Application for release



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Transcription:

Application for release Write clearly, using a black pen only. Place X in all relevant boxes. If there is not enough space to provide full details, write the additional information on a separate page. Ensure that any additional pages include your name or tax file number (TFN). Do not use pins or staples to attach any other documents you may provide. If you make a mistake ensure the correction is clear. If a question does not apply to you, write N/A. If you have any questions about this form or you need help completing it, phone the Debt Hardship Team on 1300 788 347. Section A: Your details 1 Full name Title: Mr Mrs Miss Ms Other Family name First given name Other given names 2 Date of birth 3 Tax file number (TFN) It is not an offence not to provide your TFN but not quoting it may delay this application. The Tax Office is authorised by the Taxation Administration Act to ask for information in this form. 4 Postal address Street number and name Suburb/town State/territory Postcode 5 Home address If your home address is the same as your postal address, write as above Street number and name Suburb/town State/territory Postcode 6 Contact numbers If we need more information, it is quicker for us to contact you by telephone. Home phone number (including area code) Work phone number (including area code) Mobile number Preferred contact time : AM PM NAT 15080-12.2009 Page 1

7 Are you currently employed? No Go to question 8 What is your occupation? 8 Do you, or a family member, have a medical condition or illness that you think we should take into account? No Go to question 9 Section B: Your spouse or partner and family details 9 Do you have a spouse or partner living with you? No Go to question 14 10 Spouse or partner s name Title: Mr Mrs Miss Ms Other Family name First given name Other given names 11 Date of birth 12 Is your spouse or partner currently employed? No Go to question 13 What is their occupation? 13 Is your spouse or partner also applying for release from his or her individual tax debt? No Go to question 14 You only need to complete one form to apply for release for both. However, both applicants must sign the declaration on page 12. TFN (only include your spouse or partner s TFN if they are also applying for release) 14 List all your dependants (or other persons) living with you who rely on you for financial support Full name of dependant(s) Date of birth Relationship to you Dependant s fortnightly income Page 2

15 List any children (or other persons) not living with you, for whom you also provide some financial support Full name Date of birth Relationship to you Amount of support 16 Briefly describe your current accommodation. For example, I live in a rented, twenty year old, three bedroom, single level house in a city suburb. Section C: Your tax liabilities If there is not enough space to provide full details, write the additional information on a separate page. Ensure that any additional pages include your name or tax file number (TFN). 17 How did your tax debt arise? 18 Have you tried to pay this debt by instalments? No Go to question 19 19 Have you tried to obtain a loan to pay the debt? No Go to question 20 20 Do you expect to have a tax bill in the future? No Go to question 21 Provide details of how you will pay any future tax liabilities Page 3

Section D: Income and expenditure details PART 1: INCOME 21 Fortnightly income Applicant Spouse or partner (if applicable) Salary or wages including salary sacrificing amount (before tax). Commissions from sales. Australian government pension, allowance or payment. Family tax benefit. Maintenance or child support received. Business or partnership income (after expenses). Estate distributions (for example partnership, family trust, deceased estate) Superannuation income. Overseas government pension, allowance or payment. Income from rental property. Board and other contributions to household income. Dividends and interest. Insurance income (for example worker s compensation, income protection insurance) Attach details on a separate page Other (bonuses, directors fees, incentives) Attach details on a separate page Total before tax Total after tax Page 4

PART 2: EXPENDITURE SUMMARY (PERSONAL-HOUSEHOLD EXPENDITURE ONLY) 22 Fortnightly household expenditure Mortgage Rent Board Food and household expenses Household repairs and maintenance Electricity and gas Telephone (including mobile phone) Internet, pay television Water, council rates Clothing Vehicle registration and insurance Vehicle repairs, maintenance, petrol and oil Vehicle loan repayments or leasing charges Fares School fees and other educational expenses Household insurance Health insurance Life insurance, sickness or accident insurance Superannuation contributions (other than employer deductions). Medical, dental and pharmacy Child support or maintenance Child care Hire purchase payments Loan repayments, credit card repayments (total) Entertainment Other (attach details on a separate page) Total Page 5

Section E: Asset and investment details ASSET SUMMARY 23 Do you or your spouse or partner own, or are you buying, the home you live in? No Go to question 25 Property address Suburb/town State/territory Postcode Name of title holder(s) Date of purchase Purchase price, Current market value, Mortgage details First mortgage Second mortgage Name of loan provider Term of loan Date loan taken out Amount of loan Current balance 24 Have you borrowed against this property to obtain loans for other purposes? No Go to question 25 Date of refinance Reason for refinance. For example, debt consolidation, renovation or holiday. Page 6

