Income Tax Assessment Act 1936, Taxation Administration Act 1953
I, Erin Holland, Deputy Commissioner of Taxation and delegate of the Commissioner of Taxation (the Commissioner) under section 8 of the Taxation Administration Act 1953, make the following legislative instrument regarding lodgment of income tax returns for the *income year ended 30 June 2018 under section 161 of the Income Tax Assessment Act 1936 (ITAA 1936).
Income Tax Assessment Act 1936: (ITAA 1936)
Section 161; Subsection 161A(1); Section 162 and Section 163
Taxation Administration Act 1953 (TAA)
Taxation Administration Act 1953 (TAA Schedule 1)
Division 286; Section 388-50 and Section 388-55
1. Name of instrument
This instrument is the Notice of Requirement to Lodge a Return for the Year of Income Ended 30 June 2018 - Parents with a Child Support Assessment.
This instrument commences on the day after it is registered on the Federal Register of Legislation.
Identifying defined terms
Many of the terms used in this instrument are defined and most of the defined terms are identified by an asterisk at the start of the term. To find a definition of an asterisked term, see paragraph 3.1.
Once a defined term has been asterisked, later occurrences of the term in the same paragraph are not usually asterisked. Terms are not asterisked in notes and headings.
The fact that a defined term is not asterisked is not relevant to interpreting the term.
3.1 General terms
The general terms used in this instrument are set out below:
Adopted accounting period means an accounting period that a person has been granted leave to adopt instead of the *year of income ended 30 June 2018 under section 18 of the ITAA 1936.
Approved form has the meaning given by section 388-50 of Schedule 1 to the TAA.
Income year means the *year of income ended 30 June 2018 or the *adopted accounting period (if the person has been granted leave to adopt it under section 18 of the ITAA 1936).
Year of income in this legislative instrument does not include the *adopted accounting period. Otherwise *year of income means the same as in subsection 6(1) of the ITAA 1936.
3.2 Requirement to Lodge
Under section 161 of the ITAA 1936, I require every person described in Table A to give to the Commissioner a return for the *income year.
3.3 Information on when and how to lodge
Every person required to lodge a return whose *year of income ends on 30 June 2018 must do so by 31 October 2018.
Adopted accounting period
Persons with an *adopted accounting period must lodge their return no later than the last day of the fourth month after the end of their adopted accounting period.
The return must be in the approved form.
3.4 Tables A to C
Every person who was either a liable parent or a recipient parent under a child support assessment, except where they are described in Table B.
Every person where the total of their:
- taxable income
- exempt Australian Government allowances, pensions and payments
- target foreign income
- reportable fringe benefits total
- total net investment loss, and
- reportable superannuation contributions
for the *income year was less than $24,535
who was in receipt of Australian Government pensions, allowances or payments listed in Table C for the whole of the income year.
Australian Government allowances and payments:
- Austudy payment
- Disaster income support allowance for special category visa (subclass 444) holders
- Disaster recovery allowance.
- Farm Household allowance
- Newstart allowance
- Parenting payment (partnered)
- Partner allowance
- Sickness allowance
- Special benefit
- Widow allowance
- Youth allowance.
Education payments of any of the following:
- ABSTUDY Living allowance
- Military Rehabilitation and Compensation Act Education and Training Scheme ('MRCA Education Allowance' on a PAYG payment summary).
- Veterans' Children Education Scheme.
Commonwealth labour market program allowances and payments:
- CDEP Scheme participant supplement
- Green Corps training allowance
- Income support component from a Community Development Employment Project (CDEP) - shown as 'CDEP salary or wages' on your PAYG payment summary - individual non-business
- New Enterprise Incentive Scheme allowance
- Training for Employment Program allowance
- other taxable Commonwealth education or training payments.
Australian Government pensions and allowances:
- Age pension
- Age service pension
- Bereavement allowance
- Carer payment
- Defence Force Income Support Allowance
- Defence Force Income Support Allowance - like payments from the Department of Veterans' Affairs
- Disability support pension
- Education entry payment
- Income support supplement
- Invalidity service pension
- Parenting payment (single)
- Partner service pension
- Widow B pension
- Wife pension.
4. Additional lodgment information
4.1 Deferral of time for lodgment of returns
In accordance with section 388-55 of Schedule 1 to the TAA, the Commissioner may defer the time for lodgment of any return to a date later than the relevant date specified in this instrument.
4.2 Notice of requirement to lodge a return or information
Nothing in this instrument prevents the Commissioner or an authorised person of the Australian Taxation Office from issuing a notice, under section 162 or section 163 of the ITAA 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 income year.
4.3 Penalties for non-compliance with lodgment requirements
Any person who does not provide a return, or any other information under the ITAA 1936 or the ITAA 1997, commits an offence under section 8C of the TAA.
Alternatively any such person may become liable to pay a penalty under Division 286 of Schedule 1 of the TAA.
Signed Erin Holland
Deputy Commissioner of Taxation
Related Explanatory Statements:
LODG 2018/D2 - Explanatory statement