Meeting GPFS deadline
Your GPFS must be for the financial year most closely corresponding to your income year.
If you're unable to meet your GPFS lodgment deadline due to exceptional and unforeseen circumstances, you can request a GPFS lodgment deferral by sending an email to GPFS@ato.gov.au.
Voluntary disclosure
Voluntary disclosure gives you the opportunity to correct your section 3CA reporting obligations. We recognise that sometimes an entity may not meet their lodgment obligation on time, even with their best intentions. If you failed to lodge your GPFS by the due date, we encourage you to inform us of any unreported or late lodgment of a GPFS for a single or multiple periods.
If you have failed to lodge your GPFS by the due date, you should make a voluntary disclosure by emailing GPFS@ato.gov.au.
Application of failure to lodge penalties
If you fail to give us a GPFS in the approved form on or before the original or deferred due date of the lodgment , you may be liable to failure to lodge (FTL) on time penalties. These are significantly higher for significant global entities (SGE) than for other entities. These penalties may apply irrespective of any penalty imposed under the Corporations Act.
For more information see: