Member Updates
Scroll down to see the following recent site updates and reminders about upcoming lodgement due dates.
- New Look Letters
- Related Party Loans
- Foreign Income 2025 – Individuals
- Practice Reminders
New Look Letters
Our Letters have been redesigned with a fresh look and improved functionality to make them more user-friendly.
The landing page for Letters (About Letters) now has a map showing a complete list of available letters and the menu item under which they can be found. Selecting a letter from that left hand side menu will display the following on your screen –
- Full text of the letter with instructions in red;
- A brief description of its intended use;
- The date last reviewed;
- Any associated forms from our site that should be attached;
- Any other attachments; and
- A link to download the file in Microsoft Word format.
You will now be able to view any letter on screen before downloading the file to assess its suitability for your needs. There are now 2 ways you can use these letters –
- Copy and paste part or all of the letter on screen to your outgoing email or letter; or
- Download the Word file to your computer to customise the text to suit your needs or add it to your own collection of template letters.
Although our letters will be reviewed on a periodic basis, ATO and other notices can change at any time so carefully review our template to ensure that it is appropriate for your circumstances. If you receive a notice not covered by our existing templates, please send us the standard text from that notice, excluding sensitive information, and we will be happy to add a new letter to our collection.
Related Party Loans User request
This calculator has replaced the annual calculators of the same name. Find it in Calculations/Financial Calculations. Features include –
- Use for any period and multiple years. (new)
- Amortise a related party (unstructured) loan.
- Calculate interest and closing balances for each financial year.
- Calculate the payout amount at any time during the life of the loan.
- Change interest rates as many times as needed (new).
- Sort date columns automatically.
- Automatically add 30 June entries for each financial year needed (new).
- Filter entries by financial year (new).
Click on the image below for a closer look.
RELATED PARTY LOANS
Foreign Income 2025 – Individuals. New from user feedback
Use this calculator to help complete question 20 on the 2025 individual return. It replaces Foreign Income Tax Offset (FITO). The handy features of this workpaper include –
- In-built monthly and annual average exchange rates for 18 countries.
- The ability to add your own exchange rate for any country and period.
- It’s Excel, so you can copy in any source data to the data table to save time.
- Filter the data table by income type, country or period.
- Produce a summary for the return form labels, including calculating the foreign income tax offset.
Click on the image below for a closer look.
FOREIGN INCOME 2025 – INDIVIDUALS
Practice Reminders
Activity Statements
Lodge and pay October 2025 monthly business activity statement.
Activity Statements
Lodge and pay quarter 1, 2025–26 activity statement if you lodge electronically.
Superannuation Guarantee
Lodge and pay quarter 1, 2025–26 Superannuation guarantee charge statement if the employer did not pay enough contributions on time.
Note: Employers lodging a Superannuation guarantee charge statement can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They still have to pay the remaining super guarantee charge.
Pay Income Tax
Pay income tax for taxable large and medium taxpayers, companies and super funds. Lodgment of return is due 31 January 2026.
Pay income tax for the taxable head company of a consolidated group with a member deemed to be a large or medium taxpayer in the latest year lodged. Lodgment of return is due 31 January 2026.
Pay income tax for companies and super funds when lodgment of the tax return was due 31 October 2025.
Activity Statements
Lodge and pay November 2025 monthly business activity statement.
Activity Statements
Lodge and pay quarter 2, 2025–26 PAYG instalment activity statement for head companies of consolidated groups.
Lodge and pay December 2025 monthly business activity statement except for business clients with up to $10 million turnover who report GST monthly and lodge electronically.
Super Guarantee
Make quarter 2, 2025–26 super guarantee contributions to funds by this date.
Note: Employers who do not pay minimum super contributions for quarter 2 by this date must pay the super guarantee charge and lodge a Superannuation guarantee charge statement by 28 February 2026.
TFN Report
Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 2, 2025–26.
Income Tax Returns
Lodge tax return for taxable large and medium entities as per the latest year lodged (all entities other than individuals), unless required earlier.
Payment for large and medium entities with a 31 January due date is:
- 1 December 2025 for companies and super funds
- for trusts, as stated on their notice of assessment.
Note: You cannot assume a later date for lodgment on the basis that the taxpayer will be non-taxable in the current year. If you request a lodgment deferral, it will be escalated for manual assessment as an ATO assessed deferral.
Lodge tax return for the taxable head company of a consolidated group (including a new registrant) that has a member who has been deemed a large or medium entity in the latest year lodged, unless the return was required earlier. Payment was due 1 December 2025.
Activity Statements
Lodge and pay December 2025 monthly business activity statement for business clients with up to $10 million turnover who report GST monthly and lodge electronically.
Lodge and pay January 2026 monthly business activity statement.
Income Tax Returns
Lodge tax return for non-taxable large and medium entities as per the latest year lodged (except individuals).
Payment (if required) for companies and super funds is also due on this date. Payment for trusts in this category is due as per their notice of assessment.
Lodge tax returns for new registrant (taxable and non-taxable) large or medium entities (except individuals).
Payment (if required) for companies and super funds is also due on this date. Payment for trusts in this category is due as per their notice of assessment.
Lodge tax return for non-taxable head company of a consolidated group, including a new registrant, that has a member who has been deemed a large or medium entity in the latest year lodged.
Lodge tax return for any member of a consolidated group who exits the consolidated group for any period during the year of income.
Lodge tax return for large or medium new registrant (non-taxable) head company of a consolidated group.
Lodge and pay Self-managed superannuation fund annual return for new registrant (taxable and non-taxable) SMSF, unless they have been advised of a 31 October 2025 due date at finalisation of a review of the SMSF at registration.
Note: There are special arrangements for newly registered SMSFs that do not have to lodge a return – see Super lodgment.
