New web guidance about legacy retirement product commutations and reserve provisions is now available.

Find out what this means for former, current and future participants.

Changes from 7 December 2024 relax commutation restrictions for certain legacy retirement income stream products.

Small and medium business clients now have up to 4 years to request an amendment to their tax assessments for income years starting on or after 1 July 2024.

It’s time to review your client list. Find out why it’s important and how to get it right.

Find out how to calculate small business pool events under simplified depreciation rules for small business.

Find out what’s involved in completing the trustee declaration correctly and how long you need to keep it.

If your SMSF had transfer balance account events in the June quarter you must lodge a TBAR by 28 July 2025.

Register now to join the ATO’s interactive webcast for tax professionals on Thursday 19 June from 2:00 to 3:00 pm AEST. Hear about Tax Time 2025, lodgment, cyber security and more. You’ll also have the opportunity to ask their live panel questions during the event.

If you’ve lodged a deferral request and the ATO have varied or declined it and you’re dissatisfied with their decision, you can request an informal review by completing the Review of deferral decision form in Online services for agents. When submitting this form it’s important to select the correct topic and subject to ensure your request is directed appropriately.