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ATO Form Partnership Tax Return

Australian Partnership Tax Return

Country

Australia

Revision year

2024

Methods

efile

Updated

2026-05-20

Australian Partnership Tax Return

Annual income tax return for Australian partnerships.

Who must file: Australian partnerships including general partnerships and limited partnerships.

Practical overview

Australian partnerships file an information return; tax flows through to partners. Common issues include the corporate-limited-partnership rules that treat certain limited partnerships as companies, allocation of profits and losses, and Division 7A interaction where partnership uses corporate UPE arrangements.

Practical steps

  • Prepare partnership accounts for the income year ending 30 June.
  • Allocate net partnership income to each partner per the partnership agreement.
  • File the partnership tax return.
  • Ensure each partner reports their distributive share on their individual or corporate return.

Due-date notes

Generally 31 October self-lodger; later via registered tax agent.

Timing: 31 October

Penalty snapshot

Failure-to-lodge penalty applies to partnership and each partner.

Primary sources

Important disclaimer

This library is for general tax education only. Always verify filing obligations, due dates, and tax consequences against the cited primary source or with a qualified tax professional.