Australia/New Zealand

June 2026 Australia - Forms

This document outlines the final content changes included in this release. We recommend reviewing these changes to assess any potential impact on your existing data and business processes.
For any questions or further assistance regarding the Release Notes, please do not hesitate to contact Support ANZ:
These release notes should be read in their entirety, as they specify actions required during the upgrade process.

Target based import files

Target-based import files have been updated to reflect the 2026 ATO form changes.
To obtain the latest files, contact Support ANZ.

Known ATO issues

This section outlines the current known issues related to ATO electronic filing.
note
In some instances, the instructions provided on the ATO website may differ from the official electronic filing rulings.
Description
Raised
Solution available
'CMN.ATO.GEN.DUPLICATE ENTRY' Error When Lodging Company Tax Returns (CTR) with Substituted Accounting Period (SAP) — TOFA
Customers lodging Company Tax Returns (CTR) with a Substituted Accounting Period (SAP) may receive the following error message upon lodgement:
'CMN.ATO.GEN.DUPLICATE ENTRY'
Resolution Steps:
  1. Remove the ABN from the return and attempt to lodge again.
  2. If the error persists after relodging, contact the Thomson Reuters Support Team, who will raise a case with the ATO on your behalf.
2022
N/A
International Dealings Schedule: Discrepancy Between ATO Online Instructions and electronic filing Rules
When completing the International Dealings Schedule, please be aware of a known discrepancy between the order presented in the ATO's electronic filing rules and the instructions published online by the ATO.
Specifically, Appendix 10 on the ATO website outlines a sequence that differs from the official order used for electronic filing purposes. This inconsistency has been identified and raised directly with the ATO.
Customers should refer to the electronic filing rules as the authoritative source until the ATO resolves this discrepancy.
2025
Awaiting ATO solution

Additional information

Additional information is now available on the Alerts and Notifications page. Refer to the following to stay informed about known issues, recent fixes, and trending topics:

Major updates

Roll forward of details for future years

A new
Roll forward details to next period:
 option is now available for:
  • Trust – statement of distribution {RB1},
  • Dividend and interest schedule {RM}
  • Rental schedule {RS}
How to enable it:
 To roll forward details from the 2026 template to a future year, go to the
Preliminary information {S1}
workpaper and set this option to
Yes
.
Details that roll forward:
 In future years, the following details will roll forward:
Trust – statement of distribution {RB1}
  • Tax file number {TFN}
  • Entity code
  • Title
  • Surname of family name
  • First given name
  • Other given name
  • Non-individual name
  • Address
  • Suburb/town
  • State/territory
  • Country (if not Australia)
  • Post Code
  • Date of birth
Dividend and interest schedule {RM}
  • Investor type
  • TFN – if quoted
  • ABN – if quoted
  • First name
  • First given name
  • Date of birth
  • Employment position
  • Organisation name
  • Adress
  • Suburb or town
  • Postcode
  • State
  • Country – if not Australia
Rental Schedule {RS}
  • Address
  • Suburb
  • State
  • Postcode
  • Date property first earned rental income
  • Number of weeks property was rented this year
  • Number of weeks property was available for rent this year
  • What is the entity’s % ownership of the property
  • Date property was purchased
  • Purchase price of property
In the
Rental Schedule {RS},
 if the property in the first column is sold, a blank column will appear in the future-period calculation and must be deleted manually. If a property in any other column is sold, that column will not roll forward.
important
Roll-forward shouldn't be used in combination with
Target Based import
. If you're using target-based import in future periods, ensure these settings remain set to
No
.

