Preparing tax returns

This page is your quick guide to preparing tax returns in Practice Compliance.

Start with your return type: Individual, Company, Partnership & Trust

You can start a new return in Practice Compliance or move a return from AE/AO to rollover any prior year data.

Individual tax return

Quick links to help you prepare individual tax returns.

• Pre-fill data from ATO (individual tax returns only)

• Sharing spouse information between tax returns

Company tax return

Quick links to help you prepare company tax returns

• Calculating the loss carry back offset

• Research and development tax incentive schedule

Partnership and Trust tax returns

Quick links to prepare partnership and trust tax returns

• Distributions - Trust and Partnership tax returns

• Adding associations to a tax return

Assets

Create an asset register or import assets from AE/AO when rolling over a tax return.

• Using assets in a tax return

• Rolling over assets from AE/AO

Tax worksheets and ATO schedules

• ATO schedules for each income tax return type are lodged with the tax return.

• Tax worksheets are provided for calculation purposes. They are not lodged to the ATO.

List of tax worksheets and schedules

Other help links

• Amending tax returns

• Deleting tax returns

Follow our updates

Keep up to date with our new product features and bug fixes.

• What’s new — see the latest features and improvements.

• Known issues — track current bugs, fixes and workarounds.

• Validation errors — view recent validation fixes and how to resolve them.