Tax reports for your investment clients
The timing of completing your clients’ tax reports depends on when we receive the tax information from the product issuers. We need to receive all tax components for an account and process them before we can issue your 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, as we receive the information required for each investment option.
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 for each investment option. However, these timeframes may be different for the FY25/26 period.
The below key will help you navigate the schedule:
- Outstanding – We haven’t received tax reports yet. If the product issuer 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 product issuer of any material changes to the expected date.
- Received – We’re processing 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 conduct 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 investment option 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 Wrap statements and tax reports in Help Centre for more information.
How will my client know when their tax report is available?
Please ensure their email address is up to date. View the Help Centre article Update client or trustee details’ for more information about updating your client’s contact details.
Your clients can also update their email address online anytime by contacting us.
If your client’s account is closed, we’ll post their tax report to the postal address on file.
Tax elections
Tax elections allow you to customise each of your clients' tax reports to suit their individual needs, helping you manage capital gains and the tax treatment of adviser fees. Elections for FY25/26 are open between Thursday 7 May 2026 and Friday 3 July 2026. You can only make elections or changes to elections during this window.
Changing your client’s tax election status
Please view Wrap statements and tax reports for information.
Any changes made to cost base elections will apply to disposals in the current financial year.