After 1 July 2025 taxpayers will no longer be able to claim for ATO interest charges. Note: This measure is not yet law.
Further details about the implementation of Payday Super, the Government’s reform to the superannuation guarantee system, have been announced. From 1 July 2026, employers will pay their staff superannuation guarantee at the same time as their salary and wages.
Some SMSFs will need to lodge their SMSF annual return (SAR) by 31 October 2024. Check to see if you need to lodge.
Each year you need to value your SMSFs assets and provide supporting evidence to your auditor.
If you’ve had transfer balance account events in the last quarter you must lodge a TBAR by 28 October 2024.
The ATO is expanding their use of Single Touch Payroll (STP) data to help improve super guarantee (SG) compliance. They’re building on their use of STP by matching data from super funds with the amounts reported by employers through STP. They’ll be writing to a small number of employers as part of a pilot program, reminding them of their outstanding SG obligations.
The ATO has listened to your feedback on the GIC remission application form and made some changes to improve its functionality. Download the new version of the form and delete any previous copies you’ve saved.
The ATO is reaching out to employers who may be falling behind.
myGovID will soon have a new name and new look – but you’ll continue to use it in the same way to access Online services for agents.
When the change happens, you won’t need to do anything. Your myGovID app should automatically update to myID on your device. RAM links and authorisations will not be affected.
The change to myID aims to reduce the confusion between myGovID and myGov, and reflects the additional ways you’ll be able to use your Digital ID in the future.
In certain circumstances, the general anti-avoidance rules may apply to your personal services income arrangements.