1.1.L.30 Lodgement year
Definition
For the purposes of FA, the lodgement year is the financial year immediately following the relevant income year (1.1.R.23). It is the year in which the individual and/or their partner are required to lodge an income tax return in respect of the relevant income year or notify Centrelink of their ATI if they are not required to lodge an income tax return. It is also the year in which a lump sum claimant must lodge their past period claim (1.1.P.60) for the relevant income year and confirm income.
Lodgement period
Individuals and/or their partners who are required to lodge an income tax return must do so within 12 months of the end of the relevant income year (lodgement period). The same timeframe applies for individuals to notify Centrelink of their ATI if they and/or their partner are not required to lodge an income tax return.
If an individual who receives FTB and/or their partner fail to lodge an income tax return by the end of the lodgement year or fail to notify Centrelink of their ATI if they and/or their partner are not required to lodge an income tax return, a debt will be raised against them. The debt may be comprised of all the FTB they received for the relevant income year. Any SBP paid (where paid under the FTB Part A eligibility test) will also be raised as a debt. Additionally, if the individual subsequently lodges an income tax return, or notifies Centrelink of their ATI if they and/or their partner are not required to lodge an income tax return, after the lodgement period, supplements and top-ups may not be paid.
Individuals who intend to lodge a past period claim for an income year must do so within 12 months of the end of that income year. These individuals, and/or their partners, must lodge an income tax return if required, or notify Centrelink of their ATI if they are not required to lodge an income tax return, within 12 months of the end of the relevant income year (lodgement period). If lump sum claimants fail to meet these timeframes, their lump sum claim will be deemed ineffective.