V2201 - V2299

Edit Test

^FLX = 'Y' and ^IPR = Null

Explanation

If a fund is wound up, the question 'Have all lodgment and payment obligations been met?' must be completed.

Form Type

MS

Edit Test

^AGU > 0 and ^IOR = Null

Explanation

Other income code must be present if other income is present.

Form Type

EF MS

Edit Test

^IOR # Null and ^AGU <=0

Explanation

Other income must be greater than 0 if other income code is present

Form Type

EF MS

Edit Test

^AIE >

(^AWG + ^AIR + ^AFZ + ^IRR + ^ADY + ^IFW +

^FTZ + ^BME + ^AGF + ^AGG + ^AGH + ^BMF + ^AGU)

Explanation

Exempt current pension income cannot be greater than the sum of Label A (net capital gain), Label B (gross rent and other leasing and hiring income), Label C (gross interest), Label X (forestry managed investment scheme income), Label D (net foreign income), Label E (Australian franking credits from a New Zealand company), Label H (gross payments where ABN not quoted), Label I (gross distribution from partnerships), Label J (unfranked dividend amount), Label K (franked dividend amount), Label L (dividend franking credit), Label M (gross trust distributions), and Label S (other income).

Form Type

MS

Edit Test

^AIE > ^AWG + ^AIR + ^AFZ + ^IRR + ^ADY + ^IFW + ^IKE + ^FTZ +

^BME + ^AGF + ^AGG + ^AGH + ^IPM + ^ION + ^IOO + ^IOP + ^JJO +

^AHS + ^AHT + ^IOQ - ^AJM - ^AJN - ^AHV + ^AGU + ^BAC + ^IUE

Explanation

Exempt current pension income cannot be greater than gross income.

Form Type

EF

Edit Test

^AIE =

(^AWG + ^AIR + ^AFZ + ^IRR + ^ADY + ^IFW + ^IKE + ^FTZ +

 ^BME + ^AGF + ^AGG + ^AGH + ^BMF + ^AHS + ^AHT +

 ^IOQ - ^AHV + ^AGU + ^BAC + ^AHU + ^IPS + ^IPT) and

(^AGL > 0 or ^ACO > 0 or ^GCG > 0 or ^ARI > 0 or ^FUA > 0 or

 ^IOS > 0 or ^IPU > 0 or ^FUC > 0 or ^JJF > 0 or ^IRN > 0 or

 ^ALZ > 0 or ^BAD > 0)

Explanation

Exempt current pension income equal to gross income and other deduction labels are greater than 0.

Form Type

MS

Edit Test

^AIE =

^AWG + ^AIR + ^AFZ + ^IRR + ^ADY + ^IFW + ^IKE + ^FTZ +

 ^BME + ^AGF + ^AGG + ^AGH + ^IPM + ^ION + ^IOO + ^IOP +

 ^JJO + ^AHS + ^AHT + ^IOQ - ^AJM - ^AJN - ^AHV + ^AGU +

 ^BAC + ^IUE and

(^AGL > 0 or ^ACO > 0 or ^AVN > 0 or ^GCG > 0 or ^ARI > 0 or

 ^FUA > 0 or ^IOS > 0 or ^FUC > 0 or ^JJF > 0 or ^JJG > 0 or

 ^IRN > 0 or ^JJP > 0 or ^ALZ > 0 or ^BAD > 0)

Explanation

Exempt current pension income equal to total assessable income and other deduction labels are greater than 0.

Form Type

EF

Edit Test

^IPV # 259.00

Explanation

Supervisory levy must equal $259

Form Type

MS

Edit Test

^FLX = 'N' and no occurrence of (^IPJ or ^IVK)

Explanation

If the fund has not been wound up during the income year then the return must show at least one member number and a family name.

Form Type

MS

Edit Test

Any occurrence of

(^IPJ # Null and ^ABQ = Null and ^ISR = Null)

Explanation

Member date of birth or member TFN must be present for each member.

Form Type

MS

Edit Test

Any occurrence of (^ISI > 0 and ^ISR = Null) and ^IOQ <= 0

Explanation

If you have not provided a member's TFN and there are employer contributions for that member, an amount must be present at the 'No-TFN-quoted contributions' label in the income section of the return.

Form Type

MS

Edit Test

Any occurrence of (^ISI > 0 and ^ISR # Null and ^ISV <= 0) and

^AHS <= 0

Explanation

Assessable employer contributions must be present if Employer contributions are present, except when member TFN has not been quoted and/or a member Inward rollovers and transfers amount is greater than $0.

