity statements by the end of the relevant month under their normal processes, allowing the statement to be lodged by 21 days after the end of the month, or 28 days after the end of the relevant quarter (as appropriate).
However, the ATO recognises that there may be a specific reason for a taxpayer to access their activity statements early, so activity statements can be generated early in some cases, such as where the tax payer is going to be absent from their place of business before the end of the report period (and the business will not be trading during that period), or if the taxpayer's entity is under some form of administration, or the business has ceased.
There are certain eligibility requirements to take advantage of this service, so please contact us if this is of interest to you.
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