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  • Instructions for PRRT instalment statement

    Read these instructions before completing the Petroleum resource rent tax (PRRT) instalment statement (NAT 9848).

    Lodge an instalment statement for the entity's interest in a petroleum project for an instalment period if the entity either:

    • is liable to pay an instalment amount for that petroleum project for that instalment period
    • lodged an instalment statement for that petroleum project for a previous instalment period in the same year of tax.

    Do not lodge an instalment statement for the entity's interest in an exploration permit or retention lease.

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    Complete a separate PRRT instalment statement for the entity's interest in each petroleum project.


    Consolidation does not alter the fact that PRRT is calculated separately for each project.

    For example, members of a wholly-owned group hold a number of interests in three separate onshore petroleum projects. Upon consolidating the three projects for PRRT, the head company

    • is taken to hold a single interest in each of the three projects
    • is responsible for the PRRT obligations for each project

    lodges three instalment statements for each instalment period – one for each project.

    End of attention

    All amounts on the PRRT instalment statement need to be expressed in Australian dollars. Round down to whole-dollar amounts (do not include cents).

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    refer to the Petroleum Resource Rent Tax Assessment Act 1987.

    End of find out more

    PRRT instalment statement information

    If this is a revision to a previously lodged PRRT instalment statement, indicate the revision number in the box provided (1 for first revision, 2 for second revision, and so on). Fill out the form in full. Do not insert only the information affected by the revision.

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    Correcting PRRT instalment statement mistakes.

    End of find out more

    The year of tax for PRRT begins on 1 July and ends on 30 June the following year. Insert the relevant years to signify the start and the end of the year of tax.

    Place an X in the appropriate box to indicate the applicable instalment period.

    Last modified: 19 Feb 2014QC 56562