Superannuation fund current postal address - Address Details Currency Code: The currency code should be to C for Current. This is a mandatory field. Current postal address of superannuation fund/trust- Address currency code Current postal address - Street name and number line 1: Enter the street name and number of the postal address for the Superannuation Fund. This address is used to send the annual return and other correspondence. This is a mandatory field. Current postal address of superannuation fund/trust- Street name and number line 1 Superannuation fund current postal address - Street name and number Line 2: Enter line 2 of the fund current postal address. Current postal address of superannuation fund/trust- Street name and number line 2 Superannuation fund Current postal address - Street name and number Line 3: This field should be left blank. Current postal address of superannuation fund/trust- Street name and number line 3 Superannuation Current postal address - Street name and number Line 4: This field should be left blank. Current postal address of superannuation fund/trust- Street name and number line 4 Current postal address - Suburb/Town: Enter the name of the suburb or town of the postal address for the Superannuation Fund. This address is used to send the annual return and other correspondence. This is a mandatory field. Current postal address of superannuation fund/trust- Suburb/Town Superannuation fund current postal address - Overseas Address Indicator: If the address is located overseas then set the field to TRUE. Otherwise, set the field to FALSE. This is a mandatory field. Current postal address of superannuation fund/trust- Overseas indicator Current postal address - Postcode: Enter the postcode of the postal address for the Superannuation Fund. This address is used to send the annual return and other correspondence. This is a mandatory field. Current postal address of superannuation fund/trust- Postcode Current postal address - State: Enter the relevant code (as listed in the taxonomy) of the State or Territory of the postal address for the Superannuation Fund. This address is used to send the annual return and other correspondence. This is a mandatory field. Current postal address of superannuation fund/trust- State Trustee, director or public officer's contact person E-mail address: Enter the email address of the electronic mail service of the preferred contact- trustee, director or public officer of the fund. This is a mandatory field. Trustee, director or public officer's contact person E-mail address Superannuation fund trustee, director or public officer's contact person E-mail address usage code: The e-mail address usage code should be set to '03' for Contact. This is a mandatory field. Trustee, director or public officer's contact person e-mail - usage code Agent's telephone area code: Enter the area code of the telephone number of the tax agent for the fund. Tax agent's telephone area code Trustee, director or public officer's contact person phone area code: Enter the area code of the telephone number of the preferred contact- trustee, director or public officer of the fund. Trustee, director or public officer's contact person phone area code Agent's telephone number: Enter the telephone number of the tax agent for the fund. This is a mandatory field. Tax agent's telephone number Trustee, director or public officer's contact person phone number: Enter the telephone number of the preferred contact- trustee, director or public officer of the fund. This is a mandatory field. Trustee, director or public officer's contact person phone number Superannuation fund Tax agent's contact person Telephone Service Line Code: The telephone service line code should be set to: - '01' for Mobile, or - '02' for Land line. This is a mandatory field. Tax agent's contact person phone - service line code Superannuation fund Trustee, director or public officer's contact person Telephone Service Line Code: The telephone service line code should be set to: - '01' for Mobile, or - '02' for Land line. This is a mandatory field. Trustee, director or public officer's contact person phone - service line code Superannuation fund Tax agent's contact person Telephone Usage Code: The telephone usage code should be '03' for Contact. This is a mandatory field. Tax agent's contact person phone- usage code Superannuation fund trustee, director or public officer's contact person Telephone Usage Code: The telephone usage code should be set to '03' for Contact. This is a mandatory field. Trustee, director or public officer's contact person phone - usage code Number of members: Enter the total number of members or depositors (for ADFs) at the balance date. Members for this field are defined as persons who are making contributions, on whose behalf contributions are being made, who are receiving pension entitlements, or who hold any deferred beneficiary accounts. This is a mandatory field. Number of members of the superannuation fund/trust Date of establishment: Enter the date (day, month, year) on which the fund was established. This is a mandatory field. The date the Superannuation Fund was established Date wound up: If applicable, enter the date that the Superannuation Fund ceased operations if it was wound up during the year. The date the Superannuation Fund ceased operations if it was wound up during the year Superannuation fund Tax agent's practice name - Organisation Name Currency Code: The organisation currency type code should be set to C for Current. This is a mandatory field Tax agent's practice name - Organisation name currency code Superannuation fund Non individual trustee name - Organisation Name Currency Code: The organisation name currency code should be set to C for Current. This is a mandatory field. Non individual trustee name - Organisation name currency code Superannuation fund Name of fund or trust - Organisation Name Currency Code: The organisation name currency code should be set to C for Current. This is a mandatory field. Name of fund or trust - Organisation name currency code Superannuation fund Transferee Organisation Name Currency Code: The organisation name currency code should be set to C for Current. This is a mandatory field. Transferee organisation name currency code Superannuation fund Tax agent's practice name - Organisation Name Type Code: The organisation name type code should be set to MN for Main or legal. This is a mandatory field Tax agent's practice name - Organisation name type code Superannuation fund Non individual trustee name - Organisation Name Type Code: The organisation name type code should be set to MN for Main or legal. This is a mandatory field. Non individual trustee name - Organisation name type code Superannuation fund Name of fund or trust - Organisation Name Type Code: The organisation name type code should be set to MN for Main or legal. This is a mandatory field. Name of fund or trust - Organisation name type code Superannuation fund Transferee Organisation Name Type Code: The organisation name type code should be set to MN for Main or legal. This is a mandatory field. Transferee organisation name type code Tax agent's practice: Enter the name of the tax agent's practice. This is a mandatory field Tax agent's practice Trustee name - Non individual: Enter the full name of the organisation that is trustee of the Superannuation Fund, whichever one is applicable. Where there is more than one trustee, enter one name only. This is a mandatory field. Name of Non individual trustee (if applicable) Name of superannuation fund or trust: Enter the full name of the Superannuation Fund