Activity Statements
Lodge and pay quarter 2, 2025–26 activity statement for all lodgment methods.
Pay quarter 2, 2025–26 instalment notice (form R, S or T). Lodge the notice only if you vary the instalment amount.
Annual GST return – lodge (and pay if applicable) if the taxpayer does not have a tax return lodgment obligation.
Note: If the taxpayer does have a tax return obligation, this return must be lodged by the due date of the tax return.
Super Guarantee
Lodge and pay quarter 2, 2025–26 Superannuation guarantee charge statement if the employer did not pay enough contributions on time.
Note: Employers lodging a Superannuation guarantee charge statement can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They still have to pay the remaining super guarantee charge.
Activity Statements
Lodge and pay February 2026 monthly business activity statement.
Income Tax Returns
Lodge tax return for companies and super funds with total income of more than $2 million in the latest year lodged (excluding large and medium taxpayers), unless the return was due earlier. Payment for companies and super funds in this category is also due by this date.
Lodge tax return for the head company of a consolidated group (excluding large and medium), with a member who had a total income in excess of $2 million in their latest year lodged, unless the return was due earlier. Payment for companies in this category is also due by this date.
Lodge tax return for individuals and trusts whose latest return resulted in a tax liability of $20,000 or more, excluding large and medium trusts. Payment for individuals and trusts in this category is due as advised on their notice of assessment.
Activity Statements
Lodge and pay quarter 3, 2025–26 PAYG instalment activity statement for head companies of consolidated groups.
Lodge and pay March 2025 monthly business activity statement.
Activity Statements
Lodge and pay quarter 3, 2025–26 activity statement if lodging by paper.
Pay quarter 3, 2025–26 instalment notice (form R, S or T). Lodge the notice only if you are varying the instalment amount.
Superannuation Guarantee
Make super guarantee contributions for quarter 3, 2025–26 to the funds by this date.
Note: Employers who do not pay minimum super contributions for quarter 3 by this date must pay the super guarantee charge and lodge a Superannuation guarantee charge statement by 28 May 2026.
TFN Report
Lodge TFN report for closely held trusts if any beneficiary quoted their TFN to a trustee in quarter 3, 2025–26.
Lost Members Report
Lodge lost members report for the period 1 July 2024 to 31 December 2025.
Income Tax Returns
Lodge 2025 tax returns for all entities that did not have to lodge earlier (including all remaining consolidated groups) and are not eligible for the 5 June concession.
Due date for companies and super funds to pay if required.
Note: Individuals and trusts in this category pay as advised on their notice of assessment.
Activity Statements
Lodge and pay April 2026 monthly business activity statement.
Fringe Benefits Tax
Final date to add new FBT clients to your client list to ensure they receive the lodgment and payment concessions for their fringe benefits tax returns.
Lodge and pay Fringe benefits tax annual return if lodging by paper.
Activity Statements
Lodge and pay eligible quarter 3, 2025–26 activity statements if you lodge electronically.
PAYG Withholding Variations
Request information for PAYG withholding variation applications for 2027 (letter available in “letters” module)
Super Guarantee
Lodge and pay quarter 3, 2025–26 Superannuation guarantee charge statement if the employer did not pay enough contributions on time.
Note: Employers who lodge a Superannuation guarantee charge statement can choose to offset contributions they paid late to a fund against their super guarantee charge for the quarter. They still have to pay the remaining super guarantee charge.
Income Tax Returns
Lodge tax returns due for individuals and trusts with a lodgment due date of 15 May 2026 provided they also pay any liability due by this date.
Lodge tax return for companies and super funds with a lodgment due date of 15 May 2026 provided both the prior year and current year return will be non-taxable or result in a refund.
Note:
- This is not a lodgment due date but a concessional arrangement where failure to lodge on time (FTL) penalties will not apply if you lodge and pay by this date.
- Large and medium taxpayers and head companies of consolidated groups are excluded from this concession.
News
Lookup
2025 Return Forms & Instructions
| Individuals Return Instructions Supp Instructions | Partnerships Return Instructions | Trusts Return Instructions |
| Companies Return Instructions | SMSFs Return Instructions | FBT Return Instructions |
2025 Resident Individual Tax Rates
| Taxable Income | Tax + Rate on Margin |
|---|---|
| $0 – $18,200 | NIL + NIL |
| $18,201 – $45,000 | NIL + 16% |
| $45,001 – $135,000 | $4,288 + 30% |
| $135,001- $190,000 | $31,288 + 37% |
| $190,001 and over | $51,638 + 45% |
| Plus Medicare Levy of 2% subject to thresholds |
Work Deductions
| Deduction | 2025 | 2024 |
|---|---|---|
| Motor Vehicle Cents Per Km | 88 cents | 85 cents |
| Work From Home – Fixed Rate Method | 70c/hour | 67c/hour |
| Overtime Meals Per Meal | $37.65 | $35.65 |
| Home Laundry – Work Clothes | $1/load | $1/load |
| Home Laundry – Mixed Load | 50c/load | 50c/load |
Superannuation Contribution Caps
| Component | 2026 | 2025 | 2024 |
|---|---|---|---|
| Concessional | $30,000 | $30,000 | $27,500 |
| Non-Concessional | $120,000 | $120,000 | $110,000 |
Other Rates
| Item | 2026 | 2025 | 2024 |
|---|---|---|---|
| CGT Improvement Threshold | $187,962 | $182,665 | $174,465 |
| Car Depreciation Limit | $69,674 | $69,674 | $68,108 |
| FBT Rate | 47% | 47% | 47% |
| Division 7A Interest Rate | 8.37% | 8.77% | 8.27% |
| Superannuation Guarantee | 12.00% | 11.50% | 11.00% |