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ATO Issues Notice on RTP Schedule Self-Assessment Requirements for Private Companies

|Approved Changes|Australia
Australia

The Australian Taxation Office (ATO) has issued a notice on the RTP Schedule Self-Assessment Requirements for Private Companies from the 2021-22 income year.

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RTP schedule - self-assessment for private companies

From the 2021-22 income year onwards, private companies must self-assess their requirement to lodge a Reportable Tax Position (RTP) schedule for each income year.

You'll need to complete the RTP schedule if your company's total business income for the 2021-22 income year is:

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