exactly as it appears on the fund’s trust deed or other constituent document. For subsequent fund returns, the fund name should be consistent from year to year unless the name changes. The fund return should show the current (legal) fund name. This is a mandatory field Name of superannuation fund or trust Transfer of liabilities to a LIC or PST - Name: If the answer to the transfer of liabilities question was Yes then enter the name of the life insurance company or PST. This is a mandatory field Transferee name - Transfer of liabilities to a Life Insurance Company (LIC) or Pooled Superannaution Trust (PST) Superannuation fund Tax agent's contact person- Person Name Currency Code: The person name currency code should be set to C for Current. This is a mandatory field. Tax agent's contact person- name currency code Superannuation fund Trustee, director or public officer's contact person - Person Name Currency Code: The person name currency code should be set to C for Current. This is a mandatory field. Trustee, director or public officer's contact person - name currency code Tax agent family name: Enter the the family name of the tax agent for the fund. This is a mandatory field. Tax agent's contact person family name Trustee, director or public officer's contact person- Family name: Enter the family name of the preferred contact- trustee, director or public officer of the fund. This is a mandatory field. Trustee, director or public officer's contact person- Family name Tax agent first given name: Enter the first or given name of the tax agent for the fund. This is a mandatory field. Tax agent's contact person first given name Trustee, director or public officer's contact person- First name: Enter the first or given name of the preferred contact- trustee, director or public officer of the fund. This is a mandatory field. Trustee, director or public officer's contact person- Given name Tax agent - Suffix: If applicable, enter the suffix of the tax agent for the fund. Tax agent's contact person - Suffix Trustee, director or public officer's contact person- Suffix: If applicable, enter the suffix of the preferred contact- trustee, director or public officer of the fund. Trustee, director or public officer's contact person- Suffix Tax agent other given names: If applicable, enter the second and subsequent names of the tax agent for the fund. Tax agent's contact person other given names Trustee, director or public officer's contact person- Other given names: If applicable, enter the second or subsequent names of the preferred contact- trustee, director or public officer of the fund. Trustee, director or public officer's contact person- Other given names Superannuation fund Tax agent's contact person- Person Name Type Code: The person name type code should be set to LGL for legal name. This is a mandatory field. Tax agent's contact person- name type code Superannuation fund Trustee, director or public officer's contact person- Person Name Type Code: The person name type code should be set to LGL for Legal name. This is a mandatory field. Trustee, director or public officer's contact person- name type code Tax agent title: Enter the title of the tax agent for the fund. Tax agent's contact person - title Trustee, director or public officer's contact person- Title: Enter the title of the preferred contact- trustee, director or public officer of the fund. Trustee, director or public officer's contact person- Title Tax agent's declaration person unstructured name full name text: This element is used to capture the Title, First name, other name and full name of the Tax agent. This is a mandatory field. Tax agent's declaration contact person unstructured name full name text Trustee, director or public officer's declaration person unstructured name full name text: This element is used to capture the Title, First name, other name and full name of the Trustee, director or public officer. This is a mandatory field. Trustee, director or public officer's declaration contact person unstructured name full name text Superannuation fund current postal address - Address Details Usage Code: The usage code for the Superannuation fund address details should be set to POS for Postal. This is a mandatory field. Current postal address of superannuation fund/trust- Address usage code Superannuation fund Current postal address - Country code: Enter the country code as per the allowable codes listed in the taxonomy. Current postal address of superannuation fund/trust- Country code Superannuation fund Current postal address - Address Details Country Name: This field should be left blank. Current postal address of superannuation fund/trust - Country Was the fund wound up during the year?: Set the field to TRUE if the answer to the question is Yes. Set the field to FALSE if the answer is No. This is a mandatory field. Was the fund wound up during the year? Superannuation fund Tax agent's contact person- Person Name Usage Code: The person name usage code should be set to Contact. This is a mandatory field. Tax agent's contact person- name usage code Superannuation fund Trustee, director or public officer's contact person - Person Name Usage Code: The person name usage code should be set to Contact. This is a mandatory field. Trustee, director or public officer's contact person - name usage code Superannuation fund Tax agent's declaration Person Unstructured Name Usage code: The person unstructured name usage code should be set to Signatory. This is a mandatory field. Tax agent's declaration contact person unstructured name usage code Trustee, director or public officer's declaration Person Unstructured Name Usage Code: The person unstructured name usage code should be set to Signatory. This is a mandatory field. Trustee, director or public officer's declaration contact person unstructured name usage code Superannuation fund Tax agent's Declaration Statement Type Code: The Superannuation fund tax agent declaration statement type code should be set to TrueAndCorrect. This is a mandatory field. Tax agent's declaration statement type code Superannuation fund Trustee, director or public officer's Declaration Statement Type Code: The declaration statement type code should be set to TrueAndCorrect. This is a mandatory field. Trustee, director or public officer's declaration statement type code Superannuation fund Tax agent's Declaration Signatory Identifier: The identifier used can be specified by the ABR credential owner providing it allows identification. Examples of suitable identifiers include a user login, a full name or an E-mail address. This is a mandatory field. Tax agent's declaration signatory identifier text Superannuation fund Trustee, director or public officer's Declaration Signatory Identifier: The identifier used can be specified by the ABR credential owner providing it allows identification. Examples of suitable identifiers include a user login, a full name or an E-mail address. This is a mandatory field. Trustee, director or public officer's declaration signatory identifier text Tax Agent declaration date: Enter the date (day, month, year) that the Tax Agent signed the signature field of the Declaration section. This is a mandatory field. Tax Agent declaration date Trustee, director or public officer's declaration date: Enter the date (day, month, year) that the Director or Trustee signed the signature field of the Declaration section. This is a mandatory field. Trustee, director or public officer's declaration date Superannuation fund Tax agent's Declaration Statement Accepted Indicator: Set the field to TRUE is the Superannuation fund's tax agent declaration