• General purpose financial statements (GPFS)

    This form enables tax agents to lodge general purpose financial statements (GPFS) on behalf of significant global entities that are corporate tax entities if they don’t lodge one with the Australian Securities & Investments Commission (ASIC). The form can be used to report from 1 July 2017.

    The form allows for the attachment of the GPFS in PDF format. The maximum file size allowed is 20MB.

    Authorisation to submit the form

    Users must have the correct permissions set by their Administrator in Access Manager to prepare and lodge the form.

    To update the GPFS lodgment permissions in Access Manager:

    • select Access and permissions heading in the left hand menu
    • select the user to be modified
    • in the Permissions table select the My clients tab
    • go to General purpose financial statement  
    • select the Prepare and Lodge  
    • select Save.

    Information you will need

    To complete the lodgment you will need to:

    • supply the  balance date of the GPFS
    • attach the GPFS in PDF format.

    How to access the form

    • Select Client forms in the left menu.
    • Select General purpose financial statements from the forms listed.

    You have the option to either:

    • add a new statement
    • update a lodged statement.

    Add a new statement

    To add a new statement:

    • select Add 
    • select the income tax year from the drop-down menu
    • enter the balance date (financial year end date) using the calendar
    • select Attach to attach the GPFS in PDF format. The maximum allowable file size is 20MB
    • select the declaration box to sign the declaration.

    An ATO Receipt ID will be supplied to confirm the lodgment was successfully submitted.

    Update a lodged statement

    To update a lodged statement:

    • select Client forms in the left menu
    • select General purpose financial statements from the list of forms
    • lodged statements are displayed in a table
    • select Update against the relevant statement.

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If you follow our advice or guidance and it turns out to be incorrect, or it is misleading and you make a mistake as a result, we will take that into account when determining what action, if any, we should take.

Some of the advice and guidance on this website applies to a specific financial year. This is clearly marked. Make sure you have the information for the right year before making decisions based on that information.

If you feel that our advice and guidance does not fully cover your circumstances, or you are unsure how it applies to you, contact us or seek professional advice.

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