Ancillary funds must submit an ancillary fund return to us.
An ancillary fund return is not an income tax return.End of attention
Ancillary funds must ensure that any benefit (money or property) bestowed is distributed only to a fund, authority or institution endorsed under Subdivision 30-B of the Income Tax Assessment Act 1997 as a deductible gift recipient (DGR) under item 1 of the table in section 30-15 of that Act. A benefit must not be bestowed on a fund, authority or institution that is endorsed as a DGR under item 2 of the table.
The Australian Business RegisterExternal Link shows whether a DGR is covered by item 1 or 2.End of further information
How to submit the return
The Private ancillary fund guidelines 2009 advise that a private ancillary fund will need to lodge a return in the form approved by the Commissioner of Taxation for private ancillary funds to use.
The Public ancillary fund guidelines 2011 advise that a public ancillary fund will need to lodge a return in the form approved by the Commissioner of Taxation for public ancillary funds to use.
For the period 1 July 2012 to 30 June 2013, or an approved substitute accounting period, the approved form for both private and public ancillary funds is the Ancillary fund return 2013 (PDF, 464KB).End of further information
You may type directly into this form before printing or you may print the form and write the information.
If typing, first check that you can save a copy of the completed form to your computer. Enter some text into the first field, save and close the file, then re-open it to check that the text you entered is displayed.
If you cannot save the form, print a completed copy before you close it.
After you have completed and printed the form, you need to sign it.
Mail your completed ancillary fund return to the address provided on the form.
For help completing the ancillary fund return, refer to the step-by-step instructions provided in the Ancillary fund return instructions 2013.End of further information
Do not submit the ancillary fund's audit report and financial statements unless you need to do so because of particular circumstances, such as the winding-up of the fund.End of attention
Lodgment due date
The Commissioner sets the lodgment due date for the ancillary return form through individual notices issued under section 163 of the Income Tax Assessment Act 1936.
The notices we will issue for the 2012–13 financial year will generally have a lodgment due date of 28 February 2014.
If you are unable to lodge your return by the lodgment due date on the notice issued to you, phone us on 1300 130 248 before the due date to find out if you can arrange extra time to lodge.
Failure to provide the completed return by the lodgment due date may result in the imposition of an administrative penalty.End of attention