is accepted. If the declaration is not accepted then set the field to FALSE. This is a mandatory field. Tax agent's declaration statement accepted indicator Superannuation fund Trustee, director or public officer's Declaration Statement Accepted Indicator: Set the field to TRUE if the Superannuation fund's trustee, director or public officer declaration is accepted. If the declaration is not accepted then set the field to FALSE. This is a mandatory field. Trustee, director or public officer's declaration statement accepted indicator Tax Agent declaration: Enter the signature of the tax agent. Tax Agent declaration statement text Trustee, director or public officer's declaration: Enter the signature of either the trustee or director whichever one is appropriate. Trustee, director or public officer's declaration statement text Hours taken to prepare and complete this form: Enter the total time taken by the trustee and tax agent spent in preparing and completing the fund annual return. The time spent should be rounded up to the nearest hour. This field should also include the time spent by any other person who helped to complete the form. Hours taken to prepare and complete this form Year of return: Enter the the financial year or income year which the information provided in the report refers to. This is a mandatory field. The year the Fund income tax return relates to Bank State Branch number: Enter the Bank State Branch (BSB) code. Bank account details now need to be provided each year. Complete the BSB, Account number and Account name boxes. This is a mandatory field. Bank State Branch number Account name: Enter the name of the financial account that the client has elected to receive payments such as refunds or credits. Bank account details now need to be provided anew each year. Complete the BSB, Account number and Account name boxes. Enter the account name, as shown on the account records. Do not enter the account type – for example savings, cheque or mortgage offset. Include spaces between each word and between initials in the account name. Joint accounts are acceptable. The account name must not exceed 32 characters. Account name Account number: Enter the bank account number. Bank account details now need to be provided anew each year. Complete the BSB, Account number and Account name boxes. Do not include spaces in the account number. This is a mandatory field. Account number Financial Institution branch name: Enter the branch name of the financial institution Financial Institution branch name Financial institution name: Enter the name of the financial institution Financial Institution name Australian Business Number: Enter the Australian Business Number (ABN) of the Superannuation Fund if applicable. Australian Business Number of superannuation fund or trust ABN of trustee: Enter the Australian Business Number (ABN) of the individual or company of the Superannuation Fund. Australian business number of Non-individual trustee (if applicable) Transfer of liabilities to a LIC or PST - ABN: If the answer to the transfer of liabilities question was Yes then enter the Australian Business Number (ABN) of the life insurance company or PST. This is a mandatory field. Transferee Australian Business Number (ABN)- Transfer of liabilities to a Life Insurance Company (LIC) or Pooled Superannaution Trust (PST) Client's reference: If applicable, enter the tax agent’s reference number. This is the client number allocated by the tax agent to the fund. Client's reference for the tax agent Tax Agent number: Enter the Tax Agent Number (TAN). If the TAN consists of only seven digits, it is an old registration and it is necessary to add a ‘0’ (zero) in front of the first four digits of the TAN. Tax Agent number Transfers from foreign funds: Enter all the assessable amounts transferred to an Australian superannuation fund from a foreign superannuation fund that were in excess of what was vested in the member at the time of the transfer. Include at this field amounts transferred to an Australian superannuation fund from a foreign fund by way of a written choice made by members of the fund . Transferred from a foreign superannuation fund Net capital gain: Enter the amount of the company’s net capital gain. Net capital gain Dividends - Franked amount: Enter the total amount of franked dividends and franked non-share dividends that the fund received, but do not include here franked amounts that the fund received from a New Zealand franking company. The franked part of a distribution from a Pooled Development Fund (PDF) is exempt from income tax, unless it is elected to include the amount in assessable income. In that case, the franked part of the distribution and the franking credit on the distribution worked out in accordance with the Income Tax Assessmant Act (ITAA) 1936, are included in assessable income. If the fund qualifies for a venture capital franking tax offset, the amount by which the venture capital franked part of a distribution from a PDF exceeds the franked part of that distribution is also exempt from income tax. This amount cannot be included in assessable income. However, a tax offset can be claimed in relation to a distribution franked with a venture capital credit even though the distribution is exempt from income tax. Dividends - Franked amount Trust distributions other amounts: Enter the total amount of gross distributions received from trusts that do not fall into any of the categories – for example, amounts that are not dividends that were distributed to the fund from a trust. Include any amounts of interest income and rental income that were distributed to the fund from a trust. Include income received from a managed investment trust. Trust distributions - income - other amounts Capital works deductions: Enter the total deduction amount for qualifying capital works for an income year. Qualifying capital works are buildings (or an extension, alteration or improvement to a building), structural improvements (or extensions, alterations or improvements to structural improvements), and environmental protection earthworks, which have a construction expenditure area for which there is a pool of construction expenditure, and which the fund uses for the purpose of producing assessable income. Capital works- Deductions Forestry managed investment scheme deduction: Enter the total amount of deductible payments made to a Forestry Managed Investment Scheme (FMIS). Forestry managed investment scheme - Deductions Forestry managed investment scheme income: Enter the total income from all activities in the forestry interests that the fund holds in its Forestry Managed Investment Scheme (FMIS). The amount will depend on the activity. Activities include harvests and sales that are CGT events because these events result in the superannuation funds no longer holding some or all of its forestry interest. If the superannuation funds received thinning proceeds from its forestry interest, include the actual amount received . If the superannuation funds ceased holding its forestry interest as a result of a CGT event (because it sold its interest or it received harvest proceeds), include the market value of the forestry interest at the time of the CGT event. Sale and harvest receipts – forestry interest still held If a CGT event happened and the superannuation funds still held its forestry interest (because it sold part of its interest or there was a partial harvest), include the amount by which the market value of the forestry interest was reduced. If the superannuation funds ceased holding its forestry interest as a result of a CGT event (because