Eligible NFP organisations may now be able to apply for franking credit refunds for the 2025-26 income year.
Your organisation may be eligible for a refund if it received franked dividends or franked trust distributions during the income year and had no taxable income, net income or tax payable. Before applying, check that your organisation is eligible, as NFPs that are self-assessing as income tax exempt are not eligible to claim a refund of franking credits.
If your income year ends on 30 June, you can apply on or after 1 July. However, if you have an ATO-approved substituted accounting period (SAP), apply from the day after your SAP has ended. There's no deadline to lodge, but earlier applications mean earlier refunds.
Before you lodge:
- Review the instructions at Filling in your refund of franking credits application form.
- Update your details if your organisation's name or address has changed - you can update them online, by phone, or through your registered tax agent or BAS agent.
- Gather your dividend and distribution statements for the relevant income year.
- Check that you haven't already applied this year - you can only make one application per entity, per year.
When you're ready, submit your application using the Application for refund of franking credits (NAT 4131, PDF 287KB)This link will download a file form. If you claimed a refund last year, you can use the personalised form that we sent your organisation in June. If you have not received it or require a replacement, call us on 1300 130 248.
Tax professionals can help you complete the paper form. However, the application can't be lodged through a tax agent or the practitioner lodgment service.
We usually progress franking credit refund applications within 50 business days. If you have a question about the progress of your application, phone us on 13 28 66. When prompted, select Account enquiries and then Progress of a refund.
More information
Visit Refund of franking credits for not-for-profit entities for more information, such as who is eligible to apply, the rules on franking credits and how to submit an amendment or fix a mistake with your application.
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