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  • When to lodge and pay

    The due date for lodging the entity's notification of PRRT instalment transfer interest charge is 29 August following the end of the year of tax for which you are lodging. Lodging the entity's notification with the PRRT return for the project will assist with prompt processing of the return and notification.

    You need to lodge your notice by mail, therefore make sure you post it in time for us to receive it by the due date to avoid penalties.

    The ATO will calculate the amount of the interest charge and provide the entity with a notice stating the amount of the instalment transfer interest charge liability. The notice provided will include details about how and when to pay.

    What if you can't lodge on time?

    Phone us on 13 28 66 between 8:00 am and 6:00 pm, Monday to Friday, to check whether alternative arrangements can be made. A penalty may be applied if the entity fails to lodge on time.

    Find out more

    Administrative approach to PRRT

    Last modified: 08 Mar 2013QC 56565