Latest ATO News and Alerts

1. Activity statement financial processing - one system for all tax accounts

   Activity Statement Financial Processing (ASFP) will move the majority of taxpayer financial information into a single accounting system with multiple accounts. Find out how it impacts you.

2. Implementing super reforms - from then to now

   Presentation to the Association of Superannuation Funds of Australia (ASFA) 2019 National Conference, National Risk and Compliance Discussion Group - Regulator’s Panel, 14 November 2019 - James O’Halloran, Deputy Commissioner, Superannuation and Employer Obligations, ATO.

3. Lost and unclaimed super by postcode

   The following data provides a breakdown of the lost and unclaimed super by location as at 30 June 2019.

4. Small business CGT concessions - shares and trust interests

   There are additional conditions to access small business CGT concessions for shares in a company or interests in a trust.

5. Super processing schedules: December 2019 and January 2020

   ATO superannuation remittance and recovery processing schedules for December 2019 and January 2020.

6. The race is on to find $20.8 billion in super

   New ATO data shows that there is over $20.8 billion in lost and unclaimed super across Australia.

7. Victorian building developer digs hole for himself over GST fraud

   A 48 year old building developer from North-East Melbourne was today sentenced in the County Court of Victoria to three years in jail for tax fraud.

8. ATO-held super

   ATO-held super includes amounts paid to us by employers, super funds, retirement savings accounts or the government on your behalf that needs to go into your super.

9. Bushfires November 2019

   If you have been affected by the bushfires in New South Wales and Queensland, find out about the support available to you.

10. Current SMS and email activities

    We use SMS and emails for promotional and informational purposes. If you receive an SMS or email claiming to be from us, you can check our list of current activities to verify that it's genuine.

11. Early access to your super

    There are very limited circumstances when you can access your super early and are mainly related to specific medical conditions or severe financial hardship.

12. Open consultation

    You can participate in our open consultation. We encourage you to have your say.

13. September 2019 ATO impersonation scam report

    The September 2019 ATO impersonation scam report provides a snapshot of the scam intelligence we received and the mitigation strategies we employed this month.

14. Carbon sink forests

    Claiming a deduction for the expenses of establishing a carbon sink forest.

15. Due date for transfer balance cap correspondence before the Christmas period

    Transfer balance cap correspondence issuing with a due date during the Christmas/New Year period.