On 12 August 2026, FNS reminded taxpayers that before 1 September 2026 they should convert their existing Electronic Declaration of Income (EDE) to the updated format required by the new reporting portal. The transition aims to improve data validation and reduce manual corrections. The notice emphasizes that non‑compliance may trigger audits and penalties, and it provides step‑by‑step instructions for submitting the revised declarations via the online service.
Key Takeaways
- Updated EDE format: Mandatory submission before 1 September 2026 through the unified portal.
- Portal submission: All revised declarations must be entered online, with automatic validation checks.
- Penalty risk: Failure to comply may result in audits and financial sanctions.
Disclaimer:This article is compiled and summarized based on publicly available information and is for general information and academic exchange purposes only. It does not constitute any form of formal tax advice, legal opinion, or basis for performance. For tax planning, please consult a qualified professional tax advisor or legal counsel.
Source: Read Original Announcement