Where instructed, you must complete the required schedules.
Returns lodged without all the required schedules may be considered not to have been lodged in the approved form. Unless all schedules are lodged by the due date, a failure to lodge on time penalty may be applied.
The schedules that may be required to be sent with the AMIT tax return are:
- AMIT tax schedule
- Capital gains tax (CGT) schedule
- International dealings schedule (IDS)
- Rental property schedule
- Non-individual PAYG payment summary schedule
Number of schedules required for separate AMIT classes
If you have not made the election to treat classes of interests as separate AMITs, you should only lodge one AMIT tax schedule and, only one of any other schedule that may be applicable.
Where you have elected to treat classes of interests as separate AMITs, you must complete one AMIT tax schedule for each AMIT class. Where applicable you should also complete:
- a separate CGT schedule for each AMIT class
- a separate Rental property schedule for each AMIT class.
- one International dealings schedule for the trust as a whole
- one non-individual PAYG summary schedule for the trust as a whole