17/02/2025

RevenueSA Online will shortly mandate Commonwealth Reporting for a number of documents that are lodged for assessment by RevenueSA. This is scheduled to occur on Thursday, 20 February 2025.

Documents that will now require Commonwealth Reporting are Exempt documents that fall into the following sub-categories:

  • 71(5)(b) Liquidator in specie distribution
  • 71(5)(da) Responsible Entity and custodian
  • 71(5)(e) Trustee to a beneficiary
  • 71(5)(f) Trustee to a beneficiary of a family trust
  • 71(5)(g) Beneficiary to another beneficiary of the family group
  • 71(5)(h) Pursuant to will/intestacy
  • 71(7a) Custodian trust to the trustee of the Self Managed Super Fund
  • 71CA Spouse or de facto relationship break down
  • 71CB Spouse or domestic partners
  • 71CBA former domestic partners
  • 71CD Official Trustee to Bankrupt
  • Exemption 33 – Transfer to Religious/Charitable body

Previously, RevenueSA Online did not prompt you to complete the Commonwealth Reporting data, which would result in RevenueSA sending you a requisition requesting the creation of a workspace.

Now when you lodge one of the above document sub-categories, the Commonwealth Reporting requirements will form part of the lodgement process, exactly the same as it is for other documents requiring reporting. This now streamlines the process for you in RevenueSA Online and ensures the Document ID and workspace are linked.

RevenueSA Online Help Guides have been updated to provide guidance on how this functionality works in RevenueSA. These will be published on Thursday, 20 February 2025.