What info can I get for the end of financial year?

Annual statement (Ledger summary history)

Provided there has been account activity in the year, you’ll automatically receive an annual statement by the first week of July to your registered email address. The statement will include trades, commissions, account admin fees and other events relating to positions held on the account, as well as the total profit or loss for the year (1 July 2022 to 30 June 2023).

It won’t include any corporate actions or a snapshot of the portfolio at the end of the fiscal year.

You can also manually generate or download your statement by following the below steps:

1. On desktop, navigate to My IG Dashboard > 'Live Accounts' > 'Statements'
2. For the Type field select Annual, under Date select 'Custom Period' and select the 30th of June 2023
3. Select 'Show Statements' and a PDF copy of your statement will be made available for download

Daily statement:

A daily statement provides a summary of the trading activity that’s taken place on an account in a day – if there’s been any. It’s automatically generated (in PDF format) and sent to your registered email address on the following working day.

You can also find daily statements under My IG > ‘Live accounts’ > ‘Statements’ > ‘Daily’.

A daily statement won’t be generated if there hasn’t been any activity on the account on that day.

Please note that we cannot provide any tax advice. If you’re not sure how to use these statements for your reporting, kindly consult a tax specialist.

Annual statement (Transaction History)

A transaction history statement for the financial year will be available for download on our web trading platform from the 1st of July. The statement will include all transactions that took place on your account, including trades, commissions, account admin fees and other events relating to positions held on the account.

If you’d like to see your complete transaction history for the financial year, just follow the below steps:

1. Navigate to the MyIG Dashboard > 'Live Accounts' > 'History'> 'Transactions'
2. For the Type field select 'All', under Date select 'Custom Period' and select a period encompassing the 1st of July 2022 to 30th of June 2023.
3. Select 'Show History' and a .CSV copy of your Financial Year trading history will be made available for download

Daily statement:

A daily statement provides a summary of the trading activity that’s taken place on an account in a day – if there’s been any. It’s automatically generated (in PDF format) and sent to your registered email address on the following working day.

In addition, a holdings statement will also be made available at the start of July which will include a snapshot of your position summary, open profit/loss and cash balance as of June 30th, 2023. Please note that outside of June 30th, a daily statement will not be generated if there has been no activity for the day.

You can also find daily statements under My IG > ‘Live accounts’ > ‘Statements’ > ‘Daily’.

Dividend income statement

The dividend income statement is a breakdown of dividend payments and associated franking credits, which is generated if you’ve received dividends on your account during the financial year. If you didn’t receive any dividends, this statement won’t be generated for your account.

1. To see it, navigate to MyIG Dashboard > 'Live Accounts' > 'Statements'
2. For the Type field select Annual, under Date select 'Custom Period' and select the 30th of June 2023
3. Select 'Show Statements' and a PDF copy of your statement will be made available for download.

4. For further guidance on how to see your transaction history, please follow the link here.

If the dividend payments received consisted of only ‘simple/normal dividends’, the statement will be available by the end of July.

However, if you’ve received ‘complex dividends’ from an attribution managed investment trust (AMIT), your statement may be generated as late as the last week of October, as we can only include that information once we’ve received a breakdown from the company concerned.

What is an AMIT?

As part of the legislation introduced by the Australian Taxation Office (ATO) in May 2016, some well-known Australian companies and exchange-traded funds (ETFs) are recognised by the ATO as AMITs. Their classification as AMITs provides for certain changes to how they distribute and report their income to investors.

AMITs must report distributions within three months of the financial year end. That’s why it can take us longer to retrieve the relevant information to pass on to anyone who’s received a distribution from an AMIT.

Companies and ETFs that have qualified as AMITs should provide this information on their respective investor relations web page, where they can go into greater detail about what the AMIT status means for income distribution and reporting.

How does this affect me?

We aim to provide share trading account holders with their dividend income statement by the end of July, after the end of the financial year.

If you received any distributions from an AMIT, the later reporting standards for such companies mean that the generation of your statement will be delayed. It will, however, be completed by October.

If you’re unsure of how your dividend income affects your tax considerations, please speak to a tax specialist.

Please note that we cannot provide any tax advice. If you’re not sure how to use these statements for your reporting, kindly consult a tax specialist.