V1400 - V1499

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

1400 - 1407

V1400

Property disposed of outside this financial year

Edit Test

^GJQ # Null and

(^GJQ < ('0107':(^ABB-1)) or ^GJQ > ('3006':(^ABB)))

Explanation

Property must have been disposed of during financial year of the return.

Form Type

BR EP ET

V1401A

Date property sold must be present

Edit Test

^GJQ = Null and

(^GJR # Null or ^GJT # Null or ^GJU # Null)

Explanation

Date property sold must be present if Sale price of property or Value of depreciation recouped on the sale of the property or Value of building write-off recouped on the sale of the property are present.

Form Type

BR

V1401B

Sale price or depreciation recouped or building write-off recouped required

Edit Test

^GJQ # Null and

(^GJR = Null or ^GJT = Null or ^GJU = Null)

Explanation

If date property sold is present then sale price of property, depreciation recouped on sale of property and building write-off recouped on sale of property must be present.

Form Type

BR

V1404

Gross payment required on Payment Summary schedule

Edit Test

(^GGN > 0 or ^IFX > 0) and

(^XXX # 'PS' or Sum.Tag{^GGE} # ^GGN + ^IFX)

Explanation

An amount has been entered at gross payment where ABN not quoted (Item 6 Label A) and/or Gross payments subject to foreign resident withholding (excluding capital gains) (Item 6 Label B) and there are no corresponding amounts on the Payment Summary schedule (Label $).

Form Type

EC PS

V1405

Amount withheld required on Payment Summary schedule

Edit Test

^GAG > 0 and

(^XXX # 'PS' or (Sum.Tag{^GGD} where ^GGF = 'N') # ^GAG)

Explanation

For a Company: An amount has been entered at tax withheld from payments where ABN not quoted (Label W) in the calculation statement and on the Payment Summary schedule there are no corresponding amounts (Label $) and the payment type is 'N'.

For a Partnership or Trust: An amount has been entered at Tax withheld from payments where ABN not quoted (Item 6, label T) and on the Payment Summary schedule there are no corresponding amounts (Label $) and the payment type is 'N'.

Form Type

EC EP ET PS

V1407

Incorrect payment type

Edit Test

^AWR = ['EC','EF','EP','ET','MS'] and

^XXX = 'PS' and ^GGF # ['N','F']

Explanation

Return type is Company, Fund, Partnership or Trust and the Payment Summary schedule does not have a Payment type code of 'N' or 'F'.

Form Type

EC EF EP ET MS PS

V1410 - V1418

V1410

Amount withheld is incorrect

Edit Test	any occurrence of (^GGD > 0 and ^GGD > ^GGE*0.50 + 1)
Explanation	There is an occurrence of the Amount withheld (Label $) on the Payment Summary schedule being greater than 50% of the Gross Payment (Label $).
Form Type	PS

V1412

Income type not present

Edit Test	^AWR = ['AI','EI'] and ^XXX = 'PS' and ^GKP = Null
Explanation	Nature of income type, Business or Personal services must be provided on the Payment Summary Schedule for individuals.
Form Type	EI PS

V1415

Total of the tax losses carried forward to later income years in schedule must equal tax losses carried forward to later years in the return

Edit Test	^XXX = 'BP' and ^JBG # ^ARN
Explanation	Total of the tax losses carried forward to later income years in the Losses schedule must equal tax losses carried forward to later income years (Label U) on the main income tax return.
Form Type	BP EC EF ET MS

V1416

Net capital losses carried forward incorrect

Edit Test	^XXX = 'BP' and ^JBN # ^BRA
Explanation	Net capital losses carried forward to later income years - Total (Part A2 Label V) in the Losses schedule is equal to the Net capital losses carried forward to later income years (Label V) on the main income tax return.
Form Type	BP EC EF ET MS

V1418

Capital gain/loss on sale of property required

Edit Test	^GJS = Null and (^GJO > 19091985 and ^GJQ # Null)
Explanation	If property originally purchased after 19/09/1985 and has been sold, capital gain/loss on sale of property must be present.
Form Type	BR

1421A - 1428

V1421A

Continuity of majority ownership test only required for companies or widely held trusts.