it sold its interest or it received harvest proceeds), include the lesser of the following two amounts, that is, either the market value of the forestry interest at the time of the CGT event, or the amount (if any) by which the total forestry scheme deductions exceeded the incidental forestry scheme receipts. Forestry managed investment scheme income Gross distribution from partnerships: Enter the gross distribution from all partnerships. If the distribution includes an amount of foreign income, including New Zealand franking company dividends and supplementary dividends, do not include that portion of the distribution at this label. Include it at Gross foreign income and take it into account in calculating Net foreign income. Include at this field any amounts subject to foreign resident withholding that were distributed to the fund from a partnership. Include the fund’s share of credit from foreign resident withholding. A credit can be claimed for the fund’s share of credit from foreign resident withholding in the calculation statement. If the amount calculated is a loss, print L in the Loss box at the right of the amount. If a distribution includes franked dividends (including franked non-share dividends), gross up the distribution to include any attached franking credit. If the fund is a complying superannuation fund, complying ADF or PST, write the amount of franking credit attached to such dividends at Credit- refundable franking credits. If your fund is a non-complying superannuation fund or non-complying ADF, include the amount of franking credits attached to such dividends at Rebates and offsets label. If family trust distribution tax (FTDT) has been paid on income received by the fund from partnerships, exclude that amount from the assessable income of the fund. Gross distribution from partnerships Gross rent and other leasing and hiring income: Enter all the rental income from land and buildings and all income from leasing and hiring. This item cannot be a loss. Do include in this field any rental income distributed from a trust, or income derived from foreign sources. Gross rent and other leasing and hiring income Taxable income/loss: Enter the the taxable income or loss amount by subtracting total deductions from total assessable income. This is a mandatory field. Taxable income or loss Other deductions: Enter the total amount of all other deductions that do not fall into any of the other categories. Other deductions Other deductions - action code: Enter the code that best describes the greatest deduction amount. The deduction codes are: A - Deductible balancing adjustment; B - Contribution that is a fringe benefit; C - Exclusion of personal contributions; E - Environment protection expenditure I - Listed investment company capital gain amount; N - Deduction relating toforeign non-assessable non-exempt income; O - Other deductions not listed above; R - Return of contributions by non-complying funds; S - Superannuation (Financial Assistance Funding) Levy Act 1993; and T - TOFA losses or TOFA balancing adjustment. Other deductions action code Total TOFA losses: Enter all TOFA 3 & 4 losses sourced in Australia and overseas. Total Taxation Of Financial Arrangements (TOFA) losses Assessable income due to fund tax status change: Enter the amount that is to be included in the fund’s assessable income as a result of a change in tax status of the fund. Assessable income due to a change in tax status of the fund Total TOFA gains: Enter all TOFA 3 & 4 gains sourced in Australia and overseas. Total Taxation Of Financial Arrangements (TOFA) Gains Gross foreign income: Enter the gross assessable income derived by the fund from foreign sources including New Zealand dividends and supplementary dividends. Do not include any Australian franking credits attached to New Zealand dividends. Include any income the fund received as a distribution of foreign source income from a partnership or trust. Gross foreign income Net non-arm's length income (subject to 45% tax rate): Enter the net amount of income that a superannuation fund, ADF or PST has received from a transaction or series of transactions between parties that is non-arm’s length income. This includes income such as private company dividends (including non-share dividends) certain distributions from trusts, and other excessive non-arm’s length income that is greater than might have been expected had it been derived from an arm’s length dealing. Net amount of non-arm's length income (subject to 45% tax rate) received Other income: Enter the assessable amount of any income received that does not fall into any of the other categories. Other income may include, but is not limited to foreign exchange (forex) gain, listed investment company (LIC) capital gain amount, assessable balancing adjustment amounts, rebate or refund of premium paid to provide death or disability benefits, gross payments subject to foreign resident withholding. Other assessable income received Trust distributions franked amount: Enter the total amount of franked dividends and franked non-share dividends included in trust distributions before grossing up the distributions to include any attached franking credits.Gross distributions from trusts may contain unfranked dividends, franked dividends, franking credits attached to these dividends, and other assessable distributions. Enter the amounts for the different components under distributions from trusts. Include any amounts subject to foreign resident withholding that were distributed to the fund from a trust. Also include the fund’s share of credit from foreign resident withholding. All income received from stapled securities should be returned as trust distributions under the different components. This amount cannot be a loss. Enter whether any distributions received from a trust are part of a non-arm's length arrangement and whether the distribution received is greater than what might otherwise have been expected had the parties been dealing with each other at arm's length. If the distributions received are not at arm's length, do not include them under these distributions. Do not enter capital gains received from a trust at Trust distributions other amounts. Do not include distributions from PSTs under the trust distribution components. If FTDT has been paid on income or capital of a trust to which the fund is presently entitled or which has been distributed to the fund, exclude that income or capital from the assessable income of the fund. Trust distributions - income - franked amount Trust distributions unfranked amount: Enter the total amount of unfranked dividends and unfranked non-share dividends included in trust distributions. Gross distributions from trusts may contain unfranked dividends, franked dividends, franking credits attached to these dividends, and other assessable distributions. Enter the amounts for the different components under distributions from trusts.Include any amounts subject to foreign resident withholding that were distributed to the fund from a trust. Also include the fund’s share of credit from foreign resident withholding. Trust distributions - income - unfranked amount Other income - action code: Enter the code that best describes the greatest amount included at Other income. The codes for other income are: B - Assessable balancing adjustment amount; C - LIC capital gains amount; R - Rebate or refund of death or disability premiums; T - TOFA gains or TOFA balancing adjustment income; W - Gross payments subject to foreign resident withholding; and O - Other income received not listed above. Other assessable income received - code Death or disability premiums: Enter the deduction for insurance premiums paid by a complying superannuation fund to provide superannuation benefits upon the death or temporary or permanent disability of the member. Death or disability premiums - Deductions Death benefit increase: Enter the increased amount of superannuation lump sum death benefits. Death benefit increase deduction Investment expenses: Enter the amount of expenses of a revenue nature incurred in deriving investment income, unless allowed by other specific income tax provisions. Investment expenses Interest expenses oversea: Enter the deductible interest incurred on money borrowed from overseas sources to acquire income-producing assets, finance operations, or meet current expenses. Interest expenses overseas - Deductions Interest expenses within Australia: Enter the deductible interest incurred on money borrowed from Australian sources to acquire income-producing assets, finance operations, or meet current expenses. Interest expenses within Australia - Deductions TOFA balancing adjustment: Enter the amount of the TOFA balancing adjustment. Where a taxpayer makes the transitional election to bring in their existing financial arrangements they must perform a balancing adjustment calculation. This amount will be used to calculate a TOFA taxpayer's PAYG instalment income. Taxation Of Financial Arrangements (TOFA) balancing adjustment Dividends - Unfranked amount: Enter the total amount of unfranked dividends and unfranked non-share dividends that the fund received. Do not include the unfranked distributions from a New Zealand franking company or the unfranked part of a distribution from a Pooled Development Fund (PDF). The unfranked part of the distribution is exempt from income tax and is not included in the fund’s assessable income. However, this amount of exempt income must be taken into account when working out the amount of a tax loss. Dividends - Unfranked amount Show at 'Administration expenses' field the amount of expenses of a revenue nature incurred in the administration of the SMSF, unless the expense is more appropriately shown at another label. Do not include the expense of the approved auditor at Q. This expense should be shown at H Approved auditor fee. Administration expenses Credit- interest on early payments: Enter the calculated interest amount of 50 cents or more for early payments. Do not show payment amounts. Credit for interest on early payments - amount of interest The amount of expenses of a revenue nature incurred in the management of the SMSF, unless the expense is more appropriately shown at another label. Do not include investment management expenses. These expenses should be shown at I Investment Expenses. Management expenses Gross interest: Enter the total interest from all sources received by the fund. This item cannot be a loss. Do not include at this field non-share dividends received from holding a non-share equity interest. If the fund holds such an interest, the issuer is obliged to forward a dividend statement with details of the dividends, which should be written at unfranked dividend amount, franked dividend amount and dividend franking credit under income as applicable. Do not include at this field interest distributed from a trust, rental income distributed from a trust, or income derived from foreign sources. Gross interest Attributed foreign income - Listed country: Enter the amount of attributed foreign income from controlled foreign entities and transferor trusts in listed countries. Attributed foreign income - Listed country - Foreign income and net assets Attributed foreign income - Section 404 country: Enter the amount of attributed income from controlled foreign entities in section 404 countries. Attributed foreign income in Section 404 countries. Attributed foreign income - Unlisted country: Enter the amount of attributed foreign income from controlled foreign entities and transferor trusts in unlisted countries (excluding section 404 countries). Attributed foreign income in Unlisted countries, excluding section 404 countries. Credit - foreign income tax offset: Enter the self-determined amount that is the lesser of the foreign tax paid (or taken to have been paid), and it's foreign income tax offset limit. Foreign income tax offset Contributions excluded by trustee: Enter the contributions the trustee of a public sector superannuation scheme, with the contributor’s consent, chooses not to include in its assessable income. The amount of contributions that the choice can cover is limited to the sum of amounts covered by notices given by the trustee for superannuation benefits paid in the income year. The choice cannot be revoked or withdrawn. A choice cannot be made in relation to a public sector superannuation scheme that comes into operation after 5 September 2006. Contributions excluded by trustee is used to determine Assessable contributions. Contributions excluded by trustee that contribute to the calculation of assessable contributions - income Pre-1 July 1988 funding credits: Enter the amount that a complying superannuation fund chooses to reduce contributions that would otherwise be included in its assessable income, by applying that amount of available pre-1 July 1988 funding credits. Pre-1 July 1988 funding credits amount that contribute to the calculation of assessable contributions - income Australian superannuation fund: Set the field to TRUE if the Superannuation Fund meets the criteria that defines it as an Australian Superannuation Fund, therefore a complying superannuation fund. Set the field to FALSE if it does not meet this criteria. This is a mandatory field. Is the complying superannuation fund an Australian superannuation fund? Were payments made or benefits transferred to contributing employers and associates?: If the answer to this question is Yes then set the field to TRUE. Otherwise, set the field to FALSE. This is a mandatory field. Were payments made or benefits transferred to contributing employers and associates that is included in the assessable income of the recipient under section 290-100 of the SPECIALIST LIABILITY RULES to the INCOME TAX ASSESSMENT Act 1997? Assessable employer contributions: Enter the amount of total assessable income comprising contributions and payments received by a superannuation entity in the income year. This includes all contributions to provide superannuation benefits for someone else, including those paid by an employer to a complying superannuation fund or to a non-complying superannuation fund where that fund is an Australian superannuation fund. Assessable employer contributions Transfer of liability to LIC or PST: Enter the amount of income otherwise assessable for the income year, that the trustee of a complying superannuation fund or a complying approved deposit fund (the ‘transferor’) has agreed to transfer to a life insurance company or PST (the ‘transferee’) in which the fund holds investments. Transfer of liability to Life Insurance Company or Pooled Superannaution Trust Assessable personal contributions: Enter the total assessable amount of personal contributions. The trustee of a fund is to treat personal contributions as assessable contributions only if the contributor has provided a valid notice stating their intent to claim a deduction for their contributions. Assessable personal contributions No TFN quoted contributions: Enter all employer contributions received for a member who has not quoted a Tax File Number (TFN). No -TFN quoted contributions For Fund Benefit Structure, enter the appropriate code that best describes the benefit