The Offshore Petroleum (OP) Levy recovers costs of decommissioning and remediating the Laminaria and Corallina oil fields and associated infrastructure. If you're a leviable entity, you must report your petroleum production for the 2024–25 financial year by 31 December 2025.
How to lodge your OP Levy return
Online lodgment is the easiest way to submit your return. To lodge online:
- Download and complete the OP Levy return form (PDF, 768KB)This link will download a file. Keep a copy and supporting records for at least 5 years from the lodgment date.
- Sign in to Online services for business and follow these steps:
- Go to Communication and Secure Mail.
- Click New to start a new message.
- Select View more topics from the Topic list.
- Choose Petroleum Resource Rent Tax, then choose General enquiries.
- Fill in all the required fields and attach your completed OP Levy return form.
- Complete the declaration and click Send.
You'll receive a receipt number once your return is successfully lodged.
If you're unable to lodge online, refer to the lodge and pay instructions for alternative options.
Assessment and payment
Once all OP Levy returns are lodged, we'll determine the total levy payable for each entity and issue a notice of assessment. If you owe a levy, you must pay it within 21 days of receiving your assessment notice. Late payments may attract general interest charge.
Need more time to lodge or pay?
If you’re unable to submit your return or make payment on time, email OPLevy@ato.gov.au to request more time. In some cases, we may grant an extension.
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