Applying for a Notice or Certificate
A completed application form for a notice is to be submitted to the Department at least three months before the end of the income year for which the applicant intends to seek access to a tax incentive through the Australian Taxation Office (ATO). A notice is required for new entrants to claim a tax incentive for a full year. In the absence of a notice, any certificate issued to first time applicants will only cover the last three months of the income year.
A completed application form for a certificate is to be submitted to the Department after the end of an income year but at least 30 days before the entity is required to lodge its income tax return for the income year. When applying for access to the tax incentives in subsequent years, applicants who have been issued a certificate in a previous year need only seek a certificate from the Department and do not need a notice.
Please note the relevant eligibility requirements when considering your application for tax incentives. For more information on the specific requirements of the different tax incentives and how they apply to your circumstances, please contact the ATO.
Please submit your completed application for a notice or a certificate via email to email@example.com.
An application can be made to the Administrative Appeals Tribunal for review of a decision of the Minister or Delegate under section 24 of the Shipping Reform (Tax Incentives) Act 2012.
Shipping Exempt Income Tax Incentive
Australian operators of Australian registered eligible vessels seeking a Shipping Exempt Income Tax Incentive on qualifying shipping income for the first time may wish to initially apply for a Shipping Exempt Income notice establishing that they currently meet the qualifying conditions. Access to the Shipping Exempt Income Tax Incentive requires applicants to satisfy training and management requirements set out in the Shipping Reform (Tax Incentives) Regulation 2012. A notice will be issued if applicants meet the qualifying conditions. As noted above, a notice is not required for access to the Tax Incentive; however, a notice provides assurance that the applicant meets the requirements, and is needed in order for the first certificate of an entity to commence earlier in the income year instead of covering only the last three months of the income year.
In order to obtain the Tax Incentive, applicants are required to obtain a certificate from the Department after the end of the income year and at least 30 days before they are required to lodge their income tax return for the income year with the ATO.
- Shipping Exempt Income Notice Application Form PDF: 617 KB
- Shipping Exempt Income Certificate Application Form PDF: 607 KB
Accelerated Depreciation and Roll-Over Relief
Australian corporate owners of Australian registered eligible vessels seeking accelerated depreciation and/or roll-over relief for the first time may wish to initially apply for a notice establishing that they meet the qualifying conditions. A notice will be issued if they meet the conditions. As noted above, a notice is not required for access to the tax incentive; however, a notice provides assurance that the applicant meets the requirements, and is needed in order for the first certificate of an entity to commence earlier in the income year instead of covering only the last three months of the income year.
In order to obtain the tax incentive, applicants are required to obtain a certificate from the Department after the end of the income year and at least 30 days before they are required to lodge their income tax return for the income year with the ATO.
Seafarer Tax Offset
An Australian company may be eligible for a tax offset for an income year if it employs an individual who is an Australian resident to undertake overseas voyages on eligible vessels in particular circumstances. One of the criteria for the tax offset is that a certificate must have been issued under the Shipping Reform (Tax Incentives) Act 2012 for the vessel.
Depending on the circumstances, you may be eligible to apply for a certificate for the vessel, or you may need to obtain a copy of the certificate from the operator or owner of the vessel.
Royalty Withholding Tax Exemption
Foreign lessors of eligible vessels leased under a bareboat or demise charter to an Australian resident company seeking an exemption from royalty withholding tax do not require a notice or a certificate under the Shipping Reform (Tax Incentives) Act 2012. This exemption is obtained directly in accordance with the requirements set out in paragraph 128B(3)(m) of the Income Tax Assessment Act 1936.
Indicative Timelines for Processing your Application
Please allow 15 business days for a complete application for a certificate or notice to be assessed by the Department. This timeframe is a guide only. This process may take longer if any further information or clarification is required, if the necessary supporting documentation is not initially provided or if the application is incomplete.
Shipping Reform Tax Incentives Scheme - Privacy Statement
The Department of Infrastructure, Transport, Regional Development and Communications (the department) collects personal information in accordance with the Privacy Act 1988 (Privacy Act), and as authorised under the Shipping Reform (Tax Incentives) Act 2012, for the purpose of issuing notices and certificates for a shipping vessel under the scheme. Personal information collected may be:
- used by the department,
- disclosed to other parties (e.g. other government agencies),
- disclosed when required, or authorised by law, and
- used for another purpose with your consent.
If you do not provide the information requested, we may not be able to process your application.
Collected information may be published on the department’s website. Published information will be aggregated and will not disclose personal information.
If you have any questions, please contact the Privacy Officer.