Edit Test

^AWR = ['EF','MS'] and ^XXX = 'BP' and

(^JBO # Null or ^JBP # Null or ^JBQ # Null or

^JBR # Null or ^JBS # Null or ^JBT # Null)

Explanation

Only companies and widely held trusts are required to indicate whether continuity of majority ownership test passed for each year of loss.

Form Type

BP EF MS

V1421B

Companies are required to indicate whether continuity of majority ownership test passed for each year of loss

Edit Test

^AWR = 'EC' and ^HEM = Null and ^BAD > 100000 and

^JBO = Null and ^JBP = Null and ^JBQ = Null and

^JBR = Null and ^JBS = Null and ^JBT = Null

Explanation

Companies not part of the consolidated group that have Tax losses deducted of greater than $100,000 (Item 7 Label R) must complete Part B1 on the Losses schedule. Companies are required to indicate whether continuity of majority ownership test passed for each year of loss.

Form Type

BP EC

V1421C

Widely held trusts are required to indicate whether continuity of majority ownership test passed for each year of loss

Edit Test

^AWR = 'ET' and ^BLP = 'P' and ^BAD > 100000 and

^JBO = Null and ^JBP = Null and ^JBQ = Null and

^JBR = Null and ^JBS = Null and ^JBT = Null

Explanation

Public unit trust (listed other than cash management unit trust) that have Tax losses deducted of greater than $100,000 (Item 25 Label C) must complete Part B1 of the Losses schedule. Trusts are required to indicate whether continuity of majority ownership test passed for each year of loss.

Form Type

BP ET

V1422A

Losses schedule Part C not required

Edit Test

^AWR # 'EC' and

(^GHX # Null or ^GHY # Null or

^GHZ # Null or ^GIA # Null)

Explanation

Part C - Unrealised losses (labels L, M, N and O) are applicable to a company only. The Funds and Trusts are not required to fill this part.

Form Type

BP EC EF ET MS

V1422B

Answer to changeover time question is required

Edit Test	^AWR = 'EC' and ^GHX = Null
Explanation	A company is required to indicate whether a changeover time occurred by entering 'Y' or 'N' in part C label L of the Losses schedule.
Form Type	BP EC

V1423

Please complete B2, B3 and B4 on the Losses schedule

Edit Test

(^JBO = 'N' or ^JBP = 'N' or ^JBQ = 'N' or

^JBR = 'N' or ^JBS = 'N' or ^JBT = 'N') and

(^GHS = Null or ^GHT = Null or ^GHU = Null or

^GHV = Null or ^GHW = Null)

Explanation

If the answer to any of the continuity of majority ownership test questions in Part B1 was 'N', then Part B2 Labels G and H and Part B3 Labels I and J and Part B4 Label K must be completed.

Form Type

BP

V1426

Answer required to application of current year loss provisions question at Part B Label K

Edit Test

(^JBO = 'N' or ^JBP = 'N' or ^JBQ = 'N' or

^JBR = 'N' or ^JBS = 'N' or ^JBT = 'N') and ^GHW = Null

Explanation

If the entity has not passed the continuity of ownership test ('N' to any labels in Part B1) then the entity will have to indicate whether 'current year loss' provisions apply (Part B4 Label K).

Form Type

BP

V1427

Check total gross rent

Edit Test	All occurrences of (^CXP + ^CXQ) # ^AFS
Explanation	Total gross rent of schedules and gross rent value in return must be equal
Form Type	BR EP ET

V1428

Check total interest

Edit Test	All occurrences of ^CXR # ^AKA
Explanation	Total interest of schedules and interest value in return must be equal
Form Type	BR EP ET

1430 - 1434B

V1430

Check total of other rental deductions

Edit Test

All occurrences of

(^CXU + ^CXV + ^CXW + ^CXY + ^CYE + ^CXZ + ^CYD +

^CYA + ^CYG + ^DAD + ^CYB + ^CXS + ^CYH + ^CYC +

^CYI + ^CYF + ^CYJ) # ^AKB

Explanation

Total of rental expenses less Interest and Capital works (Special building write-off) of schedules and value of Other rental deductions in return must be equal

Form Type

BR EP ET

V1431

Check total net rent

Edit Test	All occurrences of ^CYL # (^AFS - ^AKA - ^GCG - ^AKB)
Explanation	Total net rent of schedule and net rent value in return must be equal
Form Type	BR EP ET

V1432A

Answer required to the question concerning maximum net asset value test at Part C Label M

