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INFO 17

Changing a company financial year

This is Information Sheet 17 (INFO 17). It explains:.

In plain English

INFO 17 explains how a company can change its financial year end.

INFO 17 applies to all Australian companies. It details the process for changing a company’s financial year end. Companies must get approval from ASIC. They need a good reason for the change. The guidance was last updated in December 2023.

Why it matters

Changing your financial year can impact reporting and tax obligations. Understanding ASIC’s requirements ensures compliance and avoids potential issues. Review this guidance before requesting a change.

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AI-assisted summary, grounded in the source link below. Generated 2026-05-23 via gemma3:12b.

Issuing regulator

ASIC

Topics


Source: https://www.asic.gov.au/for-business/changes-to-your-company/changing-a-company-financial-year/. Rules Mate indexes + summarises; always verify against the regulator's live publication.