Tax and EOFY toolkit
A range of resources to support you
Tax elections for the 2017/2018 tax reports are now closed.
What are tax elections?
Online tax elections let you customise each of your clients' tax reports to suit their individual needs. Learn more about the tax election process and tax report release in our tax elections flyer.
Current tax elections
Unless you make elections for this tax reporting year, our default elections will apply. You can read about our default elections and other key information in our tax elections flyer.
Making elections for your clients
From adviser view:
- for capital gains elections follow the path: Administration > Investment > Enter or maintain a CGT cost base method
Some more information on complex security holders and non-residents
While we do our best to distribute client Tax Reports as soon as possible, there are certain securities that can delay the process. If any of your clients hold one or more of the following securities, they can expect to receive their Tax Report between October and December:
- listed trusts
- international property trusts
- hedge funds
- geared investments
- instalment warrants.
Clients listed as non-residents for tax purposes are also expected to receive their Tax Report between October and December. We will advise you of any changes to this timeframe.
Non-residents and complex securities holders listed above may need to lodge their tax return through a tax agent to avoid any penalties that may apply if they do not lodge their return with the Australian Tax Office before 30 October 2018.