structure of the SMSF. The accepted codes are: A - Accumulation Fund D - Defined Benefit Fund U - Unfunded Defined Benefit E - A Hybrid Fund This is a mandatory field. Fund benefit structure Has the actuary's certificate been obtained where exempt current pension income has been claimed?: If the answer to this question is Yes then set the field to TRUE. Otherwise set the field to FALSE. If the answer is Yes, has the trustee obtained the relevant actuary’s certificate or certificates required by sections of the Income Tax Assessment Act (ITAA) 1997 before exemption can be claimed? Has the actuary's certificate been obtained where exempt current pension income has been claimed? The gross income of a complying superannuation fund or PST derived from assets held to provide for current 'pension liabilities' is exempt from income tax. You would have shown this gross income amount at Labels A – U at item 10. To ensure that that income is not taxed, it is necessary to deduct an identical amount at Y. Do not reduce the exempt income shown at Y by the amount of expenses incurred in deriving that income. Doing so will understate the deductible amount of exempt current pension and will result in some of that income being subject to tax. Expenses incurred in gaining or producing exempt income are not deductible; those expenses should not be shown anywhere at item 11. For treatment of expenses incurred wholly or partly in producing assessable income, see deductions: • D Capital works deductions • E Deduction for decline in value of depreciating assets • I Investment expenses • J Management expenses • Q Administration expenses, and • L Other deductions. Pension liabilities are the fund's liabilities to pay superannuation income stream benefits. The exemption on current pension income applies to all funds currently paying pensions. It does not provide an automatic exemption of the fund's total income as certain conditions must be met to obtain an exemption. There are two methods by which the trustee of a fund can determine the exempt income shown at Y. Either one method or both methods may be used depending on the circumstances. Different conditions for claiming the exemption apply, depending on the method used. A fund is entitled to franking credits on franked dividends received, even when the dividends relate to current pension liabilities. Exempt current pension income Gross Payments where ABN not quoted: Enter any gross payments made to the fund that were subject to withholding where an ABN was not quoted. Gross payments include amounts paid to the fund and the amounts withheld from these payments. This amount is the gross payment amount for any corresponding credit. Gross payments made to the fund that were subject to withholding where an Australian business number (ABN) was not quoted. Total salary and wage expenses: Enter the total salary, wage and other labour costs incurred in respect of employees employed by the trustee of the fund. Total salary and wage expenses - Deductions Amendment Indicator: Set the field to TRUE if this is an amendment to the current years return. Otherwise set the field to FALSE. Amendment indicator The reason provided by the user for the lodgement of an amendment. Amendment Reason The order in which amendments need to be submitted for FITR. Amendment sequence number Identifies if the lodgment of the amendment is due to an ATO error or a taxpayer error. Amendment type code PAYG instalments raised: Enter the total of the fund’s PAYG instalments for the income year, whether or not the instalments have actually been paid. To ensure the correct amount of credit for PAYG instalments is received, ensure all activity statements are finalised before lodging the tax return. PAYG instalments raised Did you make a gain, loss or balancing adjustment from a financial arrangement subject to the TOFA rules?: If the answer to this question is Yes then set the field to TRUE. Otherwise, set the field to FALSE. This is a mandatory field. Did you make a gain, loss or balancing adjustment from a financial arrangement subject to the TOFA rules? Gross tax: Enter the amount of tax payable before the allowance of any rebates, tax offsets and credits. This is a mandatory field. Gross Tax Tax Payable Dividends - Franking credit: Enter the amount of the franking credits attached to dividends and non-share dividends that the fund received. Franking credits in excess of the tax payable will be refunded if the fund is a complying superannuation fund, complying ADF or PST. Do not include any franking credits attached to assessable dividends received directly or indirectly from a New Zealand franking company. Dividends - Franking credit Total amount of tax payable (+) or refundable (-): Enter the balance of tax payable or refundable as indicated on the tax return. The amount at total amount of tax payable or refundable does not take into account any interim or voluntary payments that the fund has made against its income tax liability for the income year. If the fund has made such payments, take these into account in calculating the final payment, but do not enter the amounts on this tax return. This is a mandatory field. Amount due or refundable Credit: Interest on no - TFN tax offset: Enter the amount of interst on the no-TFN tax offset. Interest on the no-TFN tax offset is only payable if all the following conditions are met: - a member of the fund provided their TFN to their employer before the end of an income year (the past year) - the employer was required by section 299C of the SISA to inform the fund of the individual’s TFN by the end of the past year, but did not provide the TFN to the fund - as a result, the contributions made in respect of that member were no-TFN-quoted contributions in that past year - an amount of additional tax (which is the interest-bearing tax) that was payable in respect of the no-TFN-quoted contributions counts towards the no-TFN tax offset under Subdivision 295-J of the ITAA 1997 for an income year (the current year) for the fund - the no-TFN tax offset under that subdivision is applied when assessing the fund for the current year The interest is payable on each amount of interest-bearing tax Interest on tax that counts towards the no-TFN tax offset is calculated for the period between the later of: - the day on which the amount of interest-bearing tax was paid, or - the day by which the amount of interest-bearing tax was required to be paid, and - the date on which the fund lodges its tax return for the current year (which is deemed to be the date on which the current year assessment is made). Credit for interest on no-TFN tax offset Credit: refundable National rental affordability scheme tax offset: Enter the amount of the refundable National rental affordability scheme tax offset. The national rental affordability scheme (NRAS) is designed to encourage large-scale investment in affordable housing. The NRAS offers incentives to providers of new dwellings on the condition that they are rented to low and moderate income households at 20 per cent below market rates. The refundable tax offset is only available where the Housing Secretary from the Department of Families, Housing, Community Services and Indigenous Affairs has issued a certificate under the NRAS. In order to claim the offset in the current income year, the NRAS certificate must relate to the NRAS year comprising the period for the current income year. National rental affordability scheme tax offset Rebates and tax offsets: Enter the total of rebates and tax offsets available. Do not include the amounts giving rise to the tax rebate and tax offset. If