Trust Tax Return – Statement of Distribution {RB1}

Overview
The
Trust – statement of distribution {RB1}
 workpaper will move from a column-based layout to a row-based format. This change supports upcoming ATO requirements for 2026 and 2027 and prepares the workpaper for an increase in the beneficiary limit from 200 to unlimited in 2027.
note
The existing workpaper cannot be upgraded as part of this process. Updated Target Based import documentation is available upon request.
Beneficiary limit – 2026 Templates
You can add more than 200 beneficiaries in the 2026 Templates; however, please be aware that only the first 200 beneficiaries will be included in electronic filing. A validation message will appear when the 200 beneficiary limit is reached.
Working with the RB1 workpaper
The
Trust – statement of distribution {RB1}
 workpaper is the primary workpaper for manual updates, imports, and validation review.
  • It is recommended
    not
    to print to PDF.
  • The workpaper
    can
     be saved to Excel.
Reporting updates
As a result of the changes to
Trust – statement of distribution {RB1}
, two reports are now available. The report labelled
2025
 should only be used with the
Trust – statement of distribution {RB1}
 workpaper in the
2025 templates
.
  • ATO forms – Australia – Trust – statement of distribution 2025
  • ATO forms – Australia – Trust – statement of distribution
Printing beneficiary details workpapers
The {RB1} workpaper is not intended for printing. Use the dedicated print workpapers below instead:
  • Trust - beneficiary statements {RB2} for
     printing of individual beneficiary details.
  • Trust – income to which no beneficiary is presently entitled {RB3}
     for printing of Income to which no beneficiary is presently entitled and in which no beneficiary has an indefeasible vested interest, and the trustee’s share of credit for tax deducted.
note
To review an individual beneficiary within the calculation, open the workpaper and select the beneficiary from the drop-down list at the top
Print options - All or current beneficiaries
  • All Beneficiaries
    - Prints all beneficiaries listed in Trust – Statement of Distribution {RB1} into a single file, with each beneficiary on a separate page. This is the default selection.
  • Current Beneficiary
    - Prints only the beneficiary currently selected in the workpaper.
Question 29 – Overseas transactions – record keeping workpaper
The
Trust - Non resident beneficiaries details (record keeping) {RB4}
 workpaper is for record-keeping purposes for
Question 29 – Overseas transactions
. From the 2026 year, it has changed from an Other attachment to a record-keeping workpaper. See the ATO online instructions for further details.

AU back-up workpaper updates

Company Tax Return {RA}
Updates have been implemented to the backup workpapers for Questions 6, 7, and 8 to improve their usability and ensure accuracy in reporting.
The following sections outline the enhancements made and provide guidance for completion.
RA1 Form C Q6 – Calculation of Total Profit and Loss {RA1}
Within this section, users can add rows as needed and select a Form C label from the provided dropdown menu. For each entry, include a description and the corresponding amount. Amounts are automatically calculated based on the label selected and will be reflected in the overall Company Tax Return.
It is important to note that for certain labels, if the reported amount is negative, you must manually update the Loss box in the Company Tax Return. A warning is in place to serve as a reminder for this action. The relevant labels are:
  • Income – Gross distribution from partnerships – Label D
  • Income – Other gross income – Label R
  • Expenses – Cost of Sales – Label A
All entered amounts will automatically roll forward to the following year for comparison purposes.
Income Section
If a more detailed breakdown is required, you can insert the supporting workpaper
Income – supporting {GA}
.
Expense Section
For a better breakdown of specific expense line items, you may insert the supporting workpaper
Expense – supporting {GB}
.
Form C Q7 – Reconciliation to Taxable Income or Loss {RA2}
This section allows you to insert additional rows, select the appropriate Form C label from the dropdown, and input both the description and amount. Calculations are automated based on the selected label, and the results are reflected in the Company Tax Return.
All information will roll forward to the next fiscal year for comparison.
To provide further detail for specific adjustments, you may insert the workpaper
STI add or subtract adjustments {GF}
 as necessary.
Form C Q8 – Financial and Other Information {RB3}
In this section, users can add rows, select the appropriate Form C label from the dropdown, and provide description and amount for each entry. Calculations are handled automatically based on the chosen label and will be reflected in the Company Tax Return.
Like the other sections, all figures will roll forward to the subsequent year for comparison.
Restrictions on Manual Updates
Once these workpapers are inserted, manual updates to the Company Tax Return Questions and Labels are no longer permitted. Please ensure all information is entered correctly before finalizing your entries.