25 Do you or your spouse or partner own a motor vehicle (includes motorcycle), caravan or boat? No Go to question 26 Vehicle details Vehicle 1 Vehicle 2 Caravan Boat Owner Year and make (for example, 2006 Holden) Model Purchase date Current market value Amount owed Date of loan 26 Do you or your spouse or partner have any other assets, not mentioned so far? For example antiques, jewellery or art works. No Go to question 27 Current market value., Description of asset(s) 27 Have you or your spouse or partner been a beneficiary of a deceased estate since your tax debt arose? No Go to question 28 Value of distribution, Date received or expected Page 7

INVESTMENT SUMMARY 28 Do you or your spouse or partner own or are you buying any property for investment purposes? For example, residential or commercial properties for rent or lease. No Go to question 29 Property address Suburb/town State/territory Postcode Name of title holder(s) Date of purchase Purchase price, Current market value, Mortgage details First mortgage Second mortgage Name of loan provider Term of loan Date loan taken out Amount of loan Current balance 29 Do you or your spouse or partner hold any shares in publicly listed companies, bonds or units in a unit trust? No Go to question 30 Type Number of shares or units Date purchased Maturity date (bonds) Value 30 Do you have any current claims for workers compensation, motor or road accident compensation, or court action for damages? No Go to question 31 Provide details on a separate page. For example, name and address of insurer, amount of claim, claim number, name of legal representative, and date you expect to receive payment Ensure that any additional pages include your name or tax file number (TFN). Page 8

Section F: Bank accounts and credit or store cards 31 Provide all financial details relating to you, your spouse or partner and dependants. Include any bank or credit society accounts, investments, term deposits or money held in trust and all credit card debts. SAVINGS Institution CREDIT CARDS Institution Account name Account name Account type (for example, savings, term deposit) Account number Balance Credit card or store card limit Balance owing Minimum fortnightly payment Actual fortnightly payment 32 Do you or your spouse or partner owe money to any other people or institutions not mentioned so far? For example, fi nance company or loans from relatives. No Go to question 33 Lender Amount borrowed Date of loan Purpose Amount still owing 33 Does anyone owe you or your spouse or partner money? No Go to question 34 Debtor s name Amount owed to you Reason Payment due date Page 9

Section G: Business SOLE TRADER OR PARTNERSHIP 34 Have you or your spouse or partner operated a business, either as a sole trader or in a partnership? No Go to question 35 Business name Australian business number (ABN) Business start date Business cease date COMPANIES 35 Have you or your spouse or partner ever been a company director? No Go to question 36 Company name Company TFN TRUSTS 36 Do you or your spouse or partner have an interest in a trust? No Go to question 37 Name of trust Trust TFN Principal activity of trust Name of trustee Page 10

Section H: Other If there is not enough space to provide full details, write the additional information on a separate page. Ensure that any additional pages include your name or tax file number (TFN). 37 Are there any other factors that you believe are important and which have not yet been mentioned in this application? For example, natural disasters affecting you, death or serious illness in the family, or divorce or marital breakdown No Go to the declaration on the next page. Page 11

Section I: Declaration Before you sign this form Please check that you have provided accurate and complete information. Penalties You should be aware that penalties may be imposed for giving false or misleading information. Privacy We are authorised by the Taxation Administration Act 1953, the Income Tax Assessment Act 1936 and 1997 and the Fringe Benefits Tax Assessment Act 1986 to ask for the information on this application. We need this information to help us administer laws relating to taxation and superannuation. Where authorised by law to do so, we may give this information to other government agencies which administer laws relevant to your particular situation. Depending on your situation these agencies could include Centrelink, the Australian Federal Police, the Child Support Agency, the Department of Veterans Affairs, the Department of Immigration and Multicultural and Indigenous Affairs, the Department of Family and Community Services and the Department of Education, Science and Training. We may check the supporting information supplied with the issuing agencies. I authorise my spouse/partner to discuss my tax affairs with the Tax Office No I/we declare that the information given on this form is true and correct. Signature Date Signature (spouse, if applicable) Date Application checklist (tick all boxes once complete) I/we have lodged all of my/our income tax returns and activity statements. You must lodge all outstanding income tax returns and activity statements to help us determine the full amount of the taxation debt that may be released. If you have not lodged your income tax returns and activity statements, your application for release may not be considered and could be returned to you. I/we do not have an unresolved dispute with the Tax Office (for example, you objected to an income tax assessment or requested an amendment to your assessment) Release may not be granted while your tax debt is in dispute. I/we have signed the declaration. You must sign and date the declaration or your application will not be considered. I/we have kept a copy of the application for our records. How to lodge your application Send your application to: Australian Taxation Office Reply Paid 3129 PENRITH NSW 2740 You do not need to include a postage stamp on the envelope. Page 12