{"id":"F2017L00529","name":"Requirement to lodge a return for the year of income ended 30 June 2017 under the Income Tax Assessment Act 1936, the Income Tax Assessment Act 1997, the Income Tax (Transitional Provisions) Act 1997, the Taxation Administration Act 1953, the Superannuation Industry (Supervision) Act 1993, the Higher Education Support Act 2003 and the Trade Support Loans Act 2014","slug":"f2017l00529","collection":"legislative_instrument","jurisdiction":"commonwealth","status":"in_force","isInForce":true,"actNumber":null,"makingDate":null,"administeringDepartment":null,"currentVersion":{"id":317476,"registerId":"commonwealth-F2017L00529-current","compilationNumber":null,"startDate":"2026-04-08","status":"InForce","reasons":null,"registeredAt":null},"sections":[{"sectionNumber":"Table A","sectionType":"section","heading":"Table A","content":"###### Table A\n\nEvery person not covered by Tables O or P who during the year of income:\n\n1.  had an amount withheld from payments or an amount paid to the Commissioner of Taxation (‘the Commissioner’) under the Pay As You Go (PAYG) withholding system, other than:\n\na) payments covered by section 12-140 and section 12-145 of Schedule 1 to the Taxation Administration Act 1953 that relate to an unfranked or partially franked dividend where the total amount of dividends or distributions received and franking credits (if any) was $18,200 or less; or\n\nb) payments covered by Subdivision 12-F of Schedule 1 to the Taxation Administration Act 1953 (relating to certain dividend, interest and royalty payments); or\n\nc) payments covered by Subdivision 12-FA of Schedule 1 to the Taxation Administration Act 1953 (relating to departing Australia superannuation payments); or\n\nd) payments covered by section 12-319A of Schedule 1 to the Taxation Administration Act 1953 that relate to payments to persons participating in the Seasonal Labour Mobility Program; or\n\ne) payments covered by section 12-320 of Schedule 1 to the Taxation Administration Act 1953 (relating to mining payments); or\n\nf) payments covered by Subdivision 12-H of Schedule 1 to the Taxation Administration Act 1953 (relating to fund payments from withholding managed investment trusts (MIT)); or\n\ng) payments covered by Subdivision 12A-C of Schedule 1 to the Taxation Administration Act 1953 (relating to deemed payments by attribution managed investment trusts (AMIT)); or\n\nh) payments withheld from a superannuation lump sum to which section 303-10 of the Income Tax Assessment Act 1997 (concerning certain superannuation lump sum payments received by a person with a terminal medical condition) applies; or\n\n2. incurred a tax loss or made a net capital loss or is entitled to deduct a tax loss or apply a net capital loss of an earlier year of income, or being a company or trust estate has undeducted tax losses or unapplied net capital losses of any earlier year of income where those losses exceed $1,000 or, being a company, transfers a tax loss or net capital loss to another group company; or\n\n3. carried on a business; or\n\n4. was entitled to income as a beneficiary of a trust estate that has operated a ‘primary production business’ (as defined in section 995-1 of the Income Tax Assessment Act 1997) in Australia; or\n\n5. had an individual interest in the net income or partnership loss of a partnership which operated a primary production business (as defined) in Australia; or\n\n6. was at all times under 18 years of age and whose income for the year of income was more than $416 (excluding salary or wages or other payments for work that was personally performed), or whose income from dividends or distributions and franking credits for the year of income was more than $416; or\n\n7. received income subject to the provisions of sections 23AF or 23AG of the Income Tax Assessment Act 1936 and received $1 or more of other income; or\n\n8. paid an instalment amount under the PAYG instalment system; or\n\n9. was a special professional as defined by Division 405 of the Income Tax Assessment Act 1997; or\n\n10. was entitled to claim the private health insurance tax offset under Subdivision 61-G of the Income Tax Assessment Act 1997 and did not claim the correct offset as a premium reduction, unless a choice has been made under section 61-215 of the Income Tax Assessment Act 1997 (relating to reallocation of the private health insurance offset between spouses); or\n\n11. had reportable fringe benefits identified on their payment summary; or\n\n12. had reportable employer superannuation contributions identified on their payment summary; or\n\n13. derived assessable income from dividends or distributions and franking credits that exceeded $18,200; or\n\n14. made one or more personal contributions to a complying superannuation fund or retirement savings account and will be eligible to receive a super co‑contribution in relation to those contributions; or\n\n15. has exceeded their concessional contributions cap for the corresponding financial year; or\n\n16. has exceeded their non-concessional contributions