Trust Tax Return {RB} - Enhancement - Statement of Taxable Income - Trust (G100) backup workpaper updates

Updates have been implemented to the
Statement of taxable income – Trust {G100}
backup workpaper for Questions 5, 8, 9, 10, 11, 12, 13, 16, 17, 21, 22, 23,25, 31 to improve usability and ensure accuracy in reporting.
Statement of taxable income – Trust {G100}
How to complete the workpaper
Within this section, users can add rows as needed and select a Form T label from the provided dropdown menu. For each entry, include a description and the corresponding amount. Amounts are automatically calculated based on the label selected and will be reflected in the overall Trust Tax Return.
Important – negative amount warning
For certain labels, if the reported amount is negative, you must manually update the Loss box in the Trust Tax Return. A warning is in place to serve as a reminder for this action. The relevant labels are:
Question 5
  • Income – Other business income – Label G
  • Income – Other business income – Label H
  • Expense – Cost of sales
  • Reconciliation items - ADD: Income reconciliation adjustments
  • Reconciliation items - ADD: Expense reconciliation adjustments
Question 8
  • Distribution from partnerships – Label A
  • Share of net income from trust – Label Z
  • Distribution from partnerships, less foreign income – Label B
  • Share of net income from trusts, less capital gains, foreign income and franked distributions – Label R
Question 23
  • Net – Label V
Restrictions on Manual Updates
Once these workpapers are inserted, manual updates to the Trust Tax Return Questions and Labels are no longer permitted. Please ensure all information is entered correctly before finalizing your entries.

Yes/No/Blank options for non-mandatory fields

We have introduced
Yes/No/Blank
 options to Forms workpapers for non-mandatory questions, providing greater flexibility in how information is recorded.
important
Due to the nature of these updates, affected fields will require re-entry after the upgrade. Please review the table below for all affected fields.
Form/Schedule
Label
Question
Re-entry required
Company tax return {RA
3 F1
Small business entity?
Yes - Preliminary information {S1}
Company tax return {RA
3 F2
Base rate entity?
Yes - Preliminary information {S1}
Company tax return {RA
3 G1
Significant global entity?
Yes - Preliminary information {S1}
Company tax return {RA
3 G2
Country-by-country reporting entity?
Yes - Preliminary information {S1}
Question 5 Labels A and B will repopulate once G2 selected
Company tax return {RA}
3 Z1
Consolidated head company
Yes – new field added to Preliminary information {S1}
Company tax return {RA}
3 Z2
Consolidated subsidiary member
Yes – new field added to Preliminary information {S1}
Company tax return {RA
7 M
Have you applied an exemption or rollover code?
Yes
Company tax return {RA
8
Trading stock election
Yes
Trust tax return {RB}
MIT
Is the trust a withholding MIT?
Yes
Trust tax return {RB}
MIT
Is the trust a stapled MIT?
Yes
Trust tax return {RB}
2 Z2
Consolidated subsidiary member?
Yes – new field added to Preliminary information {S1}
Trust tax return {RB}
2 G1
Significant global entity?
Yes - Preliminary information {S1}
Trust tax return {RB}
2 G2
Country-by-country reporting entity?
Yes - Preliminary information {S1}
Trust tax return {RB}
21 M
Have you applied an exemption or rollover code?
Yes
Trust tax return {RB}
48
Trading stock election
Yes
Trust tax return {RB}
50 C
Have you self-assessed the effective life of any of these assets?
Yes
Trust tax return {RB}
50 D
Did you recalculate the effective life for any of your assets this income year
Yes
AMIT tax return {RC}
N/A
Significant global entity?
Yes - Preliminary information {S1}
AMIT tax return {RC}
N/A
Country-by-country reporting entity?
Yes - Preliminary information {S1}
Partnership tax return {RE}
2 Z2
Consolidated subsidiary member?
Yes – new field added to Preliminary information {S1}
Partnership tax return {RE}
2 G1
Significant global entity?
Yes - Preliminary information {S1}
Partnership tax return {RE}
2 G2
Country-by-country reporting entity?
Yes - Preliminary information {S1}
Partnership tax return {RE}
29 O
Were the thin capitalisation or debt deduction creation rules applicable to you?
Yes
Partnership tax return {RE}
30 C
Did you satisfy the results test in respect of any individual?
Yes
Partnership tax return {RE}
30 D
Do you hold a personal services business (PSB) determined in respect of any individual?
Yes
Partnership tax return {RE}
47
Trading stock election?
Yes
Partnership tax return {RE}
49 C
Have you recalculated the effective life for any of your assets this income year?
Yes
Partnership tax return {RE}
49 D
Did you recalculate the effective life for any of your assets this income year?
Yes
Fund tax return {RF}
8 N1
Significant global entity?
Yes - Preliminary information {S1}
Fund tax return {RF}
8 N2
Country-by-country reporting entity?
Yes - Preliminary information {S1}
Fund Tax Return {RF}
10 M
Have you applied an exemption or rollover code?
Yes
Fund tax return {RF}
18 A
Actuary certificate for exempt current pension income (s.295-385 or 295-390)
Yes
Fund tax return {RF}
4 K
Do current year loss provisions apply?
Yes
Losses schedule {RJ}
Part C L
Has the changeover time occurred in relation to the company after 1.00pm on 11 November 1999?
Yes
Losses schedule {RJ}
Part C M
At the changeover time did the company satisfy the maximum net asset value test under section 152-15 of ITAA 1997?
Yes
Losses schedule {RJ}
Part C N
If you printed X in the No box at M, has the company determined it had an unrealised net loss at the changeover time?
Yes
Capital gain tax schedule {RK}
7 A
Are you a party to an earnout arrangement
No
Consolidated group losses schedule {RO}
11
The apportionment rules field now has a formula that only displays Yes/No when Question 4 or 9 is completed.
Yes

