We check you have reported the income you get from trusts correctly.
We may get information from the Australian Taxation Office that you are a part of a Trust. If we do, we’ll send you a letter, asking you to contact us to confirm or update your information. When you contact us, we’ll discuss your individual circumstances with you, and tell you what additional information you may need to provide.
What details do we need
We’ll need the following details from you:
- a Notes for Private Trust form
- your financial statements
- company, trust and individual income tax returns
You may also need to provide additional information if:
- your income has changed since your last income tax return, or
- you have not completed your latest income tax return or a Trust/Company Profit and Loss Statement
Depending on your circumstances, we may ask you to also send us:
How to submit documents
You can submit documents: