If your clients are professional firms, or get income from professional firms, help them meet their lodgment obligations, including statements of distribution.
If your client has a child support case, they must lodge a tax return or complete a non-lodgment advice every year. Services Australia uses the income reported on your clients tax return to work out how much child support they pay or receive. It’s important they lodge their tax return as soon as possible to make sure they’re paying or receiving the right amount. If they don’t, they may get a debt or overpayment.
If you have clients who receive Family Tax Benefit (FTB) or Child Care Subsidy (CCS), they and their partner must lodge their 2022–23 tax returns by 30 June.
If they don’t lodge by the deadline, Services Australia may require them to repay any money they received during the 2022–23 financial year. They may also miss out on any top-up payments that Services Australia pay after their payment is balanced.
From 1 July, there’ll be changes to the way you report and submit trust tax returns.
The ATO announces its priorities for Tax Time 2024.