cap for the corresponding financial year;\n\n17. received an Australian superannuation lump sum that included an untaxed element when aged 60 years or over; or\n\n18. received an Australian superannuation lump sum that included a taxed element or an untaxed element when aged under 60 years.","sortOrder":0},{"sectionNumber":"Table B","sectionType":"section","heading":"Table B","content":"######   \nTable B\n\nEvery person, except where they are described in Tables O or P, who has received from an authorised officer of the Australian Taxation Office a letter described as:  \n  \n'Notification of requirement for a detailed form of return for the year of income ended 30 June 2017 (or approved substituted accounting period)'.","sortOrder":1},{"sectionNumber":"Table C","sectionType":"section","heading":"Table C","content":"###### Table C\n\nEvery person (not being a full self-assessment taxpayer), except where they are described in Table N, who was an Australian resident for the whole of the year of income and whose taxable income for the year of income exceeded $18,200.","sortOrder":2},{"sectionNumber":"Table D","sectionType":"section","heading":"Table D","content":"###### Table D\n\nEvery person (not being a full self-assessment taxpayer), except where they are described in Table N, who was not an Australian resident at any time during the year of income and derived income (including capital gains) that is taxable in Australia other than:\n\na) dividend, interest or royalty income subject to withholding payments covered by Subdivision 12-F of Schedule 1 to the Taxation Administration Act 1953, and\n\nb) fund payments from withholding MITs subject to withholding covered by Subdivision 12-H of Schedule 1 to the Taxation Administration Act 1953, and\n\nc) payments covered by Subdivision 12A-C of Schedule 1 to the Taxation Administration Act 1953 (relating to deemed payments by AMITs).","sortOrder":3},{"sectionNumber":"Table E","sectionType":"section","heading":"Table E","content":"###### Table E\n\nEvery person (not being a full self-assessment taxpayer), except where they are described in Table N, who was an Australian resident for only part of the year of income and whose taxable income exceeded the lesser of $18,200 or $13,464 plus $395 for each month the person was an Australian resident (including the month in which the person became, or ceased to be, an Australian resident).","sortOrder":4},{"sectionNumber":"Table F","sectionType":"section","heading":"Table F","content":"###### Table F\n\nEvery person being a full self-assessment taxpayer (excluding trustees of superannuation funds, approved deposit funds and pooled superannuation trusts) not covered by Table O or Table P that during the year of income:\n\n1.  was an Australian resident, and derived income (including capital gains) from sources in Australia or sources outside Australia; or\n2.  was a non-resident of Australia, and derived income (including capital gains) that is taxable in Australia other than:\n\na) dividend, interest or royalty income subject to withholding payments covered by Subdivision 12-F of Schedule 1 to the Taxation Administration Act 1953, and\n\nb) fund payments from withholding MITs subject to withholding covered by Subdivision 12-H of Schedule 1 to the Taxation Administration Act 1953, and\n\nc) payments covered by Subdivision 12A-C of Schedule 1 to the Taxation Administration Act 1953 (relating to deemed payments by AMITs).","sortOrder":5},{"sectionNumber":"Table G","sectionType":"section","heading":"Table G","content":"###### Table G\n\nEvery trustee of a superannuation fund, an approved deposit fund, a pooled superannuation trust, not covered by Table O or Table P, that during the year of income:\n\n1.  was an Australian resident; or\n2.  was a non-resident of Australia, and derived income (including capital gains) that is taxable in Australia other than:\n\na) dividend, interest or royalty income subject to withholding payments covered by Subdivision 12-F of Schedule 1 to the Taxation Administration Act 1953, and\n\nb) fund payments from withholding MITs subject to withholding covered by Subdivision 12-H of Schedule 1 to the Taxation Administration Act 1953, and\n\nc) payments covered by Subdivision 12A-C of Schedule 1 to the Taxation Administration Act 1953 (relating to deemed payments by AMITs).\n\nNote:","sortOrder":6},{"sectionNumber":"Trustees of self-managed superannuation ","sectionType":"section","heading":"Trustees of self-managed superannuation funds to which this table applies are required to lodge the Self-managed superannuation fund annual return 2017. Other entities to which this table applies are required to lodge the Fund income tax return 2017.","content":"###### Trustees of self\\-managed superannuation funds to which this table applies are required to lodge the Self\\-managed superannuation fund annual return 2017. Other entities to which this table applies are required to lodge the Fund income tax return 2017.","sortOrder":7},{"sectionNumber":"Table H","sectionType":"section","heading":"Table H","content":"###### Table H\n\nEvery person that during the year of income was a head company of a consolidated group or a multiple entry consolidated (MEC) group in accordance with Part 3-90 of the Income Tax Assessment Act 1997.","sortOrder":8},{"sectionNumber":"Table I","sectionType":"section","heading":"Table I","content":"###### Table I\n\nEvery person liable for tax as:\n\n1.  