LodgeiT

With just six simple steps, LodgeiT streamlines the process of lodging your tax return.  1. Gather information. Collect relevant financial record for the t...

Click here to watch the videos:  Preparation of Trust Tax Return Working with Trust "Financial Reports"

The major sections of a Trust Tax Return: Income Expenses Capital Gains Personal Services Income (PSI) Depreciation Tax Offsets Dividends Intere...

Once you've worked in the form, you may need to turn-on certain reporting sections. You can do so via Manage Sections, tick the relevant sections that ...

Note: Trustee ABN is not required to Fill for Trustee notices.

See attached spreadsheet example for Trust Comparatives.

Question: On Trust Tax Return, these three items were classified as "Current Liabilities" but being shown in section 33 as all "Current Asset...

Question: Is it possible to lodge a tax return through LodgeiT for a trust that does not have an ABN? The trust does not run a business so does not have o...

Question: If a trust has had to pay payg instalments where does this amount get entered as there is no “estimate” section as in a personal return, that it i...

Classify Jobkeeper as Grants The income will reflect in the tax return as  Reference: ATO- Tax treatment of JobKeeper Payments ATO - Jobke...