Tax 2026.0a (Australia)

• GDP adjustment for GST and PAYG updated to 1 April 2026 rate.

• Business industry descriptions updated as per ATO’s list.

Upgrade to this version to ensure the EFT Reconciliations report continues to work following an upcoming technical change

Rental property dissection grid rollover: We’ve fixed an issue where the dissection grid was not rolling over from 2025 to 2026.

• Reintroduction of Early stage offset for non-managed funds: The ATO has reintroduced the Early stage offset for Non-managed funds.

• HELP repayment estimate: We’ve fixed an issue where a 2025 individual tax estimate is no longer calculating the compulsory HELP repayment for a resident taxpayer whose repayment income is above the 2024–25 minimum threshold.

• Trust tax estimate for deceased estates: We’ve fixed an issue where the Trust Tax Estimate didn’t include the assessable balancing adjustment for deceased estates when the amount was integrated into Other income item 14: Assessable balancing adjustment.

• PDF format of ELD: We’ve fixed an issue where you couldn’t generate the Electronic Lodgment Declaration (ELD) in PDF format. This happened when Print ELD in PDF format was selected and No PDFs were found to process error appeared.

• TFN report (TD) decommissioned: The ATO has decommissioned the TFN report (TD) schedule and no new lodgments will be accepted from 1 October 2026.
  From 2027, beneficiary TFN reporting for closely held trusts will be completed through the Statement of Distribution.

• Beneficiary entity code rollover: We’ve fixed an issue where the beneficiary entity code was not rolling from 2025 to 2026.

• Assessable government industry payments incorrect included: We’ve fixed an issue where Assessable government industry payments from schedules B and C were incorrectly included at Item 18.

• Incorrect integration at Item 59: Amounts from schedule C were also incorrectly populating Item 59 label Y: Amount of capital gains on which the trustee has chosen to be assessed on behalf of beneficiaries.

V71 validation for Korea country selections: We’ve fixed an issue in Company return 2025 where validation error V71 appeared when Korea, Republic of (South Korea) or Korea, Democratic People’s Republic of (North Korea) was selected in the Overseas Country field.

Assessable government industry payments incorrect included: We’ve fixed an issue where Assessable government industry payments from schedules B and C were incorrectly included at Item 18.

• TRT:442289 : We’ve implemented a validation rule if the date of birth is missing in the beneficiary details if the Assessment calculation 30 is selected.

• CMN.ATO.GEN.000416: This rejection occurred when there was a leading space in the Entity name or surname. This is now fixed.

• CMN.ATO.GEN.XML04: We’ve implemented a validation error if the agent contact name name missing on the Front cover.

• IITR.411193: We’ve implemented the validation rule to spouse-related Private Health Insurance (PHI) tax claim codes are only used when a spouse relationship has been confirmed for the relevant income year.

• XML01/XML03 - Taxable Payments - IncomeGrossA missing: We’ve fixed this issue where there are null taxable payments gross amounts and will no longer result in an ATO rejection.

Error when deactivating an employee: We’ve fixed an error that was happening when deactivating an employee in AE/AO. This happened when the user didn’t exist in Practice Compliance, or sometimes when the email address included uppercase letters.