As a trustee, lodging your trust tax returns on time is an important part of meeting your obligations. We recognise that sometimes trustees don't meet their lodgment obligations on time, even with the best intentions. Contact us if you need additional time to lodge. We'll always consider your circumstances when deciding what action to take.
However, we're concerned that too many trustees are lodging late or simply not lodging at all. Lodgment is a requirement where the trust derives income. Persistent non-lodgment can be an indicator that a taxpayer’s circumstances require closer examination and is an ongoing focus for us.
We check the information provided by trustees and beneficiaries in their tax returns against other data we receive to ensure the appropriate amount of tax is being paid. If your lodgments are up to date, you'll be less likely to hear from us, and we can focus our resources on those attempting to avoid their obligations.
Help to get back on track
Our priority is to work with you to bring your lodgments up to date. If you need extra time, guidance, or help with your circumstances, contact us by phone or visit our online resources for support. You can also seek guidance from a registered tax practitioner.
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