Trust Tax Return Service (Nil to Low Activity)

Professional trust tax return preparation and lodgement for trusts with minimal activity. Ideal for trusts with less than 100 bank statement lines and limited business operations. Price quoted is for one annual trust tax return lodgement. Price quoted is for one annual company tax return lodgement.

What’s Included:

• Complete trust tax return preparation
• Set of financial statements
• Income and expense review and categorization
• Basic beneficiary distribution statements
• Electronic lodgement with ATO
• Tax calculation and payment advice
• Copy of lodged tax return
• Email support during preparation

What You Need to Provide:

• Bank statements (100 lines or fewer) 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
• Completed trust resolution for the year in question
• ASIC company details and shareholding information
• Any additional documentation we request

Does Not Include:

• Paper-based record conversion
• More than 100 bank statement lines (see Trading Trust service)
• Trust deed amendments or legal advice
• Bookkeeping or BAS services (see separate services)
• 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.