business.gov.au

Notification of Unclaimed Monies - Victoria

Description

When a business can't return money to its rightful owners, they must lodge those funds as unclaimed money.

This can include:

  • share dividends
  • salaries and wages
  • rent and bonds
  • debentures and interest
  • proceeds from a sale
  • gaming winnings or prizes.

You must lodge:

  • gross amounts of $20 or more for general entitlements
  • all gaming-related winnings and prizes, regardless of amount.

Service type

Regulatory Obligation

An obligation defined in law. A business must comply with relevant services.

Act(s) name

Unclaimed Money Act 2008 Victoria

Lodgement process

Apply

By 31 March each year, you will need to:

  • create a register of unclaimed money
  • enter details of all unclaimed money held at 1 March into the register.

By 31 May each year, you must:

  • complete the online Statement of Compliance
  • attach the register of all unclaimed money
  • submit the Statement of Compliance
  • pay the unclaimed money stated.

Administering agency

Department of Treasury and Finance

State Revenue Office

Contact details

Contact Email, Phone and Address Details for this service in simple two column table format, header then data.