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The ATO has advised that all clients on the closely held list mailed to agents in July 2007 have been granted the lodgment concession for the 2007 PAYG withholding payment summary annual report, regardless of any change in their circumstances. Agents do not need to take any action to remove clients from their PAYG withholding lodgment concession closely held list even if they no longer require the concession or are not eligible for the concession.

If agents are no longer acting for a client on the list, or they are not required to lodge further returns, agents can update the client record using the Tax Agent Portal or by lodging a Client Update (CU) form via the electronic lodgment service (ELS).

For a copy of the ATO advice, go here

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