'master of the ship or agent or other representative in Australia of the owner or charterer' in accordance with section 130 of the Income Tax Assessment Act 1936; or\n2.  a person having 'control of a non-resident's money' in accordance with section 255 of the Income Tax Assessment Act 1936.","sortOrder":9},{"sectionNumber":"Table J","sectionType":"section","heading":"Table J","content":"###### Table J\n\nIn accordance with Division 15 of Part III of the Income Tax Assessment Act 1936, every person liable for tax as:\n\n1.  an ‘agent for a non-resident insurer’; or\n2.  an ‘agent for a non-resident reinsurer’.","sortOrder":10},{"sectionNumber":"Table K","sectionType":"section","heading":"Table K","content":"###### Table K\n\nA partnership return required under this instrument, including for a ‘foreign hybrid’ treated as a partnership by Division 830 of the Income Tax Assessment Act 1997, is to be lodged by the partners resident in Australia or by any of them who satisfy the conditions set out below (other than a partner described in Table Q):\n\na) if all those partners have equal individual interests in the net income, or partnership loss, of the partnership in the year of income, as the case may be – by any one of those partners;\n\nb) if 2 or more of those partners have equal individual interests in the net income, or partnership loss, of the partnership in the year of income, as the case may be, and those interests are greater than the individual interest of any other of those partners in that net income or partnership loss – by any one of the first-mentioned partners; or\n\nc) if paragraph (a) or (b) does not apply – by whichever of those partners has the greater or greatest individual interest in the net income, or partnership loss, of the partnership in the year of income, as the case may be.\n\nIf there is no partner resident in Australia, the return is to be lodged by the partnership’s agent in Australia.","sortOrder":11},{"sectionNumber":"Table L","sectionType":"section","heading":"Table L","content":"###### Table L\n\nEvery trustee of a trust estate not covered by Tables N, O, P or R that derived income (including capital gains) during the income year. The return is required to be lodged by the trustee resident in Australia. If there is no trustee resident in Australia, the return is to be lodged by the trust’s public officer or, where no public officer is appointed, by the trust’s agent in Australia.\n\nNote:\n\nThe trustee of an AMIT to which this table applies is required to lodge an Attribution managed investment trust tax return 2017. Other trustees to which this table applies are required to lodge the Trust tax return 2017.\n\nTable M\n\n    Any person who was a foreign resident (within the meaning of subsection 995-1(1) of the Income Tax Assessment Act 1997) during the year of income, and:\n\n    a) on 1 June immediately preceding the year of income had an accumulated HELP debt (within the meaning of section 140-25 of the Higher Education Support Act 2003); and\n\n    b) whose income was more than $13,717 for the year of income (see paragraph 14(2)(a) of the Overseas Debtors Repayment Guidelines 2017). This income is the sum of the person’s repayment income within the meaning of section 154-5 of the Higher Education Support Act 2003 and any foreign-sourced income; or\n\n    2. Any person who was a foreign resident (within the meaning of subsection 995-1(1) of the Income Tax Assessment Act 1997) during the year of income, and:\n\n    a) on 1 June immediately preceding the year of income had an accumulated TSL debt (within the meaning of section 35 of the Trade Support Loans Act 2014); and\n\n    b) whose income was more than the $13,717 for the year of income (see paragraph 17(5)(a) of the Trade Support Loan Rules 2014). This income is the sum of the person’s repayment income within the meaning of section 5 of Trade Support Loans Act 2014 and section 154\\-5 of the Higher Education Support Act 2003 and any foreign-sourced income.\n\nNote:\n\nA person under Table M is also required to lodge a notice relating to the person’s foreign sourced income (see subsection 154-18(3) of the Higher Education Support Act 2003 and/or subsection 47C(3) of the Trade Support Loans Act 2014).\n\nExceptions to the requirement to lodge an income tax return under this instrument\n\nA person described in Tables C, D, E, or L is not required to lodge an income tax return under this legislative instrument if they are described in Table N. (See the Note after Table N).\n\nA person described in Tables O, P or R is not required to lodge an income tax return.