Form Type

MS

Edit Test

^ISO #

(^ISI + ^ISL + ^ISG + ^ISF + ^ISM + ^ISN + ^ISK +

 ^ISE + ^ISJ + ^ISP + ^ISQ + ^JJQ + ^ISD)

Explanation

Check calculation of total contributions.

Form Type

MS

Edit Test

^ISU < (^ISO + ^ISS + ^ISV - ^ISW - ^KDB - ^KDD)

Explanation

Check calculation of closing account balance.

Form Type

MS

Edit Test

^IOC < 2000 or ^IOF < 2000

Explanation

Specified income year for FTE or IEE must be 2000 or later.

Form Type

MS

Edit Test

^FLX = 'Y' and ^FNZ > 0

Explanation

Cannot have member account balances when fund has been wound up.

Form Type

MS

Edit Test

^FNZ # Sum.Tag{^ISU} +/- 50

Explanation

The sum of each members closing account balance must be equal to the total member closing account balances.

Form Type

MS

Edit Test

Value for data type $c/L is not in the form n.nn/L

where n is a digit 0-9 with optional /L appended

Explanation

Dollar and cent/loss field, values of n.nn/L where n is a digit,
0-9 only to be used, and /L indicates a loss.

Form Type

MS

Edit Test

Any value of ^IVK occurs more than once or

not in sequence order.

Explanation

Member number incorrect as each member number can appear only once and in sequence order. The first number in the sequence must be 1.

Form Type

MS

Edit Test

^FLX = 'Y' and ^IPC # Null

Explanation

If the fund has been wound-up during the year then ‘Net assets available to pay benefits’ should not be present.

Form Type

EF

Edit Test

^IOQ > 0 and ^AGQ = 0

Explanation

No-TFN-Quoted Contributions amount has been reported, therefore Gross Tax must be present.

Form Type

EF MS

Edit Test

^FNM + ^FNN + ^FNF + ^FNG + ^FNO + ^IPW + ^FNP + ^FNK +

^FNL + ^JJH + ^FNI + ^FNJ + ^JJI + ^FNQ + ^IPZ + ^IQA + ^IQB +

^IQC + ^IQD # ^FOA + ^FNZ + ^IQE + ^FOB +/- 5

Explanation

Total Australian and overseas assets must equal total liabilities

Form Type

MS

Edit Test

Any occurrence of ^DTX # Null and

^DVH # Null and

any occurrence of ^DTX < ^DVH

Explanation

The central management and control of the trust outside of Australia time period is earlier than start of the substituted accounting period.

Form Type

X XX

Edit Test

Any occurrence of ^DUP # Null and

^DVH # Null and

any occurrence of ^DUP < ^DVH

Explanation

Non-resident time period for tax purposes is earlier than start of the substituted accounting period.

Form Type

X XX

Edit Test

^DVD # Null and ^DVH # Null and ^DVD > ^DVH

Explanation

Specified individuals date of birth is later than start of the substituted accounting period.

Form Type

X XX

Edit Test

Any occurrence of ^DTX # Null and ^DUR # Null and

any occurrence of ^DTX < ^DUR

Explanation

The central management and control of the trust outside of Australia time period is earlier than start of the election commencement time.

Form Type

X XX

Edit Test

Any occurrence of ^DUP # Null and ^DUR # Null and

any occurrence of ^DUP < ^DUR

Explanation

Non-resident time period for tax purposes is earlier than start of the election commencement time.

Form Type

X XX

Edit Test

^DVD # Null and ^DUR # Null and ^DVD > ^DUR

Explanation

Specified individuals date of birth is later than start of the election commencement time.

Form Type

X XX

Edit Test

^DVG # Null and ^DUR # Null and ^DVH = Null and

^DUR < ('0107':(^DVG - 1))

Explanation

The commencement time for the family trust election is earlier than the start of the income year specified.

Form Type

X XX

Edit Test

^DVG # Null and any occurrence of

(^DTX # Null and ^DTX < ('0107':(^DVG-1))) and ^DVH = Null

Explanation

The central management and control of the trust outside of Australia time period is earlier than the start of the income year specified.

Form Type

X XX

Edit Test

^DVG # Null and any occurrence of

 (^DUP # Null and ^DUP < ('0107':(^DVG - 1))) and

^DVH = Null and ^DUR = Null

Explanation

Non-resident time period for tax purposes is earlier than start of the income year specified.