the fund is a complying superannuation fund, complying ADF or PST, do not include franking credits that relate to dividends received (including non-share dividends) and assessable dividends from a New Zealand franking company. If the fund is claiming a no-TFN tax offset in respect of tax paid on no-TFN quoted contributions, do not claim the tax offset here. Rebates and tax offsets Credit: no -TFN tax offset: Enter the amount of the no-TFN tax offset. The no-TFN tax offset is the total of the additional tax paid or payable on amounts of no-TFN-quoted contributions where these conditions have been met: - tax was payable by the fund on an amount of no-TFN-quoted contributions in one of the most recent three income years ending before the current year; and - the no-TFN-quoted contributions were made to the fund to provide superannuation benefits for an individual who provided their TFN to the fund for the first time in 2008–09. No-TFN tax offset The total addional tax amount of all employer contributions received for a member who has not quoted a TFN Tax on no-TFN quoted contributions Subtotal Non-refundable non-carry forward tax offsets Refundable tax offsets Remainder of refundable tax offsets Tax on taxable income If so, has the fund or trust obtained the relevant certificate?: If the answer to this question is Yes then set the field to TRUE. Otherwise set the field to FALSE. Has the fund or trust obtained an actuary's certificate where they are claiming a deduction for death or disabilitycover under section 295-465 of INCOME TAX ASSESSMENT ACT 1997? Is a deduction for premiums being claimed for death or disability cover?: If the answer to this question is Yes then set the field to TRUE. Otherwise set the field to FALSE. This is a mandatory field. Is a deduction for premiums being claimed for death or disability cover under section 295-465 of the INCOME ASSESSMENT ACT 1997? Tax losses deducted: Enter the tax losses the fund is claiming. The fund can claim tax losses only to the extent that its total assessable income exceeds total deductions (other than tax losses). This amount is equal to the fund’s tax losses brought forward less the amount of the fund’s net exempt income. The fund’s net exempt income is the fund’s gross exempt income less the expenses incurred in deriving that income. Do not include net capital losses at this field. Tax losses deducted Trust distributions franking credit: Enter the total amount of franking credits attached to dividends and non-share dividends included in trust distributions. Trust distributions - income - franking credits Australian franking credits from a New Zealand franking company: If the Superannuation Fund received assessable franked distributions from a New Zealand franking company directly, or indirectly through a partnership or trust, enter the amount of Australian franking credits attached to the distributions that are included in assessable income. Australian franking credits from a New Zealand company Total market value of investments in any other life insurance policies or PSTs: Enter the total market value of investments in any other life insurance policies or PSTs that have not been already included at transfer of liabilities to a LIC or PST- Market value. Total market value of investments in any other life insurance policies or Pooled Superannaution Trusts (PST) Transfer of liabilities to a LIC or PST - Market value: If the answer to the transfer of liabilities question is Yes then enter the market value of each transferor’s investment in the transferee. This is a mandatory field. Transferee market value- Transfer of liabilities to a Life Insurance Company (LIC) or Pooled Superannaution Trust (PST) Transfer of liabilities to a LIC or PST - Amount: If the answer to the transfer of liabilities question is Yes then enter the amount of the contributions transferred to each transferee. This is a mandatory question. Transferee amount- Transfer of liabilities to a Life Insurance Company (LIC) or Pooled Superannaution Trust (PST) Has the fund or trust, with consent of the transferee, transferred assessable contributions under section 295-260 to a life insurance company or pooled superannuation trust?: If the answer to this question is Yes then set the field to TRUE, otherwise set the field to FALSE. Total investments of a fund, ADF or PST may include items such as life insurance policies and units held in PSTs at the balance date. This is a mandatory field. Has the fund or trust, with consent of the transferee, transferred assessable contributions under section 295-260 to a life insurance company (LIC) or pooled superannuation trust(PST)? Credit - refundable franking credits: Complying superannuation funds, complying ADFs and PSTs are entitled to claim a refund of excess franking credits in respect of dividends received (including non-share dividends and assessable dividends from a New Zealand franking company). If the fund is one of these superannuation entities, enter in the field the amount of franking credits that relate to dividends received including non-share dividends and assessable dividends from a New Zealand franking company. Include the amount of franking credits in the assessable income entered at Gross distributions from partnerships under income, Dividend franking credit under income, Trust distributions franking credit under income , or Australian franking credits from a New Zealand company under income. Complying fund's franking credits tax offset Credit - foreign resident withholding: Enter the total amount of tax withheld from payments subject to foreign resident withholding. This includes any distributed share of foreign resident withholding credits distributed to the fund from a partnership or trust. Credit for tax withheld - foreign resident withholding Credit - ABN/TFN not quoted (non individual): Enter the total tax withheld from payments subject to withholding or amounts withheld from investments where the fund’s Australian Business Number (ABN) or Tax File Number (TFN) was not quoted. Credit for tax witheld - where ABN or TFN not quoted (non-individual) Credit for TFN amounts witheld from payments from closely held trusts Eligible Credits Did you have a CGT event during the year?: Set the field to TRUE if the fund had a CGT event happen during the income year, or if the fund received a distribution of a capital gain from a trust. If the fund did not have a CGT event during theyear, set the field to FALSE. If the field is set to TRUE then a Capital gains tax (CGT) schedule needs to be completed if the total current year capital gains are greater than $10,000, or if total current year capital losses are greater than $10,000 and included with this Return. This is a mandatory field. Did you have a CGT event during the income year? Tax losses carried forward to later income years: Enter the total tax losses incurred by the fund that are to be carried forward to the next income year. This amount is the sum of the fund's tax loss for the income year, and the fund's prior year tax losses including prior year tax losses only to the extent they have not previously been deducted or reduced by net exempt income in the current year. If the total loss is greater than $100,000 you must also complete a Losses schedule. Tax losses carried forward to later income years Net capital losses carried forward to later income years: Enter the total of any unapplied net capital losses from collectables and unapplied net capital losses from all other CGT assets and events. If the total loss is greater than $100,000 you must also complete a Losses schedule. Net capital losses carried