Suggested Search
Here’s a quick wrap-up of changes we’ve made in November as we continue to action insights from advisers and develop core features on CFS Edge.
PAYG tax will be deducted monthly
Following ATO guidance the monthly PAYG tax rate for CFS Edge is now set to 2.24%. Having started from Monday 17 November, CFS deducts PAYG tax from clients’ accounts on a monthly basis at this new rate.
What's changed?
The previous monthly PAYG rate on CFS Edge was 0%, and the fund had covered PAYG tax on accounts’ annual net taxable income with reserves. The ATO has reset the monthly PAYG tax rate for CFS Edge to 2.24%. This won’t affect your clients’ total tax, but PAYG tax will now be deducted throughout the year instead of once annually.
The PAYG tax process for the remainder of FY2024/25 and for FY2025/26 is outlined below.
Financial year 2024/25
- November 2025: There has not been a final tax instalment deducted from client accounts in November 2025 as this will be covered by the fund’s reserves
- March 2026: Annual tax adjustment for FY2024/25. A ‘true-up’ adjustment process determines clients’ final tax position and will either credit tax refunds or debit tax payable to clients’ accounts.
Financial year 2025/26
- Starting 17 November 2025: Monthly PAYG tax deductions begin
Starting in November, we will deduct PAYG tax monthly at the new PAYG rate of 2.24%. This will apply to all CFS Edge Super and Transition to Retirement (TTR) Pension accounts on concessional contributions, income and net capital gains for the previous month. - November 2026: Final annual tax instalment for FY2025/26
The final tax instalment for a financial year will be calculated at a rate of 15% on an account’s net taxable income. This amount will be adjusted with the monthly PAYG tax deducted during the financial year. - March 2027: Annual tax adjustment for FY2025/26
As per previous years, around March, a ‘true-up’ adjustment process determines clients’ final tax position and will either credit tax refunds or debit tax payable to clients’ accounts.
Register for our upcoming Edge Essentials webinars in January 2026 here to learn more about the recent enhancements to CFS Edge.
Contact us
Actioning insights from advisers and developing core features on CFS Edge remains our number one priority, with more enhancements to come through the second half of the calendar year.
If you have any questions or would like more information about these enhancements, please contact your local Business Development Team or call us on 1300 769 619, Monday to Friday, 8:30am - 6pm Sydney time.
We're here to help
Get in touch
For adviser services contact us 8:30am - 6pm (Sydney time) Monday to Friday.
FirstTech: 9am - 5:30pm Monday to Friday.
Adviser use only
Avanteos Investments Limited ABN 20 096 259 979, AFSL 245531 (AIL) is the trustee of the Avanteos Superannuation Trust ABN 38 876 896 681 and issuer of CFS Edge Super and Pension. Colonial First State Investments Limited ABN 98 002 348 352, AFSL 232468 (CFSIL) is the Investor Directed Portfolio Service (IDPS) operator, administrator and custodian of the Avanteos Wrap Account Service and issuer of CFS Edge Investments.
This webpage is based on current requirements and laws as at 19 December 2025. While all care has been taken in preparing the information contained in this document (using reliable and accurate sources), to the extent permitted by law, no one including AIL and CFSIL, nor any related parties, their employees or directors, accept responsibility for loss suffered by anyone from reliance on this information. This document provides general information for the adviser only and is not to be handed to any investor. It doesn‘t take into account anyone’s individual objectives, financial situation, needs or tax circumstances. You should read the relevant Product Disclosure Statement (PDS), Investor Directed Portfolio Service Guide (IDPS Guide) and Financial Services Guide (FSG) before making any recommendations to a client. The PDS, IDPS Guide and FSGs can be obtained via cfs.com.au/cfsedge or by calling us on 1300 769 619.