August 2025 Australia
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.
If you have questions or need further assistance regarding the release notes, contact Support ANZ:
- Phone: 1-800-074-333
Content Set | Version |
|---|---|
AU Company Tax 2025 | 2.176 |
AU Consolidated Company Tax 2025 | 2.105 |
AU Manual Forms 2025 | 2.439 |
Known ATO issues
This section outlines the current known issues related to ATO Efiling. Note that, in some instances, the instructions provided on the ATO website may differ from the official Efiling rulings.
Description | Raised | Solution available |
|---|---|---|
Error message ‘CMN.ATO.GEN.DUPLICATE ENTRY’ received when lodging company tax returns (CTR) with substituted accounting period (SAP). TOFA If you receive this error, remove the ABN from the return and attempt to lodge again. If you have attempted to relodge and still receive the error, contact the Thomson Reuters Support Team who will ensure that a case is lodged with the ATO. | 2022 | N/A |
Validation received CMN.ATO.PTR.434000 “International Dealings Schedule is not required” A lodgment deferral can be requested from the ATO. | Q2 25 | RESOLVED |
Error message “Fault from agency” received when lodging Partnership Tax Return with International dealings schedule. | Q2 25 | RESOLVED |
Additional information
This section provides important information to help you get the most out of the latest release. Here, you’ll find helpful tips, details on any additional steps you may need to take after upgrading, and a list of known issues that may affect your experience. We recommend reviewing this section carefully to ensure a smooth transition.
Validation | Alert | Description | |
|---|---|---|---|
All Printing | When changes are made to page breaks on upgrade it won’t clear previous page breaks, to ensure to Printing correctly, use “Reset all Page Breaks” on the impacted sheets. Page breaks for Rows and Columns can also be removed and added to deliver the desired printing results. You can also Clear all page breaks at once.  | NA | NA |
Capital losses {A5} | Consolidation adjustments made in the prior period block won’t consolidate between groups. Workaround: Manually re-enter the adjustments at the ultimate group. | Q3 24 | Q3/4 25 |
Borrowing costs {BG} Business related costs {BH} (Company Tax) | Deduction calculation is based on the number of years, rather than the exact number of days Workaround: manually convert the formula in the write-off period column from the number of years into days. Alternatively, use the adjustment column. | Q4 24 | Q3 25 |
Investments – wholly owned subsidiaries {BL} (Company Tax) | There is a Tax Value block that is not required. DO NOT use this block, it will be removed in the next release. If you need to enter Tax Values, use -Investments current {BK} or Investments non-current {BM}. | Q3 25 | Q3 25 |
Provisions – employee entitlements {BR} Provisions – other {BS} (Company Tax) | Should only be used for balance sheet line items for Provisions current/non-current, however these are available to be inserted on other balance sheet line items. This is causing a duplicate row in the consol calc for the STI adjustments. | Q2 25 | Q3/4 25 |
Sundry DTA/DTL {BV } (Company Tax) | An update has been named to 2.141 and above to resolve the previous issue where closing balance data from the trial balance were not flowing through to the Sundry DTA/DTL {BV} workpaper. To ensure closing balances are mapped and displayed correctly, follow these steps: Check account mappings for any line items using the Sundry DTA/DTL {BV} worksheet (such as “other current assets”).