\n\nA person described in Table Q is not required to lodge a partnership tax return.","sortOrder":12},{"sectionNumber":"Table N (to be read in conjunction with ","sectionType":"section","heading":"Table N (to be read in conjunction with Tables C, D, E and L)","content":"###### Table N (to be read in conjunction with Tables C, D, E and L)\n\n1.  Every person whose assessable income during the year of income included payments received in respect of one or more of:\n\na) Social security benefits and allowances, that is, Newstart allowance, sickness allowance, Youth allowance, Disaster recovery allowance, special benefit, widow allowance, partner allowance, parenting payment (partnered), Austudy payment;\n\nb) Farm Household allowance;\n\nc) Specified Commonwealth education and training payments to persons 16 years or older, that is, payments made under ABSTUDY (including the ABSTUDY Masters and Doctorate Award), the Veterans’ Children Education Scheme, the Military Rehabilitation and Compensation Act Education and Training Scheme (known as ‘MRCA Education Allowance’ on a PAYG payment summary);\n\nd) Commonwealth labour market programs, such as Green Corps Training Allowance, New Enterprise Incentive Scheme Allowance;\n\ne) Income support component of wages paid to participants in the Community Development Employment Projects (CDEP) Scheme and CDEP Scheme participant supplement.\n\nAND\n\nf) who had no other assessable income; or\n\ng) whose taxable income was less than or equal to $20,542.\n\n2. Every person who qualified for a tax offset under section 160AAAA of the Income Tax Assessment Act 1936 during the year of income and whose rebate income was less than or equal to the following amounts:\n\nh) if at any time during the year of income the person was single, widowed or separated - $32,279; or\n\ni) if at any time during the year of income the person and their spouse (married or de facto) had to live apart due to illness or the person or their spouse was in a nursing home - $31,279 or\n\nj) if at any time during the year of income the person and their spouse (married or de facto) lived together - $28,974.\n\nIf a person is covered by more than one category during the year of income, the person is taken to be covered by category (h) or, if category (h) does not apply, category (i).\n\nNote:\n\nLegislative instrument: Requirement to lodge a return for the year of income ended 30 June 2017 under the Income Tax Assessment Act 1936 and the Taxation Administration Act 1953 – Department of Human Services – parents with a child support assessment requires persons to lodge an income tax return where they are a liable or recipient parent under a child support assessment unless they are in receipt of specified Australian Government pensions, allowances or payments for the whole of the year of income and the total of their:\n\nk) taxable income\n\nl) exempt Australian Government allowances, pensions and payments\n\nm) target foreign income\n\nn) reportable fringe benefits\n\no) total net investment loss, and\n\np) reportable superannuation contributions\n\nfor the income year was less than $24,154.","sortOrder":13},{"sectionNumber":"Table O","sectionType":"part","heading":"Table O","content":"# Table O\n\nAny non-profit company that is an Australian resident and whose taxable income for the year of income does not exceed $416.\n\nAny entity within the meaning of section 960-100 of the Income Tax Assessment Act 1997, the income of which is exempt from liability to income tax under the provisions of Division 50 of the Income Tax Assessment Act 1997.\n\nAny State/Territory body, the income of which is exempt from income tax under the provisions of Division 1AB of Part III of the Income Tax Assessment Act 1936.","sortOrder":14},{"sectionNumber":"Table P","sectionType":"part","heading":"Table P","content":"# Table P\n\nAny person that for the whole of the year of income was:\n\na) a subsidiary member of a consolidated group (as defined in Division 703 of the Income Tax Assessment Act 1997); or\n\nb) a subsidiary member of a MEC group (as defined in Division 719 of the Income Tax Assessment Act 1997).\n\nTable Q\n\nA person who has made an election under former subsections 485AA(1) or (2) of the Income Tax Assessment Act 1936 in any prior income year in relation to their interest in a foreign investment fund (within the meaning of former Part XI of the Income Tax Assessment Act 1936) prior to the income year ended 30 June 2011 or an election under paragraphs 830-10(2)(b) or 830-15(5)(b) of the Income Tax Assessment Act 1997 in the income year ended 30 June 2011 or a later income year, so that their interest is treated as either an interest in a foreign hybrid limited partnership (in accordance with subsection 830-10(2) of the Income Tax Assessment Act 1997) or as an interest in a foreign hybrid company (in accordance with subsection 830-15(5) of the Income Tax Assessment Act 1997), for the year of income and that interest does not pass the non-portfolio interest test within the meaning of section 960-195 of the Income Tax Assessment Act 1997, ignoring interests held by associates of the holding entity.