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  • Deferred expansion of the RTP Schedule

    If your clients need to complete and lodge Reportable Tax Position (RTP) Schedules with their income tax returns they will need to do so for the 2020–21 financial year onwards.

    We had initially planned this to start in the 2019–20 financial year but have deferred this with the support of the Private Groups Stewardship Group, in response to your feedback following our recent consultation.

    We are now working with industry groups and advisers from the Private Groups market to co-design the RTP Schedule for implementation in the 2020–21 financial year.

    We have published more information about the Expansion of the Reportable Tax Position Schedule to large private companies and corporate groups.

    We will continue to keep you, your clients and industry informed as we move towards 1 July 2020.

    See also:

    Last modified: 08 Oct 2019QC 60271