Updates – AU Manual forms

Workpaper
Change
Company tax return {RA}
The formula for Question 7 Label G Did you have a CGT event during the year? has been updated.
Previously this label would default to "Yes" if the
Capital gains tax schedule {RK}
 was not inserted. This has now been corrected to default to "No".
Target Based Import file has been updated to include Question 7 label G.
important
Review after upgrading. If this label was previously set to "Yes" it will have defaulted to "No" following the upgrade and may require manual updating.
Trust tax return {RB}
The link from
Trust Tax Return {RB}
 to
Trust – statement of distribution {RB1}
 on Question 58 has been removed.
This resolves the issue where "1" was incorrectly appearing on the printed output of Question 58.
Trust tax return {RB}
Question 21 Label B, Did you have a CGT event during the year?, has been updated. Previously, this label would incorrectly default to "Yes" when the Capital gains tax schedule {RK} was not inserted. This has now been corrected to default to "No".
The
Target Based Import
 file has been updated to include Question 21 Label B.
important
If Question 21 Label B was previously set to "Yes", it will have defaulted to "No" following the upgrade. It is strongly recommended that you review all applicable returns after upgrading to confirm the correct response is selected and manually update where required.
Trust tax return {RB}
The validation rule for Non-individual and family name details are both present has been updated to ensure it only triggers under the correct conditions.
This resolves the issue where the validation message was incorrectly displaying when it shouldn't.
AMIT tax return {RC}
Import file and import tag updated to allow for import for Question 6 label B Were the thin capitalisation or debt deduction creation rules applicable to you?
AMIT schedule {RD}
Previously when
AMIT tax return {RC}
 and
AMIT schedule {RD}
 were inserted and the
AMIT tax return {RC}
 was subsequently deleted, the associated workpaper name would incorrectly drop off. This has been resolved. The workpaper name will now be retained as expected, regardless of whether the AMIT Tax Return is deleted after insertion.
Partnership tax return {RE}
Two new reports have been created to extract data from the Partnership Tax Return workpapers:
  • ATO forms - Australia Partnership tax return
  • ATO forms - Australia - Partnership - statement of distribution
Partnership - statement of distribution {RE1}
The validation formula for Question 50 label G must equal sum of all partner income at Question 53 label J" has been updated. Previously, this validation was incorrectly displaying in certain scenarios.
Fund income tax return {RF}
The formula for Question 10 Label G - Did you have a CGT event during the year? has been updated.
Previously, this label would default to "Yes" if the Capital gains tax schedule {RK} was not inserted. This has now been corrected to default to "No."
The Target Based Import file has also been updated to include Question 10 Label G.
Important — Action Required Upon Upgrade
: Review Question 10 Label G after upgrading. If this label was previously set to "Yes," it will have defaulted to "No" following the upgrade and may require manual updating.
Fund income tax return {RF}
A new reporting
ATO forms - Australia Fund income return
 has been created to extract data from the Fund income tax return 2026 {RF} workpaper.
International dealings schedule - Section B and C - Questions 19 to 29 {RG2}
The behavior of Question 20 — Are you subject to the Taxation of Financial Arrangements rules contained in Division 230 of the ITAA 1997? has been updated. When "No" is selected for Label A, Labels B through G will now automatically default to blank.
Important — Action Required Upon Upgrade
  • If Label A was previously set to "Yes" prior to upgrading, please reselect "Yes" as the value may have reverted to "No" following the upgrade.
  • If Label A was set to "Yes" and any of Labels B through G were also set to "Yes," but you now wish to change Label A to "No," please contact the Support team for assistance with updating Labels B through G to blank.
International dealings schedule - Section D - Q30 to Q39 {RG3}
Formulas have been added to the following labels:
  • Question 35a Label E - Tax EBITA Q35a Label A
    Modified taxable income or loss +
    Q35a Label B - Net debt deductions +
    Q35a Label C - Modified depreciation and forestry costs +
    Q35a Label D - Excess tax EBITDA amount
    If this is a negative amount, it will be zero.
  • Question 35a Label F - Fixed ratio earnings limit
    Q35a Label E - Tax EBITDA *0.30
  • Question 35b Label H - GR group EBITDA
    Q35b Label E - GR group net profit (disregarding tax expenses) +
    Q35b Label F - GR group adjusted net third party interest expense +
    Q35b Label G - GR group depreciation and amortisation expenses
    If this is a negative amount, it will be zero.
  • Question 35b Label J - Group ratio earnings limit
    Q35b Label I - Group ratio *
    Q35a Label E - GR group net profit (disregarding tax expenses)
The following labels have been removed from the import file:
  • Q35a label E, F
  • Q35b label H, J
International dealings schedule - Section H - Q52 to Q58 {RG5}
Target based import file and tag have been updated to allow importing of Question 52a Were the debt deduction creation rules applicable to you?
Capital gains tax schedule {RK}
Previously, the
Multi-Class Attribution Managed Investment Trust (AMIT)
 section was appearing at the bottom of the
Capital gains tax schedule {RK}
. This was inconsistent with prior years, where it appeared immediately after the Other CGT information required (if applicable) section.
This has been resolved. The
Multi-Class AMIT
 section will now correctly appear after the Other CGT information required (if applicable) section, in line with the expected layout. This applies to the following fields:
  • Total capital gains from transfers to other classes
  • Total capital losses from transfers to other classes
Reportable tax position schedule {RP}
The schedule has been updated to support early lodgment by updating the RPT number to reflect the tax year of the dataset.
Rental schedule {RS}
An new option Display total and variance columns has been added to the
Rental schedule {RS}
. When enabled, this option will show or hide the following columns:
  1. Total per workpapers
  2. Variance
  3. Total
Note the option Display total and variance columns will only be displayed on screen and will not form part of the printing.
Electronic lodgment declaration {RX}
Bank details will now flow through from
Preliminary information {S1}
 when
AMIT schedule {RC}
 is inserted
Electronic lodgment declaration {RX}
Public officer's name will now flow from
Preliminary information {S1}
 when
Fund income tax return {RF}
 is inserted
Other attachments {RW}
A new workpaper has been added for the printing of the Other attachment details, please insert this workpaper if you have selected Do you need to supply the ATO with any additional information? in
Preliminary information {PI}
.

This article applies to:

  • Product: ONESOURCE Corporate Tax