Form Type

X XX

Edit Test

^DVG # Null and ^DVD # Null and

^DVH = Null and ^DUR = Null and ^DVD > ('0107':(^DVG - 1))

Explanation

Specified individuals date of birth is later than start of the income year specified.

Form Type

X XX

Edit Test

^JAN = 'R' and ^DVK = Null and ^JAO = Null

Explanation

Revocation indicated and date FTE ceases to be in force or income year of revocation is missing.

Form Type

X

Edit Test

^JAN = 'R' and ^JAO # Null and ^JAO # ^ABB

Explanation

Revocation indicated and income year of revocation not the same as year of return

Form Type

ET MS X

Edit Test

^JAN # 'E'

Explanation

A Family Trust Election Standalone form can only be 'E' for Election.

Form Type

XX

Edit Test

Any occurrence of (^AGS = ['14','35'] and ^JAI = 'Y' and

 (^ATN = Null or (^BAY = Null and ^BBK = Null)))

Explanation

Resident beneficiary details must include TFN and Name. Only one individual or non-individual name may be present.

Form Type

ET

Edit Test

Sum.Tag{^JAS} + ^JAT # ^JAR

Explanation

The total amount at National rental affordability scheme tax offset (Label R - beneficiary entitled and no beneficiary entitled) in the distribution statement must equal the amount at National rental affordability scheme tax offset entitlement (Item 50 Label F).

Form Type

ET

Edit Test

(^JBA or ^JBB or ^JBC or ^JBD or ^JBE or ^JBF or ^JBG) # Null and

^JBG # ^JBA + ^JBB + ^JBC + ^JBD + ^JBE + ^JBF

Explanation

The Tax losses carried forward to later income years - Total must be equal to the sum of the tax losses carried forward of each year.

Form Type

BP

Edit Test

(^JBH or ^JBI or ^JBJ or ^JBK or ^JBL or ^JBM or ^JBN) # Null and

^JBN # ^JBH + ^JBI + ^JBJ + ^JBK + ^JBL + ^JBM

Explanation

Net capital losses carried forward to later income years - Total must be equal to the sum of the tax losses carried forward of each year.

Form Type

BP

Edit Test

(^JBG or ^JCM) # Null and ^JBG # ^JCM

Explanation

Tax losses carried forward to later income years - Total must be equal to the Total tax losses carried forward to later income years (Part F Label J).

Form Type

BP

Edit Test

(^JCD or ^KGN or ^JCF or ^JCG or ^JCH or ^JCI or ^JCJ or ^JCK or ^JCL or ^JCM) # NULL

and

^JCM # ^JCD + ^KGN - ^JCF + ^JCG + ^JCH - ^JCI - ^JCJ - ^JCK - ^JCL

Explanation

Total tax losses carried forward to later income years (Part F Label J) must be equal to Label A + B - C + D + E - F - G - H - I (in Part F).

Form Type

BP

Edit Test

Any occurrence of

(^JAI = 'Y' and ^AGS # Null and ^AGS # ['35','140','14','120'])

Explanation

Where a trust is making a TB statement by answering the TB question Yes, the Assessment calculation code should be Null, 35, 140, 14 or 120.

Form Type

ET

Edit Test

Any occurrence of

(^JAI = 'Y' and (^JAJ = 0 or ^JAJ = Null) and (^JAK = 0 or ^JAK = Null))

Explanation

Where the trustee has indicated that they are making a TB statement, by answering the TB question Yes, there must be a value greater than 0 at P or Q.

Form Type

ET

Edit Test

Any occurrence of (^JAI # 'Y' and (^JAJ > 0 or ^JAK > 0))

Explanation

Where the trust has indicated that they are not making a TB statement, by answering the TB question No, P and Q must be blank or equal to zero.

Form Type

ET

Edit Test

Any occurrence of (^AGS = ['120','140'] and ^JAI = 'Y' and

((^BAY = Null and ^BBK = Null) or

  ^JGM = Null or ^JGO = Null or ^JHV = Null))

Explanation

When making a TB Statement, non-resident beneficiary details must include name and address.

Form Type

ET

Edit Test

^DXE # Null and

((^DXS # Null and ^DXQ = Null and ^DXE > ^DXS) or

 (^DXS = Null and ^DXQ # Null and ^DXE > ^DXQ))

Explanation

The date of birth of the specified individual cannot be later than the election commencement time or the substituted accounting period for the family trust.

Form Type

Y YY

Edit Test

^DWR # Null and ^DXQ # Null and

^DWR < ^DXQ

Explanation

Day specified cannot be earlier than the substituted accounting period for the family trust election.

Form Type

Y YY