\n\nNote:\n\nA partner is required to include details of all relevant income, expenditure and deduction items, as well as distribution details in their own tax return.\n\nTable R\n\nAny person that is the trustee of a resident trust estate of a deceased person where:\n\na) the deceased person died less than 3 years before the end of the income year; and\n\nb) no beneficiary is presently entitled to a share of the income of the trust estate; and\n\nc) the net income of the trust estate under section 95 of the Income Tax Assessment Act 1936 is less than $18,200; and\n\nd) there are no non-resident beneficiaries of the trust estate.\n\n\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nAustralia includes territories and certain sea installations and offshore areas\n\nIn this instrument 'Australia' includes Norfolk Island, the Territory of Cocos (Keeling) Islands, the Territory of Christmas Island and certain sea installations and offshore areas.\n\n\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nDeferral of time for lodgment of returns\n\nIn accordance with section 388-55 of Schedule 1 to the Taxation Administration Act 1953, the Commissioner may defer the time for lodgment of any return to a date later than the relevant date specified in this instrument.","sortOrder":15},{"sectionNumber":"***********************","sectionType":"part","heading":"***********************","content":"## \\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nNotice of requirement to lodge a return or information\n\nNothing in this instrument prevents the Commissioner or an authorised officer of the Australian Taxation Office from issuing a notice, in accordance with section 162 or section 163 of the Income Tax Assessment Act 1936, requiring a person to give the Commissioner, in the approved form, a return, or further returns, or any information, statement or document about the person’s financial affairs for any year of income.\n\n\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nExemption from requirement to lodge returns\n\nNothing in this instrument prevents the Commissioner or an authorised officer of the Australian Taxation Office from granting an exemption from lodgment, whether conditional or not, for specific returns or classes of returns from time to time.\n\n\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nLodgment of franking returns\n\nIf a corporate tax entity incurs, at any time during its 2016\\-17 income year, a liability to pay franking deficit tax or over-franking tax, or an obligation to disclose information to the Commissioner under section 204-75 of the Income Tax Assessment Act 1997, it is required to lodge a franking return for that income year.\n\nA corporate tax entity is also required to lodge a franking return for its 2016\\-17 income year if a refund of income tax is taken by section 205-50 of the Income Tax Assessment Act 1997 to have been paid to the entity at any time during that year.\n\nIf a corporate tax entity does not incur, during the income year, a liability to pay any amount of franking deficit tax or over-franking tax, or an obligation to disclose information under section 204-75 of the Income Tax Assessment Act 1997, and it has not received a refund of income tax mentioned above, then it is only required to lodge a franking return if it is specifically requested to do so by the Commissioner.\n\nDate of lodgment of franking return\n\nThe franking return must be lodged in the approved form by the last day of the month following the end of the income year in which the liability was incurred, or the refund is taken to have been paid, or the disclosure obligation arose, except in certain cases. This is also the date on which the franking deficit tax and over-franking tax, if any, is payable.\n\nIn certain cases where a refund of income tax is received the taxation law provides for a different payment date for franking deficit tax (namely, 14 days after that refund is received). In these cases the franking return accounting for that refund must be lodged by the payment date provided for in the law.\n\nSpecial rules for late balancing corporate tax entities that elect to use 30 June as a basis for determining their franking deficit tax liability\n\nLate balancing corporate tax entities that elect to use 30 June as a basis for determining their franking deficit tax liability in accordance with the rules contained in Division 205 of the Income Tax (Transitional Provisions) Act 1997 are required to lodge a franking return and meet their liability for franking deficit tax in accordance with the rules contained in Division 214 of the Income Tax (Transitional Provisions) Act 1997.\n\nWhere a late balancing corporate tax entity that elects to have its franking deficit tax liability determined on 30 June 2017 incurs a liability to pay franking deficit tax under Division 205 of the Income Tax (Transitional Provisions) Act 1997, the franking return must be lodged in the approved form by 31 July 2017 except in certain cases. This is also the date on which the franking deficit tax is payable.