If you’re getting tax help through an accountant or tax agent (like us), there’s an important deadline coming up: 31 October. The ATO requires that new clients for individual tax filing be added to your accountant’s client list by that date so they can be included in the lodgment program and receive the correct due dates.
Here’s what that means for you and how D&B Accountants will make sure everything is set up properly. (Australian Taxation Office)
Why the 31 October Deadline Matters
- If you engage us as your tax agent after 31 October, your personal tax return may not be eligible for the extended lodgment dates that registered tax agents
- You may lose out on the benefits of agent lodgment (extra time, smoother deadlines).
- Also, being on the list in time ensures you get correct due dates for your lodgments without confusion.
What You Should Do
- Choose your tax agent by 31 October: If you want us to handle your personal tax return, make sure our firm is your registered tax agent before the deadline.
- Provide your details early: We’ll need your information, income, expenses, and documents so we can register you properly.
- Check for outstanding returns or debts: To qualify for the extended program, all prior year tax returns should be up to date, with no unresolved ATO debts.
What D&B Accountants Will Do for You
As your appointed tax agent, we will:
- Add you to our client list before the deadline, so you qualify for the lodgment program.
- Prepare your return on the correct timeline, with all the benefits of using a tax agent.
- Monitor any changes to due dates and ensure you’re kept informed.
- Help you resolve any outstanding issues promptly.
Final Thought
Meeting the 31 October cutoff is a small but crucial step in ensuring your tax affairs are handled properly. As your accountants, we’ll take care of the registration and deadlines for you.
If you haven’t already confirmed us as your tax agent, let us know today. We’ll make sure you’re set up in time.