Member Updates
Scroll down to see the following recent site updates and reminders about upcoming lodgement due dates.
- Foreign Income 2025 – Individuals
- Professionals Profit 2025
- Lodgement Dashboards 2025
- Practice Reminders
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
Professionals Profit 2025
The ATO is watching your professional clients to see if they comply with the guidelines in PCG 2021/4 when allocating profits to individual practitioners. These guidelines apply to professional firms which include, but are not limited to, accounting, architecture, engineering, financial services, law, medicine and management consulting.
Here are some quotes from the ATO in these guidelines –
- Para 25 – they “expect you to annually assess your eligibility to apply this Guideline” and “If you want to apply this Guideline, we expect you to document your assessment of, and also to review, your eligibility as your business or arrangement changes.”
- Para 107 – they will “”monitor outcomes over a period of time”
- Para 111 – they “may fact-check your assessment of your profit allocation. If you are unable to provide evidence to support your assessment, we may undertake further compliance activity.”
And more recently on 22 September 2025 in their post about Areas of focus 2025-26 under “Specific industries or activities on focus – Tax advisers and professional firms” the ATO say –
- “In addition to the foundational issues applicable to all private groups, we’ll focus on: …….compliance with PCG 2021/4 Allocation of professional firm profits – ATO compliance approach – we’ll take action where we identify high-risk arrangements that reduce an individual professional practitioner’s tax liability.”
Our calculator will help you to assess any risk associated with profit allocations among your professional clients and can be used as evidence of your assessment to satisfy the requirements in paragraph 111 above.
The important features of this workbook include –
- It has a procedures checklist to assist with the process and to check on the client’s eligibility to apply the guidelines.
- You can do an actual risk assessment for 2025.
- And you can project an assessment for 2026 with a view to making adjustments to future allocations of profit where necessary.
- You can use our calculator to assess just one professional in a firm or if you act for all partners, assess each one individually in the same file.
- Automatic calculations are performed for income tax, FBT and superannuation contributions tax to arrive at an effective tax rate.
- For guidance, the file includes a sample assessment showing how to enter data for most situations.
- You can copy the suggested text explaining the guidelines and the client’s risk rating and paste it into an outgoing email or letter to your client.
Click here to preview this calculator on our YouTube channel or click on the image below for a closer look.
PROFESSIONALS PROFIT – RISK ASSESSMENT FOR THE YEAR ENDED 30 JUNE 2025
Lodgement Dashboards 2025
Both lodgement dashboards for 2025 are now available for download. These calculators enable you to import ATO and Practice data into an interactive dashboard where you can see a summary of your Return and BAS lodgements and analyse by several different filters. For a demonstration of these dashboards in action, click here to see our video on YouTube.
Returns – ATO Data Only
In this scenario, you can choose to just import the downloaded ATO report (all returns) with a single click to load the dashboard and see an analysis of your clients and their lodgements. Click on the image below to see the dashboard which shows –
- The number and relative percentage of each client entity type.
- A graph showing actual lodgements to the date of the ATO report by entity type.
- A list of due dates showing returns due, returns lodged and percentage thereof.
- A summary of client lodgements for the prior 3 years.
LODGEMENT DASHBOARD RETURNS – ATO DATA ONLY
Returns – ATO and Practice Data
Why not go one step further and import practice data to identify staff responsible for lodgements. You have the option of using just one or up to three reporting levels to suit the needs of your practice. Click on the image below to see this dashboard which shows the following information in addition to the ATO Data only scenario above –
- Menu options to view data for up to three user-definable reporting levels.
- 85% on-time targets and actuals – new. To use this feature, you need to import actual lodgement dates from your practice software.
- Lodgement performance for up to three reporting levels.
- View data based on your user-definable Job Status for each return – new from user request.
LODGEMENT DASHBOARD RETURNS – ATO AND PRACTICE DATA
BAS – Not Lodged Activity Statements
As with the Returns dashboard, you have the option of importing just ATO data or including practice data in your dashboard. Click on the image below to see this dashboard which shows –
- Menu options to view data for your three reporting levels.
- View activity statements by responsibility (practice or client).
- View activity statements by period.
- View the top 20 clients in order of the quantity of outstanding activity statements.
