If you make an investment in a Spaceship Voyager portfolio, sell an investment in a Spaceship Voyager portfolio, or receive income (aka a distribution) from a Spaceship Voyager portfolio, you are likely to have tax consequences.

Here, we’ll outline how tax time works if you have a Spaceship Voyager portfolio.

Tax statements

If you are a Spaceship Voyager customer within a financial year (which starts on 1 July and ends the next year on 30 June), you will receive an annual statement from us.

The annual statement will include a record of all your transactions during the period, which you or your tax agent can use to determine whether you have triggered a tax event (such as a capital gain or loss).

You will also receive a tax statement (aka an AMMA statement).

The tax statement or AMMA statement will outline any income you received from your investment and the related tax consequences. This statement contains information you will need to complete your Australian income tax return.

We will be sending out statements for the FY21 (1 July 2020 to 30 June 2021) financial year during the week beginning 26 July 2021. We send these statements to your Spaceship Voyager email address.

Pre-filled information

Spaceship sends the Australian Tax Office (ATO) financial information on your Spaceship Voyager portfolios, which allows the ATO to pre-fill your tax return.

It is important you check pre-fill information when filing your tax return and add any missing details.

We will submit pre-fill information to the ATO for the FY21 (1 July 2020 to 30 June 2021) financial year during the week beginning 26 July 2021.

Distributions

A distribution is your share of your portfolio’s distributable income (such as dividends and interest), capital gains, and withholding tax.

You are allocated a share of this income if you are a unitholder on the distribution calculation date. The distribution calculation date generally takes place annually, and is on or around 30 June each year.

Your distribution will generally be paid within 90 days of the distribution calculation date.

Distributions for the Spaceship Universe Portfolio and the Spaceship Origin Portfolio are paid by direct deposit.

Distributions for the Spaceship Earth Portfolio are paid by issuing additional units in the portfolio. This means your distribution is reinvested into your portfolio.

Click here to learn more about dividends, distributions, and who is eligible to receive a distribution.

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