\n\nIn certain cases where a refund of income tax is received, the taxation law provides for a different payment date for franking deficit tax (namely, 14 days after that refund is received). In these cases the franking return accounting for that refund must be lodged by the payment date provided for in the law.\n\n\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nLodgment of venture capital deficit tax returns\n\nAn entity that is a Pooled Development Fund for the purposes of the Income Tax Assessment Act 1997 at the end of the income year, or that ceases to be a Pooled Development Fund during the income year, that has (or because of a refund of income tax, is taken to have) a deficit balance in its venture capital sub-account at the end of its 2016-17 income year, or immediately before it ceases to be a Pooled Development Fund during that year, is required to pay venture capital deficit tax under section 210-135 of the Income Tax Assessment Act 1997 and is required to lodge a venture capital deficit tax return for that year.\n\nPooled Development Funds which have a nil or credit balance in the venture capital sub-account at the close of the income year or immediately before they cease to be Pooled Development Funds (and which are not taken to have a deficit at the relevant time by virtue of a refund of income tax) are not required to lodge a venture capital deficit tax return.\n\nDate of lodgment of venture capital deficit tax return\n\nThe venture capital deficit tax return must be lodged in the approved form by the last day of the month following the end of the income year. (This is also the date on which the venture capital deficit tax is payable).\n\n\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nRequirement to lodge ancillary fund returns\n\nUnder section 163 of the Income Tax Assessment Act 1936, I require every entity that is a trustee of a public ancillary fund (within the meaning of subsection 426-102(1) of Schedule 1 to the Taxation Administration Act 1953) or a private ancillary fund (within the meaning of subsection 426-105(1) of Schedule 1 to the Taxation Administration Act 1953) to lodge an ancillary fund return in the approved form for the year of income (or an approved substituted accounting period), whether or not the ancillary fund is exempt from income tax.\n\n  \nNote:\n\nFor public ancillary funds and private ancillary funds that are registered as a charity with the Australian Charities and Not-for-profits Commission (ACNC), the ACNC annual information statement that is required to be lodged with the Commissioner of the ACNC is the approved form for the ancillary fund return.\n\nNote:\n\nA trustee of a public ancillary fund or a private ancillary fund that is not registered as a charity with the ACNC and that derived income (including capital gains) during the income year is also required to lodge an income tax return under Table L of this instrument.\n\nDate of lodgment of ancillary fund return\n\nAn entity required to lodge an ancillary fund return whose year of income ends on 30 June 2017 must do so by 31 December 2017.\n\nAn entity that is required to lodge an ancillary fund return that has an approved substituted accounting period must lodge the return no later than the last day of the 6th month after the end of the year of income.\n\nHowever, if an entity is registered as a charity with the ACNC and is therefore required to lodge an ACNC annual information statement with the Commissioner of the ACNC, the date of lodgment of the ancillary fund return will be the lodgment date of the ACNC annual information statement as required under section 60-5 of the Australian Charities and Not-for-profits Commission Act 2012, or such further time as the Commissioner of the ACNC allows.\n\n\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nLodgment of returns in accordance with the Superannuation Industry (Supervision) Act 1993 and lodgment of statements in accordance with the Taxation Administration Act 1953\n\nWhere a taxpayer is a trustee of a self-managed superannuation fund as defined in the Superannuation Industry (Supervision) Act 1993 at any time during the year of income ended 30 June 2017 (or approved accounting period instead), then in accordance with section 35D of the Superannuation Industry (Supervision) Act 1993 the period for lodgment of a return under that section is the period ending on the day that the taxpayer is required to lodge their income tax return. This return forms part of the Self\\-managed superannuation fund annual return 2017 which must be lodged with the Commissioner in accordance with this instrument.