TFN reporting is done using this form: https://www.ato.gov.au/assets/0/104/1909/2003/a1a126d3-cd35-44ac-901c-d74507f34fac.pdf Am I correct in understanding this needs to be done for all privately held discretionary trusts, unit trusts and hybrid trusts to report the TFN of their beneficiaries? What happens if this is lodged with the ATO late. Eg. due in July but lodged with the ATO in October? But the trust already has the TFN of the beneficiaries in their records (in writing) from earlier on?