V500 - V599

For the list of PDF files showing ATO tags click Lodgable returns forms and schedules

V500 - V509D

V500

Net Australian income must equal income less deductions

Edit Test

^ATA #

(^AWX + ^AWY + ^BLB + ^BLC - ^AMJ + ^DGF +

^DGG - ^DGH + ^JIZ - ^JJL + ^AFS - ^AKA - ^GCG - ^AKB +

^IRR + ^AFZ + ^AGF + ^AGG + ^AGH +

Sum.Tag{^AHH}) - (^ADW + ^IRN + Sum.Tag{^AEM})

Explanation

The amount at net Australian income/loss (Item 20 Label $) is not equal to the sum of all income less the sum of deductions.

Form Type

EP

V502

Franking credit amount is incorrect.

Edit Test	Sum.Tag{^ATV} # ^AFA + ^AGH
Explanation	The total amount of Franking Credits in the distribution statement (Label D) must equal the amount of Share of franking credit from franked distributions (Item 8 Label D) plus Franking credit (Item 12 Label M) in the return.
Form Type	EP

V504

Check PP assessable government industry payments amount

Edit Test	^BXN # Null and ^BXL <= 0
Explanation	In business income and deductions where the primary production assessable government industry payments action code is present, the assessable government industry payments amount (Item 5 Label E) must also be present.
Form Type	EP ET

V506

Distribution of PP income cannot exceed net PP income

Edit Test	Sum.Tag{^ATP} > ^AWX + ^BLB + ^BLC - ^AMJ
Explanation	The amount of primary production income in the distribution statement (Label A) is greater than the net primary production income received - net primary production income (Item 5 Label Q) plus primary production distribution from partnerships (Item 8 Label A) plus primary production share of net income from trusts (Item 8 Label Z) less primary production deductions relating to amounts shown at A and Z (Item 8 Label S).
Form Type	EP

V507

Distributed PP income, non-PP income and franked distributions is incorrect.

Edit Test	^ATA # Sum.Tag{^ATP} + Sum.Tag{^ATT} + Sum.Tag{^JIL}
Explanation	The net Australian income/loss amount (Item 20 Label $) is not equal to the sum of primary production income plus non-primary production income plus franked distributions in the distribution statement (Labels A, B and L).
Form Type	EP

V509C

Statement of distribution file number or address required

Edit Test	Any occurrence of ((^BAY # NULL or ^BBK # NULL) and (^ATN = NULL and ^JGM = NULL and ^JGO = NULL and ^JHT = NULL and ^JHU = NULL and ^JHV = NULL))
Explanation	Family name or non-individual name line 1 is present in the distribution statement without a partner tax file number or an address. Please input a tax file number or an address (if available both can be input).
Form Type	EP

V509D

Statement of distribution name details required

Edit Test	Any occurrence of ((^ATN # NULL or ^JGM # NULL or ^JGO # NULL or ^JHT # NULL or ^JHU # NULL or ^JHV # NULL) and (^BAY = NULL and ^BBK = NULL))
Explanation	The partner tax file number or address is present in the distribution statement, but there is no family name or non-individual name line 1 present.
Form Type	EP

V511 - V518B

V511

Partners non-PP income distribution or franked distributions required

Edit Test

Any occurrence of

((^GBC # Null or ^ATV # Null or ^ATW # Null or ^IGF # Null) and

^ATT = Null and ^JIL = Null)

Explanation

In the statement of distribution, where there is an amount at either Credit for tax withheld where ABN not quoted (Label C), Franking Credit (Label D), TFN amounts withheld (Label E) or Credit for tax withheld - foreign resident withholding (Label F) there must be an amount for the Non-primary production Share of income (Label B) or franked distributions (Label L).

Form Type

EP

V512

Check non-PP assessable government industry payments amount

Edit Test	^BXO # Null and ^BXM <= 0
Explanation	Non-primary production assessable government industry payments action code is present and assessable government industry payment is either missing or equal to zero in business income and expenses (Item 5 Label F).
Form Type	EP ET

V514A

Check main business motor vehicle expenses

Edit Test	^BOL # Null and ^AVT <= 0
Explanation	At business income and deductions, where there is a motor vehicle expense action code, there must be a motor vehicle expense amount (Item 5 Label L) present.
Form Type	EP

V514B

Motor vehicle expenses action code must be present

Edit Test	^AVT > 0 and ^BOL = Null
Explanation	At business income and deductions, where there is a motor vehicle expense amount (Item 5 Label L), there must be a motor vehicle expense action code present.
Form Type	EP

V518A

Family name must be present

Edit Test	(^BCL # Null or ^BCM # Null) and ^BCK = Null
Explanation	First name or other given names of partner 18 or over without real and effective control is present in the distribution statement without the family name being present.
Form Type	EP

V518B

First name of partner must be present

Edit Test	^BCM # Null and ^BCL = Null
Explanation	Other given name/s of partner 18 or over without real and effective control is present in the distribution statement without the first name being present.
Form Type	EP

V520A - V528D

V520A

Both family name and company name present

Edit Test	Any occurrence of (^BAY # Null and ^BBK # Null)
Explanation	Family name and non-individual name line 1 are both present in the distribution statement. Please delete the incorrect name as only one individual or non-individual name may be present.
Form Type	EP ET

V520B

Family name must be present

Edit Test	Any occurrence of ((^BBI # Null or ^BBJ # Null) and ^BAY = Null)
Explanation	First name or other given names is present in the distribution statement without a family name being present.
Form Type	EP ET

V520C

First name must be present

Edit Test	Any occurrence of (^BBJ # Null and ^BBI = Null)
Explanation	Other given name/s is present in the distribution statement without a first name being present.
Form Type	EP ET

V521

No company name details at line 1

Edit Test	Any occurrence of (^BCD # Null and ^BBK = Null)
Explanation	Non-individual name line 2 is present in the distribution statement without a non-individual name line 1 being present.
Form Type	EP ET

V528A

Name must be present

Edit Test	^BGI = Null and ^AAU = Null
Explanation	Employer’s family name or non-individual name is not present.
Form Type	EB

V528B

Only one name allowed

Edit Test	^BGI # Null and ^AAU # Null
Explanation	Both employer’s family name and non-individual name are present. Only one name is required.
Form Type	EB

V528C

Employers family name must be present

Edit Test

(^BGH # Null or ^BGJ # Null or

^BGK # Null or ^BGL # Null) and ^BGI = Null

Explanation

Components of the employer’s individual name are present without the family name.

Form Type

EB

V528D

Employers first name must be present

Edit Test	^BGL # Null and ^BGK = Null
Explanation	Employer’s other given name is present without the first name.
Form Type	EB

V530A - V539A

V530A

Date of death required

Edit Test	^BLP = 'D' and ^ARH = Null
Explanation	Type of trust estate is 'D' (deceased estate) on the front cover and the date of death is missing.
Form Type	ET

V530B

Check type of trust estate

Edit Test	^ARH # Null and ^BLP # 'D'
Explanation	Date of death is present on the front cover and type of trust estate is other than 'D' (deceased estate).
Form Type	ET

V530C

Check date of death

Edit Test	^ARH # Null and ^ARH > ('3006':(^ABB))
Explanation	Date of death is later than the end of the current financial year. Please recheck the date of death and determine the appropriate action.
Form Type	ET

V539A