\n\n\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nThe requirements for the lodgment of member information statements by superannuation providers in relation to superannuation plans (other than self-managed superannuation funds) are detailed in a separate legislative instrument ‘Lodgment of statements by superannuation providers in relation to superannuation plans (other than self-managed superannuation funds) for each financial year ended 30 June in accordance with the Taxation Administration Act 1953’ (registered in 2014). The lodgment of member information statements by superannuation providers is required under section 390-5 of Schedule 1 to the Taxation Administration Act 1953. The member information statements for superannuation providers in relation to superannuation plans that are self-managed superannuation funds form part of the Self­\\-managed superannuation fund annual return 2017 which must be lodged with the Commissioner in accordance with this instrument.\n\n\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\\*\n\nLodgment in the approved form\n\nIn accordance with subsection 161A(1) of the Income Tax Assessment Act 1936, subsection 214-25(2) of the Income Tax Assessment Act 1997, section 35D of the Superannuation Industry (Supervision) Act 1993, subsection 154-18(3) of the Higher Education Support Act 2003 and subsection 47C(3) of the Trade Support Loans Act 2014, a return required by the Commissioner under this instrument must be lodged in the approved form. Under section 388-50 of Schedule 1 to the Taxation Administration Act 1953, a document is in the approved form if:\n\na) it is in the form approved in writing by the Commissioner;\n\nb) it contains a declaration signed by the person or persons as required;\n\nc) it contains the information required by the form and is accompanied by any further information, statement, or document (including any schedule) required by the Commissioner; and\n\nd) it is given in the manner that the Commissioner requires (which may include electronically).\n\nNote: Giving false or misleading information is an offence.\n\nPenalties for non-compliance\n\nAny person who fails or refuses to give me a return or any other information under the Income Tax Assessment Act 1936 or the Income Tax Assessment Act 1997 commits an offence (by virtue of section 8C of the Taxation Administration Act 1953) which is punishable on conviction by a fine not exceeding 20 penalty units under section 8E of the Taxation Administration Act 1953 if it is the first offence. If convicted of a second offence, the court may impose a fine not exceeding 40 penalty units. If convicted of a third or subsequent offence, the court may impose a fine not exceeding 50 penalty units or a maximum of 12 months imprisonment, or both. Under section 8ZF of the Taxation Administration Act 1953, the court may impose a fine not exceeding 250 penalty units on a company if it is convicted of a third or subsequent offence for failing to give me a return or any other information under the Income Tax Assessment Act 1936 or the Income Tax Assessment Act 1997.\n\nAlternatively:\n\n1.  any person (including a full self-assessment taxpayer) may, in relation to an income tax return, become liable to pay a penalty under section 286-75 of Schedule 1 to the Taxation Administration Act 1953;\n\n2. companies, trustees of corporate unit trusts, trustees of public trading trusts, corporate limited partnerships and pooled development funds may, in relation to a franking return, or a venture capital deficit tax return, become liable to pay a penalty under section 286-75 of Schedule 1 to the Taxation Administration Act 1953.\n\nA trustee of a self-managed superannuation fund who contravenes the requirement to lodge a return under section 35D of the Superannuation Industry (Supervision) Act 1993 commits an offence and, if convicted, is liable to a penalty of 50 penalty units. This return forms part of the Self­\\-managed superannuation fund annual return 2017.\n\nNote:\n\nAt the time this instrument was registered one penalty unit was $180.00.","sortOrder":16}],"analysis":{"kimi_summary":{"content_quality":"ok","complexity_score":8,"scope_assessment":{"changed":true,"description":"This instrument has grown significantly beyond a simple 'you must lodge if you earn over $X' rule. The original intent of tax return lodgment requirements has expanded to encompass: student loan repayment monitoring for expatriates (Table M), complex superannuation compliance (contributions caps, co-contributions, multiple fund types), franking account management for companies, venture capital deficit tax for pooled development funds, and detailed trust/partnership attribution rules. The inclusion of specific anti-avoidance measures (foreign hybrid elections, AMITs) and the integration of seven separate Acts indicates scope creep from basic revenue collection to comprehensive financial surveillance and policy delivery mechanism (particularly for higher education loans and retirement savings policy)."