If you run a company in Australia, lodging a company tax return (CTR) isn’t just a formality — it’s a legal requirement. Whether you’re a startup, SME, or established enterprise, understanding your obligations and staying compliant with the ATO is critical to your business’s financial health.
Here’s what you need to know about company tax returns and how Ambition Accounting can help you handle them with confidence.
What Is a Company TAX Return (CTR)?
A Company Tax Return (CTR) is a report lodged annually with the Australian Taxation Office (ATO) that outlines a company’s income, expenses, and tax payable. Unlike individual or sole trader tax returns, a CTR is specific to registered companies and reflects their financial performance for the year.
If your business is a proprietary limited company (Pty Ltd), you’re required to file a CTR return even if the business didn’t operate or made a loss.
Key Elements in a CTR
When lodging your company tax return, you need to report:
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Gross income and deductions
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Capital gains and losses
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Franking credits (if applicable)
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Any R&D tax incentives or depreciation claims
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Tax offsets and credits
Accuracy is essential — errors or omissions can trigger audits, penalties, and interest charges.
Deadlines for Company TAX Return Lodgement
The standard deadline for lodging a CTR is October 31, but this can vary if you use a registered tax agent like Ambition Accounting. Lodging through an agent usually gives you extended deadlines, sometimes up to May of the following year — depending on your company’s lodgement history.
Why Professional Help Matters
Filing a CTR isn’t just data entry. It’s strategic.
With constant changes in tax law, missed deductions and compliance mistakes can cost your business money. At Ambition Accounting, we don’t just lodge your return — we look at your whole tax position. That includes tax planning, minimising liabilities, and making sure you stay in the ATO’s good books.
How Ambition Accounting Supports Your CTR
Here’s how we take the stress out of your company tax return:
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✅ Detailed review of your financials to ensure every deduction is claimed
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✅ ATO-compliant reporting to avoid penalties
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✅ Strategic tax planning to reduce your tax burden
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✅ On-time lodgement through our registered tax agents
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✅ Clear communication — no jargon, just straight answers
We work with companies across Australia, whether you’re in Sydney, Melbourne, or managing your business remotely.
Ready to Lodge Your CTR Without the Headache?
A company tax return (CTR) shouldn’t keep you up at night. Let Ambition Accounting handle it for you — accurately, efficiently, and with your best financial interests in mind.
Book your free consultation today and get peace of mind that your business tax return is in expert hands.
Need help with your CTR?
Visit Ambition Accounting or call us to speak with a professional accountant today.
