Show download pdf controls
  • Section B: Income



    This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

    End of attention

    This section deals with all income the fund received, or was entitled to receive, during the 2008-09 income year. Do not show cents for any amount you write at this section on your tax return.

    Is the fund a complying or non-complying fund?

    The compliance status of the fund affects how you report income and the tax rates that apply. A fund is a complying superannuation fund unless APRA issues the fund with a Notice of non-compliance. If the fund is a regulated superannuation fund and you have not received a notice of non-compliance, then the fund is a complying fund.

    How GST affects the tax return

    If the fund is registered for GST purposes, exclude the GST amount from the income you write on the tax return. The deductions you write are also reduced by the GST amount.

    If the fund is not registered for GST purposes, the deductions you write are the GST-inclusive amounts that the fund incurred. Special rules apply to GST adjustments. To register for GST apply online at Link

    Last modified: 29 Jul 2020QC 21714