Due date for royalty returns
The due date for a quarterly royalty return is the last business day of the month following the end of the return period. This is the case regardless of whether the operation ended during the quarterly return period.
The due date for an annual royalty return is 3 months after the end of the return period; for example:
- 31 March is the due date for petroleum operations lodging on a calendar year basis
- 30 September is the due date for mining operations, and for petroleum operations lodging on a financial year basis.
However, if the return relates to a mining operation that ended during the annual return period, the final return for the operation must be lodged within 3 months after the end of the operation.
If these dates are not a business day, the due date is the next business day.
We are able to bring forward the due date for lodgement of a royalty return and the date for paying the royalty, where it is considered necessary to protect public revenue.
If you do not lodge a royalty return on time, we may make a default assessment based on the amount we reasonably believe is owed. If a default assessment is issued, a royalty penalty of 75% of the royalty assessed will be imposed.
Find out more about royalty payment due dates.