Tax reports and elections
The timing of completing your clients’ tax reports depends on when we receive the tax information from the product issuers. We need to receive and process all fund components for an account before we can issue the tax report.
The first tranche of client tax reports is generally available by the end of July, with subsequent tranches becoming available in the following months.
Expected completion times
To help you manage your clients’ expectations around the availability of their tax reports, you can view last year’s Product Issuer Schedule. This will give you an indication of when we expect to receive the tax components from the funds. Please note, these timeframes are subject to change in the FY25/26 period.
The below key will help you navigate the schedule:
- Outstanding – We haven’t received fund tax reports yet. If the fund hasn’t provided information by the expected date, we’ll follow up regularly. We’ll also update the Product Issuer Schedule if we’re informed by the fund manager of any material changes to the expected date.
- Received – We’re processing fund tax reports and are reconciling them to individual accounts. This process generally takes around two weeks.
- Audit – To assure the accuracy of your clients’ tax reports, KPMG conducts an independent audit to ensure the reports remain consistent with the assumptions and principles outlined in the tax guide. They’re also responsible for confirming that the information reported is consistent with the information we have on file. This process generally takes around one week.
- Finalised – All tax components for this fund have been finalised. The finalisation process generally takes around one week.
How will you know when your client’s tax report is ready?
Please view Understanding EOFY reporting in Help Centre for information.
How will your client know when their tax report is available?
We’ll email your client as soon as their tax report is available online. Please ensure their email address is up to date. View Updating client details in our Help Centre.
Your clients can also update their email address online any time by logging in to their account via the Digital banking website or mobile app. If your client’s account is closed, we’ll post their tax report to their postal address on file.
Annual CGT and advice fee election window for IDPS accounts
The window to made changes to CGT cost base election and advice fee election will be open from Thursday, 7 May 2026 to Friday, 3 July 2026.
Please view Understanding EOFY reporting in our Help Centre for information.