Fund income tax return instructions 2011

Lodgment due date

The requirement to lodge a tax return together with the due date and acceptable method for lodging returns, statements and schedules are set out in the 'legislative instrument' which is registered on the Federal Register of Legislative Instruments.

For funds with an income year ending on 30 June 2011, the due date for lodgment is 31 October 2011. However, most funds will have a different due date if the return is lodged by a tax agent as part of their tax agent lodgment program or as otherwise advised by us.

If you do not lodge the fund's tax return by the due date, it may be subject to a failure to lodge on time penalty. A general interest charge (GIC) will begin to accrue from the due date for payment until the amount is paid in full; see Penalties and interest charges.

If we receive tax returns without all the required information and schedules attached, we may not consider them to have been lodged in the approved form. Unless all information and schedules are lodged by the due date, we may apply a penalty for failure to lodge on time.

Keep records so the information reported on the tax return can be verified at a later date; see Record-keeping requirements.

Do not attach a payment to the tax return; see Payment.

Sections within Completing and lodging the tax return

• Australian Prudential Regulatory Authority regulated superannuation funds
• Self-managed superannuation funds
• Lodging the tax return, schedules and other documents
• Lodgment due date
• Penalties and interest charges