ASIC Lodgement Extension for 2020
ASIC has again provided further relief to Australian companies affected by COVID-19 and is permitting all companies with a reporting / balance date up-to 30 June 2020 (7 July 2020 in some cases) to lodge their financial statements with ASIC up-to one month after the normal lodgement date for the financial report.
For example, this change will permit a large private company to lodge by 30 November, rather than the normal 31 October.
The change in lodgement deadlines extends to most lodgements, meaning the lodgement extension is also available to companies with an Australian Financial Services Licence (“AFSL”).
ASIC’s lodgement extension includes relief in respect of holding Annual General Meetings and further guidance is available on the ASIC website (refer ASIC 20-113MR).
If you require further assistance or have any questions about your lodgement deadlines, please contact your usual Mazars advisor or alternatively contact one of our specialists:
Brisbane – Matthew Green
Melbourne – Craig Silvester
Sydney – Rose Megale
+61 7 3218 3900
+61 3 9252 0800
+61 2 9922 1166
Link to ASIC Media Release:
Published: 22 May 2020
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