Loading
Lee23(Newbie)Newbie
7 May 2026

I have a Family Trust established in 2022, with a company trustee..

It has never traded and although all ASIC requirements have been met, I now realise that no nil ATO returns have been lodged since inception. I am winding the company down but unsure what to do about the historic returns. Do I need to lodge returns or can I do an ATO non lodgement advice?

55 views
1 replies
55 views
1 replies

All replies

YellowPotato(Taxicorn)Taxicorn
7 May 2026

You would need to settle any tax obligations before you close i.e. be up to date with tax lodgment

I don't think it would be a nil return, wouldn't the trust still have the annual ASIC fee of the trustee as an expense?


Also a trust can't do a non-lodgment advice



Featured articles

When you need to register for GST

15 Apr 2026 · 4 min read time

Answers to your PAYG instalment questions

16 July 2025 · 5 min read time

Top liked users

  1. Taxduck

    (Taxicorn)

    358 likes

  2. PayrollDeanne

    (Taxicorn)

    342 likes

  3. Bruce4Tax

    (Taxicorn)

    173 likes

  4. YellowPotato

    (Taxicorn)

    166 likes

  5. Peter_Clyne

    (Superuser)

    99 likes

Top contributors

  1. Taxduck

    (Taxicorn)

    1363contributions

  2. PayrollDeanne

    (Taxicorn)

    1316contributions

  3. YellowPotato

    (Taxicorn)

    624contributions

  4. Bruce4Tax

    (Taxicorn)

    461contributions

  5. YEP

    (Devotee)

    280contributions

Loading
Lodgement of historical Nil returns for family trust | ATO Community