All 2026 forms are now available to be created.
ATO Updates
Click on what’s new this year for individuals and further information on the 2026 changes.
Other notable inclusions:
Taxable payment information reported by third parties to the ATO is now populated directly via ATO prefill into the Individual Tax Return.
Removal of General Interest Charges from Tax Affairs Deductions. Existing prior year returns are unaffected.
Trust Statement of Distribution has been updated with new labels to separately identify amounts attributable to managed investments.
The Reportable Tax Position (RTP) schedule has been added to Fund, Trust, AMIT, and CCIV return forms.
Known Issue: T7 and T8 Tax Offsets (ESIC/ESVCLP)
The ATO has identified an issue affecting the T7 (Early Stage Investor Tax Offset) and T8 (Early Stage Venture Capital Limited Partnership Tax Offset) fields. This issue originates from the ATO's SBR specification and is pending a fix from the ATO, expected to be delivered on 18 July 2026.
Users who need to claim a T7 or T8 offset through direct investment, or entitlement through a partnership, will be unable to lodge the return until that update has been applied. We recommend these clients hold their return and attempt lodgement following our next update. Where a claim at T7 or T8 offset is made due to a managed fund or trust distribution only, users will be able to lodge these returns without issue.
We apologise for any inconvenience caused and will communicate further once the fix has been confirmed.
Fixes and Improvements
The following updates have been included since the previous release.
Description | Reference |
Fixed Early Stage Venture Capital Limited Partnership tax offset as it was not flowing through to the beneficiary's return. | AAEP-35091 |
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