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When the first NFP self-review return is due

The first NFP self-review return must be lodged for the 2023–24 income year and each subsequent income year.

Last updated 8 July 2024

Lodgment date

For organisations with an income year ending 30 June, the 2023–24 NFP self-review return is due between 1 July and 31 October 2024.

  • If you are set up in Online services for business you can lodge your NFP self-review return from 1 July 2024.
  • If you can't access online services, you can submit the 2023–24 NFP self-review return by phoning our Self-help service on 13 72 26.
  • If you require additional time to lodge, you don't need to call us to request extra time to lodge your NFP self-review return. We have support available up to 31 March 2025.

A new return must be lodged each income year. NFPs don't need to lodge a NFP self-review return for any income years prior to 2023–24.

Substituted accounting periods

Some NFPs operate on a substituted accounting period (SAP), which is an income year that is not the standard tax year of 1 July to 30 June.

SAPs may be granted to NFPs where they can demonstrate that an ongoing event, industry practice, business driver or other ongoing circumstance makes 30 June an inappropriate or impractical balance date.

NFPs that do not have an ATO approved SAP need to lodge their NFP self-review return based on their purpose, and activities undertaken, in the year ending 30 June.

If you don't have an ATO approved SAP

To have a SAP approved, an NFP needs to demonstrate a business need that makes 30 June inappropriate or impractical as a balance date.

In most situations, income tax exempt NFPs won't be required to have their financial reports prepared for the period ending 30 June to lodge their NFP self-review return. This is because the self-review return mainly requires consideration of the NFPs activities and its governing documents.

Your NFP board or committee can use the NFP self-review guide to conduct an early review of their income tax eligibility during a normal meeting or out of session meeting. You don’t need to wait for the annual general meeting to approve and lodge the return.

Additionally, your NFP self-review return doesn't need to align with periods for other federal, state or territory and local reporting.

Example: sporting club operating on an income year ending 31 December

Mountain Meadows Athletics Club has always prepared its financial reports on a calendar year basis (ending 31 December) but it doesn't have an ATO approved SAP. Its governing documents state that it is established to promote the sport of competing in track and field events. Its main activities are running track and field events and it also undertakes fundraising to support these activities. Its only purpose is to promote the sport of athletics. It also incurs minor expenditure when purchasing equipment from an international supplier.

The club does not need to apply for a SAP and can continue to prepare financial reports on a calendar year basis. It only needs to consider its purpose, and activities undertaken, in the year ending 30 June to lodge its NFP Self-review return.

End of example

If your NFP determines they are taxable

NFPs that become aware they are taxable after self-reviewing their income tax eligibility, can apply for an ATO approved SAP for the purposes of lodging an income tax return.

However, if a taxable NFP is not eligible for an ATO approved SAP they will need to prepare financial reports for the period ending 30 June to calculate their taxable income and lodge their income tax return.

For more information see transitional support if you determine you are taxable

If you have an ATO approved SAP

NFPs with an ATO approved SAP for income tax need to follow the SAP due dates to lodge their NFP self-review return. See SAP lodgment due dates for 2023–24.

SAP lodgment due dates for 2023–24

The first NFP self-review return for the 2023–24 income year becomes available for lodgment in Online Services on 1 July 2024.

If you can't lodge using online services by the due date and require additional time to lodge, we have transitional support available.

Table: SAP due dates for the 2023–24 income year

SAP code

Approved balance date

2023–24 NFP self-review return due date

A

31 Dec 2023

December balancer

31 October 2024

B

31 Jan 2024

January balancer

31 October 2024

C

29 Feb 2024

February balancer

31 October 2024

D

31 Mar 2024

March balancer

31 October 2024

E

30 Apr 2024

April balancer

15 November 2024

F

31 May 2024

May balancer

15 December 2024

G

31 July 2024

July balancer

15 February 2025

H

31 Aug 2024

August balancer

15 March 2025

I

30 Sep 2024

September balancer

15 April 2025

J

31 Oct 2024

October balancer

15 May 2025

K

30 Nov 2024

November balancer

15 June 2025

 

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