Trust Tax Solution | Ezy Tax Consultants

TRUST TAX RETURN

Call us, we will do it over the phone and email

BASIC

Small Company (No Fixed Assets)

$ 950

per tax year

Preparation & Lodgment of Trust Tax Return (Form T)
Simple income & expenses
(no depreciation schedule)
Distribution schedule
(up to 2 beneficiaries)
Price exclude GST

STANDARD

With Fixed Assets & Depreciation

$ 1400

per tax year

Everything in BASIC
Fixed Assets Register & Depreciation Schedule
Capital Gains Tax calculation (property/shares/crypto sales)
Distribution schedule (up to 4 beneficiaries)
Price exclude GST

EXTENSIVE

Full Compliance & Full Reporting

$ 2200

per tax year

Everything in STANDARD
Multiple investments (shares, ETFs, rental properties, crypto)
Complex distributions (income streaming, bucket companies, minors, multiple classes of beneficiaries)
Tax planning strategies for distributions
Review of trust deed compliance
Price exclude GST

RECOMMEND

Completing a trust tax return

Trusts does not pay tax or carry forward a loss. It has its own ABN and TFN. When lodging a Trust tax return, all net income or loss must be distributed to the beneficiaries. Each beneficiary has to report the trust income or loss in the individual tax return.

Documents and info required

A signed trust deed which outlines on how a trust operates.
BAS return if GST is registered
Financial statements if any – 1/ Profit and Loss 2/ Balance Sheet
Details of the transactions ie General Ledger
Bank Statements
Annual Rental Statement if any
Depreciation Schedule if any
Loan statements if any
Source documents
Prior Year Trust Tax Return

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Let Ezy Tax Consultants help you

Trusts is a complicated affairs. There are many types of trusts and each trust is treated differently depending on the trust deed. For that reason, we recommend you to seek help and professional advice.