The Australian Taxation Office (ATO) has released the updated 2025 Supplementary Annual GST Return (SAGR) for the 2024–25 financial year, targeting large public and multinational businesses that have received a GST assurance rating through the Top 100 or Top 1,000 assurance programs.
Key Highlights
Who Must Lodge:
Businesses are required to lodge the SAGR if they received a GST assurance rating on or before 30 June 2024 through:
- Top 100 GST Assurance Report
- Top 1,000 Combined Assurance Review (CAR) with a GST assurance rating
- Top 1,000 GST Streamlined Assurance Review
Additionally, if a previously assured entity becomes part of a new GST reporting group and contributes 50% or more of the group’s GST throughput, the new group must lodge the SAGR .
Purpose:
The SAGR aims to:
- Assess how businesses have addressed ATO recommendations and resolved any identified issues.
- Evaluate maintenance or improvements in GST governance.
- Reconcile audited financial statements with annualized Business Activity Statements (BAS).
- Identify any material uncertain GST positions or errors and their rectifications.
Lodgment Details:
- The SAGR form (NAT 75615) must be completed and emailed to [email protected].
- Due dates vary based on the taxpayer’s financial year-end. For example, entities with a December 2024 year-end must lodge by 21 August 2025 .
Penalties:
Failure to lodge on time or submitting false or misleading information may result in administrative penalties, especially for Significant Global Entities (SGEs)
For detailed instructions and to download the form, visit the ATO’s official page: Australian Taxation Office.
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