BUSINESS TAX RETURN CHECKLIST
Access your return faster when you complete this easy checklist.
Name of taxpayer/s:
Address:
Preferred Contact No:
Email:
Information Provided
Not Applicable
If you use cloud accounting software, please send your invitation to add us as accountants (if you haven’t already) to the following address:
Xero Software - [email protected]
MYOB Software - [email protected]
Intuit Software - [email protected]
Information ProvidedNot Applicable
Copy of files from desktop accounting software. Please provide login, password and software used. Software Used: Login: Password:
Cashbook (if maintained), which includes records of cash taken before the business takings are banked.
Copies of purchase/sell notes and settlement statements for investments sold (include original contract notes and settlement statements if possible).
Details of any other income, eg rental income, investment income, grants, HIN/SRN or copies of dividend/distribution statements.
Details of proceeds from the sale of capital assets or old / written off / obsolete assets (scrapped assets).
Managed funds distribution statements, annual tax statements and capital gains statements.
Details of wages paid during the year including copies of the PAYG Payment Summaries & PAYG Summary Statement (if applicable).
Details of bad debts actually written off during the year (provide documentary evidence).
Taxable Payments Annual Report (TPAR).
Workers Compensation Declaration.
Details of entertainment expenses.
Details of travel expenses (include travel diaries), particularly for overseas trips.
Details of fringe benefits paid on behalf of employees, including any new arrangements for the provision of vehicles available for private use. Copies of logbooks for new and existing vehicles, excluding utility vehicles and trucks (completed within the last 5 years).
Details of superannuation contributions for employees & directors, including any unpaid amounts at year end.
Details of interest on loans (including explanation of purpose).
Details of lease expenses for motor vehicles, premises and equipment.
Details relating to legal expenses.
Copies of new HP or chattel mortgage agreements & Tax invoices.
Details of any significant repairs and maintenance.
Asset register detailing depreciable assets bought, sold or disposed of during the year and copies of tax invoices.
If not using Cloud software, please provide all bank statements for the financial year.
Details of CGT assets purchased or sold during the year, including contract & settlement sheets.
Details of work-in-progress.
Listing of trade debtors with amounts outstanding as at 30 June 2021 & any details of bad debts or uncollectable amounts.
Value of stock as at 30 June 2021 (and basis of valuation).
Details of all loans and full financial year bank statements.
Listing of trade creditors with amounts owing as at 30 June 2021.
Statements from any financer’s detailing the opening and closing balances of existing loans during the financial year.
Details of any changes to shareholdings or directorships or new units issued.
Details of loans from shareholders or partners.
Details of any Annual Leave or LSL due to employees (if applicable).
Copy of the Company Constitution, if not already supplied.
Copy of the Trust Deed, if not already supplied.
Copy of the Partnership Agreement if not already supplied.
Copy of the Trust Distribution Advice Minutes (Notification Decision).
Notes:
Attach files: