The Modernisation of Trust Administration Systems (MTAS) project is an ATO initiative aimed at improving the integrity of the tax system through improving the end-to-end trust experience for clients.
This meeting was held via webinar on Monday 11 September 2023.
Key outcomes
Below is a summary of key outcomes. Note: The full outcomes and any presentation materials are available in Online Services for DSPs.
At this meeting, discussion points were:
Recap and overview of out of session Capital Gains Tax (CGT) and Trust Income Schedule (TIS) discussion
An overview of the out-of-session meeting held on 10 August was provided to the group along with discussing the feedback on the implications of the new CGT labels.
TIS Aggregation for 30+ beneficiaries
The Business Implementation Guide (BIG) will outline the process of aggregating the TIS form to accommodate the numbers of beneficiaries for Individual Income Tax Returns (IITR) and Non-individual Income Tax Returns (NITR).
Technical Design and Specifications
The group was provided a view of the draft Message Structure Table (MST) along with an updated delivery timeline.
Nudge messaging for individuals
The group was presented with the changes to TT2024, based on prior-year returns, where individual beneficiaries completing their ITR via myTax or SBR/PLS channels will receive real time nudge messaging.
Group discussion
Feedback from Stewardship groups have included a request for software developers to have a printing option for the statement of distribution available for Agents, however this would not be a part of the SBR service build.
Next steps
The next group is scheduled to reconvene in December 2023. If any further updates are required, the MTAS group will attend a PLS working group to communicate any changes or requests for feedback.
No previous versions available.