- View staff responsible for outstanding activity statements.
lodgement dashboard – bas
Practice Reminders
PAYG Withholding Payment Summary Annual Report
Lodge PAYG withholding payment summary annual report if prepared by a BAS agent or tax agent excluding large withholders whose annual withholding is greater than $1 million.
TFN Withholding Annual Report
Lodge Annual TFN withholding report 2025 if a trustee of a closely held trust has been required to withhold amounts from payments to beneficiaries.
Annual PAYG Instalment Notice
Pay annual PAYG instalment notice (Form N). Lodge only if you vary the instalment amount or use the rate method to calculate the instalment.
Activity Statements
Lodge and pay quarter 1, 2025–26 PAYG instalment activity statement for head companies of consolidated groups.
Lodge and pay September 2025 monthly business activity statement.
Activity Statements
Lodge and pay quarter 1, 2025–26 activity statement if lodging by paper.
Pay quarter 1, 2025–26 instalment notice (form R, S, or T). Lodge the notice only if you vary the instalment amount.
Lodge and pay annual activity statement for TFN withholding for closely held trusts where a trustee withheld amounts from payments to beneficiaries during the 2024–25 income year.
Superannuation Guarantee
Make super guarantee contributions for quarter 1, 2025–26 to funds by this date.
Note: Employers who do not pay minimum super contributions for quarter 1 by this date must pay the super guarantee charge and lodge a Superannuation guarantee charge statement by 28 November 2025.
New Clients
Final date to add new clients to your client list to ensure their 2025 tax return is covered by the lodgment program.
Note: The lodgment program is a concession to registered agents. We can ask for documents to be lodged earlier than the lodgment program due dates.
Income Tax Returns – Prior Year Return(s) Outstanding as at 30 June
Lodge tax returns for all entities if one or more prior year returns were outstanding as at 30 June 2025.
Note:
- This means all prior year returns must be lodged, not just the immediate prior year.
- If all outstanding prior year returns have been lodged by 31 October 2025, the lodgment program due dates will apply to the 2025 tax return.
- SMSFs in this category must lodge their complete Self-managed superannuation fund annual return by this date.
SMSF Annual Returns – New Funds
Lodge and pay Self-managed super fund annual return for (taxable and non-taxable) new registrant SMSF if we have advised the SMSF that the first-year return has a 31 October 2025 due date.
Income Tax Returns – Prosecuted for Non-lodgment of Prior Return(s) and Advised to Lodge by 31 October
Lodge tax return for all entities prosecuted for non-lodgment of prior year returns and advised of a lodgment due date of 31 October 2025:
- Some prosecuted clients may have a different lodgment due date – refer to the letter you received for the applicable due date.
- Payment (if required) for individuals and trusts in this category is due as advised in their notice of assessment.
- Payment (if required) for companies and super funds in this category is due on 1 December 2025.
- SMSFs in this category must lodge their complete Self-managed superannuation fund annual return by this date.
Annual Investment Income Report
Lodge Annual investment income report (AIIR).
Departing Australia Superannuation Payments Annual Report
Lodge Departing Australia superannuation payments (DASP) annual report.
Franking Account Tax Return
Lodge Franking account tax return when both the:
- return is a disclosure only (no amount payable)
- taxpayer is a 30 June balancer.
PAYG Withholding Annual Report No ABN Withholding
Lodge PAYG withholding annual report no ABN withholding (NAT 3448).
PAYG Withholding From Interest, Dividend and Royalty Payments Paid to Non-residents
Lodge PAYG withholding from interest, dividend and royalty payments paid to non-residents – annual report (NAT 7187). This report advises amounts withheld from payments to foreign residents for:
- interest and unfranked dividend payments that are not reported on an Annual investment income report (AIIR)
- royalty payments.
PAYG Withholding Annual Report – Payments to Foreign Residents
Lodge PAYG withholding annual report – payments to foreign residents (NAT 12413). This report advises amounts withheld from payments to foreign residents for:
- entertainment and sports activities
- construction and related activities
- arranging casino gaming junket activities.
Lost Members Report
Lodge lost members report for the period 1 January – 30 June 2025.
TFN Report for Closely Held Trusts
Lodge TFN report for closely held trusts for TFNs quoted to a trustee by beneficiaries in quarter 1, 2025–26.
Not-For-Profit
Lodge not-for-profit (NFP) self-review return for non-charitable NFP entities with an active Australian business number (ABN) that self-assess as income tax exempt.
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.
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% |