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ATO Issues Notice on Reporting Private Company Dividends — Orbitax Tax News & Alerts

The Australian Taxation Office (ATO) has issued a notice on the requirements for private companies to report dividends.

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Reporting private company dividends

We'll soon be contacting private companies that haven't lodged a Dividend and interest schedule (DIS) for one or more income years.

Your private company needs to lodge a DIS as part of your company tax return if you're reporting any dividend and interest amounts paid or credited.

Now is the time to review your affairs and check that your lodgments are up to date. Otherwise you may face a penalty for failure to lodge a DIS.

See also:

Company tax return instructions 2021 - Dividend and interest schedule

Company tax return instructions 2020 - Dividend and interest schedule

Company tax return instructions 2019 - Dividend and interest schedule