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  • Loss carry back – 2020–21 early balancer substituted accounting period or lodging a company tax return for part year

    This form is only available for use until 30 June 2021.

    From 1 July 2021

    From 1 July 2021, you make the choice to carry back losses and claim a loss carry back tax offset by completing the relevant labels in your 2021 company tax return form. The 2021 company tax return form is now available on our website.

    Before 1 July 2021

    Eligible corporate entities who have an early balancer substituted accounting period (SAP) or who need to lodge a company tax return for a part year for 2020–21 income year can claim the loss carry back tax offset by:

    • completing the Loss carry back claim form
    • including your loss carry back tax offset amount at the Refundable tax offset (Label E) of the calculation statement of the company tax return.

    Other eligible corporate entities, like 30 June balancers, will be able to make the choice to carry back losses in the 2020–21 company tax return.

    On this page:

    See also:

    Loss carry back claim form

    This form should be used by corporate entities who want to claim a loss carry back offset for the 2020–21 income year prior to 1 July 2021 and who either:

    • have an early balancer substituted accounting period (SAP)
    • need to lodge a company tax return for part of the 2020–21 income year.

    Before lodging your company tax return, use this form to notify us of your:

    • choice to carry back losses to an income year
    • aggregated turnover for the relevant loss years.

    If you do not lodge this form with the required information before lodging your company tax return, we may consider that you have not made the choice to claim the loss carry back tax offset.

    In order to avoid delays in processing your company tax return you should:

    • lodge the Loss carry back claim form at least 5 business days before lodging your company tax return
    • use Online services for agents, Online services for business, or the Business Portal to lodge.

    Who should complete this form

    This form should be completed by either the public officer or registered tax agent who lodges a 2020–21 company return for the corporate entity before 1 July 2021. From 1 July 2021 you must use the 2020–21 company tax return form.

    To complete the Loss carry back claim form:

    • We recommend you use a desktop device or laptop.
    • Download the form below by right clicking on the link and selecting Save (link) target as (wording may vary depending on your internet browser).
    • Open the form and enable JavaScript if prompted.
    • Complete the form on your computer and save a copy.

    Next step:

    Completing the form

    Refer to the Loss carry back claim form instructions for information on how to complete the form.

    How to lodge the form

    Keep a copy of the completed form for your own records.

    The completed form needs to be submitted 5 business days before lodging your company tax return to avoid processing delays.

    You can lodge your form:

    • via Online services for agents, Online services for business or the Business Portal      
      • select New message
      • Topic name: Income Tax
      • Subject: Lodge loss carry back claim form
      • Attach the saved PDF form.
    • By post to

      Australian Taxation Office
      PO Box 3000
      PENRITH NSW 2740

    Note: Lodging your form by post will delay the processing of your company tax return. We encourage you to lodge your form via Online services for agents, Online services for business or the Business Portal.

    Last modified: 10 Jun 2021QC 64813