Edit Test	^GHX = 'Y' and ^GHY = Null
Explanation	If a changeover time occurred in relation to a company completing Part C of the Losses schedule (Label L in Part C answered 'Y') then the company should indicate whether the maximum asset test was satisfied at the changeover time at label M in part C.
Form Type	BP

V1432B

Answers to questions at Part C Labels M,N, or O are not required

Edit Test	^GHX = 'N' and (^GHY # Null or ^GHZ # Null or ^GIA # Null)
Explanation	In the Losses schedule, if a changeover time did not occur in relation to a company (Label L in Part C is 'N') then the company need not to answer other questions regarding the unrealised losses (label M, N or O must not be completed).
Form Type	BP

V1432C

Answers to questions at Part C Labels N or O are not required

Edit Test	^GHY = 'Y' and (^GHZ # Null or ^GIA # Null)
Explanation	If the company completing Part C of the Losses schedule has satisfied the maximum asset test ('Y' to label M) then the other questions regarding the unrealised losses (labels N and O) must not be completed.
Form Type	BP

V1432D

Answer required to the question concerning unrealised net loss at Part C Label N

Edit Test	^GHY = 'N' and ^GHZ = Null
Explanation	If the company completing the Losses schedule did not satisfy the maximum asset test at the changeover time (label M is 'N'), then the question regarding whether the company determined it had an unrealised net loss at the change over time (label N) must be answered.
Form Type	BP

V1432E

Unrealised net loss at Part C Label O required

Edit Test	^GHZ = 'Y' and (^GIA = Null or ^GIA = 0)
Explanation	If the company completing the Losses schedule has determined that it had an unrealised net loss at the changeover time ('Y' to label N, Part C), then the amount of the unrealised net loss must be entered in label O.
Form Type	BP

V1434A

Net capital gain incorrect

Edit Test	^AWG > 0 and ^AWG > ^BQV
Explanation	Net capital gain (Item 18 Label A) is greater than Total current year capital gains (Item 18 Label H).
Form Type	EI

V1434B

Total current year capital gains required

Edit Test	^AWG > 0 and ^BQV = Null
Explanation	Net capital gain (Item 18 Label A) present. Total current year capital gains (Item 18 Label H) absent.
Form Type	EI

V1442C - V1442H

V1442C

Complete Tax losses at part B Label I

Edit Test

(^GHU = Null or ^GHU = 0) and ^JBF > 0 and

(^JBO = 'N' or ^JBP = 'N' or ^JBQ = 'N' or

^JBR = 'N' or ^JBS = 'N' or ^JBT = 'N')

Explanation

There are Tax losses carried forward in the Current Year-5 and earlier income years (Part A Label G) and the continuity of majority ownership test was not passed in the Current Year-5 and earlier income years or in later years (Part B Labels A, B, C, D, E or F). The Tax losses carried forward should be shown in Part B Label I.

Form Type

BP

V1442D

Complete Tax losses at Part B Label I

Edit Test

(^GHU = Null or ^GHU = 0) and ^JBE > 0 and

(^JBO = 'N' or ^JBP = 'N' or ^JBQ = 'N' or

^JBR = 'N' or ^JBS = 'N')

Explanation

There are Tax losses carried forward in the Current Year-4 income year (Part A Label F) and the continuity of majority ownership test was not passed in the Current Year-4 income year or in later years (Part B Labels A, B, C, D or E). The Tax losses carried forward should be shown in Part B Label I.

Form Type

BP

V1442E

Complete Tax losses at Part B Label I

Edit Test

(^GHU = Null or ^GHU = 0) and ^JBD > 0 and

(^JBO = 'N' or ^JBP = 'N' or ^JBQ = 'N' or ^JBR = 'N')

Explanation

There are Tax losses carried forward in the Current Year-3 income year (Part A Label E) and the continuity of majority ownership test was not passed in the Current Year-3 income year or in later years (Part B Labels A, B, C or D). The Tax losses carried forward should be shown in Part B Label I.

Form Type

BP

V1442F

Complete Tax losses at Part B Label I

Edit Test

(^GHU = Null or ^GHU = 0) and ^JBC > 0 and

(^JBO = 'N' or ^JBP = 'N' or ^JBQ = 'N')

Explanation

There are Tax losses carried forward in the Current Year-2 income year (Part A Label D) and the continuity of majority ownership test was not passed in the Current Year-2 income year or in later years (Part B Labels A, B or C). The Tax losses carried forward should be shown in Part B Label I.

