PPF information returns online - will not be mailed this year

The ATO has advised that the Prescribed Private Fund Information return for the period 1 July 2008 to 30 June 2009 is now available on the ATO’s website at http://www.ato.gov.au/nonprofit/content.asp?doc=/content/00213298.htm

The return form and accompanying instructions will not be mailed out this year and must be downloaded from the ATO. Trusts must complete and submit the information return for the year ended 30 June 2009 if they:

  • are a private fund that is prescribed in the Income Tax Assessment Regulations 1997 regulation 995-1.02, or
  • have been approved for prescription in the regulations before 1 July 2009 and have received written confirmation to that effect.

PPFs are still required to submit an information return for the 2008-09 year despite the tax law changes for PPFs that take effect from 1 October 2009.

For more information and to download the forms, please see the ATO’s website at http://www.ato.gov.au/nonprofit/content.asp?doc=/content/00213298.htm

Sep. 24, 2009

 Tags: government

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