Prescribed private funds (PPFs) must provide a simple annual return - a “Prescribed Private Fund information return” - to the Tax Office at the end of each financial year. The return for the financial year 1 July 2006 – 30 June 2007 have now been sent by the ATO to all PPFs and must be completed and lodged with the ATO by 28 February 2008.
There are two versions of this form, the full version or the simplified version. The particular circumstances of your PPF will determine which of these forms is the appropriate one for your foundation.
For further information on these forms and how to complete them please refer to the ATO website.
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