The Australian Taxation Office (ATO) has issued the Taxation Laws (Requirement to Lodge a Return for the 2024 Year) Instrument 2024.
This instrument outlines who must file an income tax return for the year ending 30 June, 2024.
Additionally, it introduces a new requirement for not-for-profit (NFP) organisations to submit self-review returns.
The instrument also covers filing requirements for franking returns, venture capital deficit tax returns, ancillary fund returns, and trustees of self-managed superannuation funds.