Lodgement extension for TFN withholding report

25 August 2011

The ATO has extended the lodgement deadline for the 2011 TFN withholding report which applies to closely held trusts (originally 31 August 2011). The new deadline is the due date of the trust’s tax return.

To be eligible for this lodgement extension, the trust must lodge its TFN report and the 2011 Trust tax return and all future tax returns electronically.

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This article is provided for information purposes only and correct at the time of publication. It should not be used in place of advice from your accountant. Please contact us on 02 9957 4033 to discuss your specific circumstances.

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