Trust Tax Return Service (Business Trading)

Professional trust tax return preparation and lodgement for actively trading trusts. Ideal for discretionary trusts with business operations and up to 4 beneficiaries for distribution. Price quoted is for one annual trust tax return lodgement.

What’s Included:

• Complete trust tax return preparation
• Beneficiary distribution (up to 4 beneficiaries)
• Set of financial statements
• Comprehensive income and expense categorisation and review
• Depreciation schedules and asset reviews, if required
• Electronic lodgement with ATO
• Tax calculation and payment advice
• Copy of lodged tax return
• Email support during preparation

What You Need to Provide:

• Reconciled set of books using electronic cloud accounting software
• Bank statements in electronic spreadsheet form – support provided to help you extract the data needed
• Electronic records of all income and expenses – we will provide you with a form to complete
• Previous year’s tax return (if available)
• Trust deed and beneficiary details
• Trustee resolutions for distributions
• Any additional documentation we request

Does Not Include:

• Paper-based record conversion
• More than 4 beneficiaries (contact us for custom quote)
• Trust deed amendments or legal advice
• Bookkeeping or BAS services (see separate services)
• Business advice beyond tax return preparation
• Amended tax returns (charged separately)
• ATO correspondence or audit support

This purchase is subject to completion of Useful Money Stuff Accounting’s engagement agreement, which will be provided after purchase. A draft version can be downloaded here. We reserve the right to accept or decline clients based on our service capabilities and professional standards. Work will commence only upon mutual acceptance and signing of the engagement agreement. Refund available less merchant fees if engagement terms are not accepted or full refund if we are unable to proceed with your engagement.