The following steps may be required:
| Q2 25 | NA |
TOFA losses {BW} Sundry DTL {BV2} (Company Tax) | On roll-forward from Classic to NextGen, opening balances need to be corrected manually due to signage discrepancies between Classic and NextGen. Follow the instructions in each workpaper. TOFA losses {BW} – values need to be entered as positives including losses. Sundy DTL {BV} – values need to be entered with natural signage. I.e., Credit for liabilities | Q4 24 | NA |
Balance sheet audit trail {F3} Income statement audit trail {F4} (Company Tax) | Lines are doubling up when both OCT and OTP are used. Workaround: Don’t enter amounts in the balance sheet and income statement when using OTP. | Q2 25 | Q3 25 |
Company Tax Return {RA} | On Question 5 Label A, the cell may remain blank on upgrade when it should be displaying a Yes/No selection. Reset to system cell, if you are unable to complete then contact the support team. | Q2 25 | NA |
Company Tax Return {RA} | When you have selected “Yes” at Question 7M – “Have you applied an exemption or rollover code”, you will need to select the row directly underneath and go to Insert – Insert Row. | Q3 25 | TBC |
CMN.ATO.IDS.440863 | The Debt deduction creation rules choice (Code) to be '3'. | If there is a TRUE response to Q30c Label A -'90% asset threshold' and a FALSE response to Q52 Label A - 'Were the debt deduction creation rules applicable to you?' then Q52 Label B - 'Debt deduction creation rules choice (Code)' need to be '3'. | |
CMN.ATO.IDS.440865 | The responses to the following are not required:
| If there is a TRUE response to 'Were the thin capitalisation rules applicable to you?', then the following need not to be completed:
| |
CMN.ATO.IDS.440870 | At least a TRUE response is required at either '90% asset threshold' or 'Certain special purpose entities', or 'You were an Australian resident entity that is not an inward or outward investing entity and it is exempted from the thin capitalisation rules.' | If there are FALSE responses to
And
then at least one TRUE response is expected for:
|
AU Company Tax, AU Consolidated Company Tax and AU Manual Forms updates
Content Set | Version |
|---|---|
Business related costs {RFC} (Company Tax) | (Affecting current migration calculations): A new 'display tax only items' cell was introduced in version 2.141 to indicate whether this function was used in the prior year's business-related costs sheet in Classic. The cell has been moved to column D and it is now a select tick option, review after upgrade. |
PAYG Instalments {A24} (Consolidated Company Tax) | Amounts paid in subsequent period has been updated to ensure sub-group amounts are correctly consolidating to the Group above. |
Fixed Asset – Tax summary {C3} (Company Tax) | The formula for label 9E has been updated to exclude the closing balance of capital work in progress. Previously it was excluding the addition column. |
Fixed Asset – Tax summary {C3} Fixed Assets – TEA Proof {C4} (Company Tax) | Both of these sheets have had formulas updated to ensure no blank cells appear if the workpaper is not loaded. |
Fixed Assets - Accounting {CA1- CA5 and C2} (Company Tax) | There were duplicate line items for Trial balance data rolling forward in the Fixed assets workpapers. These were showing as a variance in Fixed assets – accounting – summary {C2}. These sheets have been updated to remove the duplicates. Fixed assets – accounting – summary {C2} now has a toggle - Display manual closing balance per GL. For Trial balance data to update, the Trial balance import will need to be rerun. |
Fixed assets – tangible – mining & exploration {CA3} | A new Trial balance target has been added for Rehabilitation. The target will appear in the mapping file after upgrade. Accounts can now be mapped to this target so they appear in the control totals. Once you map to the target and apply the map or re-run the TB the amounts will appear in the category mapping block. |
Exploration expenses {DF} (Company Tax) | This has been updated to correct a duplication of the deduction in Current tax expense {T1} for the capitalised expenditure/immediate tax deduction. |
Company Tax Return {RA} {Manual forms} | Total revenue and capital losses carried forward in Losses schedule {RJ} now link to Company Tax Return {RA} Q13. |
Trust Tax Return {RB} {Manual forms} | Updated formatting for contact information, Area code, and telephone number |
Current Tax {T1} (Company Tax) | A new toggle has been added to drive the display of current tax payable/(refund). Row will be hidden by default. |
Temporary difference analysis {T2X} (Company Tax) | Unrecognised-carried forward cell has been protected for 'investments - wholly owned subsidiaries non-current' and 'intangibles - internally generated goodwill' to stop values from being entered as they have no data flow impact. |
NextGen to NextGen Roll forward - Additional information
This section outlines the key steps required to complete the roll-forward process.
Review these instructions carefully to ensure all necessary actions are taken. Following these guidelines will help you transition smoothly and avoid potential issues. If you have any questions or encounter any challenges during the roll-forward, our support team is available to assist you.
Ensure all calculations are on the current versions for AUC and AUS
prior to
rolling forward. Some older versions of Nextgen had roll-forward issues and may not roll forward correctly. If you believe the roll-forward hasn’t worked correctly try again after completing the following steps: If calculations are on earlier versions, copy your dataset and use the Copied version to Roll-forward.
- Step 1: copy your prior period dataset and Upgrade the calculation.
- Step 2: In the Roll Forward calculation - Remove the prior period calculation source and replace with the copied and upgraded dataset.
For issues with TEA
- Step 3: Remove current period TEA – Save calculation.
- Step 4: Re-insert current period TEA, for Consolidated calculations ensure ALL TEA sub workpapers are reloaded.
- Step 5 Manage sources refresh - Refresh prior period.
Note the following items currently under investigation:
- Statement of Taxable income {A}: The prior period comparative column might not roll forward all data.
- Trading stock {BE}: Roll forward is not working when there is no tax value, has been resolved for future roll-forward years.