},"complexity_factors":["18 distinct tables (A through R, though some letters skipped) with overlapping and conditional coverage","Extensive cross-referencing to 7 different Acts: Income Tax Assessment Act 1936, Income Tax Assessment Act 1997, Income Tax (Transitional Provisions) Act 1997, Taxation Administration Act 1953, Superannuation Industry (Supervision) Act 1993, Higher Education Support Act 2003, and Trade Support Loans Act 2014","Nested exceptions within exceptions (e.g., Table A item 1 has 8 sub-exceptions (a-h), then Tables N, O, P, Q, R provide further exemptions from the main tables)","Multiple defined terms requiring external statutory interpretation ('full self-assessment taxpayer', 'primary production business', 'franking credits', 'concessional contributions cap', 'attribution managed investment trust', etc.)","Complex residency-based calculations (Table E: lesser of $18,200 or $13,464 plus $395 per month)","Conditional logic for partnerships (Table K): three-tiered test based on equal interests, greater interests, or greatest interest to determine who lodges","Specific monetary thresholds scattered throughout ($18,200, $416, $20,542, $13,717, $24,154, penalty units) with no central index","Dual-track system for superannuation funds (self-managed vs. other funds with different return forms)","Special rules for consolidated groups, MEC groups, foreign hybrids, pooled development funds, and ancillary funds","References to 'former' legislative provisions (e.g., former Part XI, former subsections 485AA) indicating historical layering of tax law"],"plain_english_summary":"This instrument sets the legal rules for who must lodge an Australian tax return for the year ended 30 June 2017, using detailed criteria that cover individuals, PAYG workers, businesses, companies, trusts, partnerships, superannuation funds and certain overseas residents with student debts. It matters because it determines filing obligations and exemptions — failure to lodge when required can trigger penalties, fines or other enforcement action."},"flash_summary":{"complexity_score":8,"scope_assessment":{"changed":false,"description":"This instrument sets the lodgment criteria and procedural rules applicable to the year ended 30 June 2017. The text imposes and clarifies who must lodge and who is exempt for that year but does not state or enact a change to the underlying substantive tax laws; it preserves the Commissioner’s existing powers to defer lodgments, issue notices or grant exemptions."},"complexity_factors":["Extensive cross‑references to multiple statutes and schedule provisions (Income Tax Assessment Acts 1936 & 1997; Taxation Administration Act 1953; Superannuation Industry (Supervision) Act 1993; Higher Education Support Act 2003; Trade Support Loans Act 2014).","Many distinct taxpayer categories and entity types divided across numerous Tables (A–R), each with different tests and exceptions (individuals, full self‑assessment taxpayers, trustees, companies, partnerships, SMSFs, ancillary funds, Pooled Development Funds).","Numerous conditional thresholds and tests (income limits such as $18,200, $13,717/$13,464 variants, $416, loss‑based $1,000 gateway, residency‑month arithmetic, HELP/TSL repayment triggers) increasing edge‑case complexity.","Special return types and timing rules (franking returns, venture capital deficit tax returns, ancillary fund returns, SMSF annual return, fund income tax return, ACNC information statement substitution).","Commissioner discretion to issue notices, defer lodgment under section 388‑55, or grant exemptions — creating administrative unpredictability and case‑by‑case compliance requirements.","Detailed penalty regime: criminal fines and imprisonment for repeated offences and alternative administrative penalties under Schedule 1 (penalty units metric), producing asymmetric enforcement risks.","Interacting procedural rules (approved forms, electronic lodgment, substituted accounting periods, late balancing corporate rules) and specific payment‑date linkages add procedural burden.","Exceptions and carve‑outs scattered across tables (Tables N, O, P, Q, R and notes) require cross‑table reconciliation to determine final lodgment obligations."],"plain_english_summary":"This instrument lists who must lodge an Australian income‑tax (and related) return for the year ended 30 June 2017. It mechanically sets categories of taxpayers — individuals, companies, trustees, partnerships, superannuation entities and funds — and the income, residency, withholding and event triggers that create a lodgment obligation.\n\nIt affects taxpayers who meet those triggers (withheld payments, tax losses, business activity, superannuation events, HELP/TSL debts, excess contributions, franking liabilities, etc.). The Commissioner may require, defer or exempt lodgment and non‑compliance attracts monetary or criminal penalties, imposing administrative and compliance costs on those affected."},"flash_summary_failed":{"failed":true,"reason":"A positive credit balance is required for all requests, including BYOK, so fallback providers remain available. Add credits at https://vercel.com/d?to=%2F%5Bteam%5D%2F%7E%2Fai%3Fmodal%3Dtop-up to continue.","source":"analysis-cron"}},"importantCases":[],"_links":{"self":"/api/acts/f2017l00529","history":"/api/acts/f2017l00529/history","analysis":"/api/acts/f2017l00529/analysis","conflicts":"/api/acts/f2017l00529/conflicts","importantCases":"/api/acts/f2017l00529/important-cases","documents":"/api/acts/f2017l00529/documents"}}