forward to later income years Section 102AAM interest: Enter the amount of interest calculated in respect of a distribution received from a non-resident trust. Section 102AAM interest charge Number of transfers from foreign funds: Enter the number of transfers received from foreign funds for the current income year. Number of transfers recieved from foreign funds for the current income year Foreign source income - Was the amount of foreign income tax paid greater than $100 000 OR Was the amount of assessable foreign income greater than $500 000?: If the answer to this question is Yes then set the field to TRUE. Otherwise set the field to FALSE. Assessable foreign income is all income sourced from overseas, and includes interest, dividends, attributable income through the Controlled Foreign Company (CFC) and Foreign Investment Fund (FIF) regimes, and foreign-sourced capital gains. This is a mandatory field. Foreign source income - Was the amount of foreign income tax paid greater than $100 000 OR Was the amount of assessable foreign income greater than $500 000? Were any funds or property sent to, or received from, a specified country? OR Does the fund have the ability or expectation to control the disposition of any funds, property, assets or investments located in a specified country?: If the answer to this question is Yes then set the field to TRUE. Otherwise set the field to FALSE. This is a mandatory field. Were any funds or property sent to, or received from, a specified country? OR Does the fund have the ability or expectation to control the disposition of any funds, property, assets or investments located in or elsewhere, but controlled or managed from one of those countries? Type of fund or trust: Select the code that best describes the type of fund or trust at balance date. Do not select more than one. The codes for these fields are: '022' - Small APRA Fund; '198' - Retail Fund; '118' - Industry Fund; '053' - Corporate Fund; '085' - Eligible Rollover Fund; '009' - Approved Deposit Fund; '168' - Pooled Superannuation Trust; '010' - Public sector fund; and '138' - Non-Regulated Fund. This is a mandatory field. Type of fund or trust at balance date Overseas interests - Did you have an overseas branch or a direct or indirect interest in a foreign trust, foreign company, controlled foreign entity or transferor trust ? Schedule A: A 3000-character free-text field to provide additional schedule related information that can't be provided on any other schedule Schedule A Foreign exchange gains Foreign exchange losses Net foreign income: Enter the assessable income derived by the fund from foreign sources – including New Zealand dividends and supplementary dividends ‘grossed up’ by adding the foreign tax to give the gross or pre-tax value, but subtract expenses, including attributed foreign income. Do not include at this field any net foreign source capital gains. Do not enter a negative amount. Net foreign income International related party dealings and transfer pricing - Was the aggregate amount of the transactions with international parties (including the value of any property or service transferred or the balance of any loans) greater than $2 million?: If the answer to this question is Yes then set the field to TRUE. Otherwise,set the field to FALSE. The aggregate amount of the dealings is the total amount of all dealings, whether on revenue or capital account, and includes the balance of any loans or borrowings outstanding with international related parties. Transactions must not be netted off against each other. If the answer is Yes, complete the relevant sections of the International Dealings Schedule form and include with this Return. This is a mandatory field. Was the aggregate amount of the transactions or dealings with international related parties (including the value of property transferred or the balance outstanding on any loans) greater than $2 million? International related party dealings and transfer pricing - Did you have any transactions or dealings with international related parties (irrespective of whether they were on revenue or capital account)?: If the answer to this question is Yes then set the field to TRUE. Otherwise, set the field to FALSE. The type of dealings or transactions that will require the fund to select Yes at this question are dealings by the entity with related parties, such as an overseas holding company, overseas subsidiary, overseas permanent establishment of the entity, or non-resident trust in which the entity has an interest. This is a mandatory field. International related party dealings and transfer pricing - Did you have any transactions or dealings with international related parties (irrespective of whether they were on revenue or capital account)? Other refundable tax offsets: Enter amount for conservation tillage Other refundable tax offsets Net assets available to pay benefits: Enter the total value of net assets available to pay benefits, including items such as life policies, units held in PSTs and assets funding current pension liabilities at the balance date. If the value of life policies is not known, enter the total of contributions to date. Net assets of the fund available to pay benefits Have you claimed an exemption or rollover- Alpha code CGT exemptions or roll-over code: Enter the code that represents the CGT exemption or rollover that deferred or disregarded the largest amount of capital gain. A Small business active asset reduction (subdivision 152-C) B Small business retirement exemption (Subdivision152-D) C Small business roll-over (Subdivision 152-E) D Small business 15 year exemption (Subdivision152-B) E Non-resident CGT exemption (Division 855) F Scrip for scrip roll-over (Subdivision 124-M) G Inter-company roll-over (Subdivision 126-B) H Demerger exemption (Subdivision 125-C) J Capital gains disregarded as a result of the sale of a pre-CGT asset K Disposal or creation of assets in a wholly-owned company (Division 122) L Replacement asset roll-overs (Division 124): M Exchange of shares or units (Subdivision 124-E) N Exchange of rights or options (Subdivision 124-F) O Exchange of shares in one company for shares in another company (Subdivision 124-G) P Exchange of units in a unit trust for shares in a company (Subdivision 124-H) Q Disposal of assets by a trust to a company (Subdivision 124-N) R Demerger roll-over (Subdivision 125-B) S Same asset roll-overs (Division 126): X Other exemptions and rollovers Have you applied an exemption or rollover? A question to determine if Capital Gains has been disregarded and/or deferred as a result of an application of a CGT exemption or rollover. print X in the appropriate box at M. If you printed Y for Yes, you may need to provide details of certain CGT exemptions and rollovers, if you are required to lodge a CGT schedule. FITRLodgeRequest [Abstract] Trustee Transferee INT Primary Items [Abstract] RP Primary Items [Abstract] RP CFCLC Primary Items [Abstract] RP CFC404 Primary Items [Abstract] RP CFCUC Primary Items [Abstract] RP TOFA Primary Items [Abstract] RP JFOREIGN Primary Items [Abstract] RP JAUS Primary Items [Abstract] RP Closing Primary Items [Abstract] Deduction for decline in value of depreciating assets: Enter the amount of deduction for decline in value of depreciating assets. Calculate the total amount of a taxpayer's deduction for decline in value for an income year of depreciating assets held for any time during the income year. The decline in value of a depreciating asset is generally worked out using either the prime cost or diminishing value method. Decline in value of depreciating assets - Deductions