Form Type

BP

V1442G

Complete Tax losses at Part B Label I

Edit Test

(^GHU = Null or ^GHU = 0) and ^JBB > 0 and

(^JBO = 'N' or ^JBP = 'N')

Explanation

There are Tax losses carried forward in the Current Year-1 income year (Part A Label C) and the continuity of majority ownership test was not passed in the Current Year-1 income year or in later years (Part B Labels A or B). The Tax losses carried forward should be shown in Part B Label I.

Form Type

BP

V1442H

Complete Tax losses at Part B Label I

Edit Test	(^GHU = Null or ^GHU = 0) and ^JBA > 0 and ^JBO = 'N'
Explanation	There are Tax losses carried forward in the current income year (Part A Label B) and the continuity of majority ownership test was not passed in the current income year (Part B Label A). The Tax losses carried forward should be shown in Part B Label I.
Form Type	BP

V1488A - V1489

V1488A

Revocation details incomplete

Edit Test

(^GKX # Null or ^GLC # Null) and

^GKV = Null and ^GKW = Null

Explanation

A Family Trust election is being revoked, but required information is missing. The TFN or 'No TFN' indicator is present but the Income Year for which election details were provided and/or Income year specified in the election being revoked are missing.

Form Type

X

V1488B

Revocation details incomplete

Edit Test

(^GKV # Null or ^GKW # Null) and

^GKX = Null and ^GLC = Null

Explanation

A Family Trust election is being revoked, but required information is missing. The Income Year for which election details were provided or Income year specified in the election being revoked are present, but the Specified Individual's TFN and 'No TFN' indicator are missing.

Form Type

X

V1489

Check year specified

Edit Test	^GKW > ^GKV
Explanation	The specified income year of the Family Trust election which is being revoked cannot be later than the income year of the tax return in which the election was made.
Form Type	X

V1490A - V1499

V1490A

Tax file number not required

Edit Test	^GLC # Null and ^GKX # Null
Explanation	The ‘specified individual does not have a TFN’ indicator is present and TFN has been provided. Correct response to question or delete TFN
Form Type	X

V1491A

Tax withheld voluntary agreement required

Edit Test	(^GAP + ^GAQ) > 0 and ^FZM = Null
Explanation	Amounts have been entered for Gross payments voluntary agreement (Item P8 Labels E and F) and Tax withheld voluntary agreement (Item 15 Label D) is missing.
Form Type	EI

V1491B

Tax withheld voluntary agreement incorrect

Edit Test	^FZM > 0 and ^FZM > (^GAP + ^GAQ)*0.50
Explanation	Amount entered at Tax withheld voluntary agreement (Item 15 Label D) is greater than 50% of Gross payments voluntary agreement (Item P8 Labels E and F).
Form Type	EI

V1493A

Tax withheld labour hire required

Edit Test	(^GAR + ^GAS) > 0 and ^FZO = Null
Explanation	Amounts have been entered at Gross payments labour hire (Item P8 Labels N and O) and Tax withheld labour hire (Item 15 Label F) is missing.
Form Type	EI

V1493B

Gross payments labour hire required

Edit Test	(^GAR + ^GAS) <= 0 and ^FZO > 0
Explanation	Amounts have been entered at Tax withheld labour hire (Item 15 Label F) and Gross payments labour hire (Item P8 Labels N and O) is missing or equal to zero.
Form Type	EI

V1494

Tax withheld labour hire incorrect

Edit Test	^FZO > 0 and ^FZO >(^GAR + ^GAS)*0.50
Explanation	Amount entered at Tax withheld labour hire (Item 15 Label F) is greater than 50% of Gross payments labour hire (Item P8 Labels N and O).
Form Type	EI

V1495

Primary production and/or Non-primary production total deferred losses incorrect

Edit Test	^IOH + ^IOI > 0 and ^GAV = Null
Explanation	If the sum of primary production deferred losses (Item 16 Label I) and non-primary deferred losses (Item 16 Label J) is greater than zero, then Business loss activity Industry code label is required.
Form Type	EI

V1499

Number of business activities missing

Edit Test	^AIC # Null and ^GAM = Null
Explanation	ANSZIC code has been entered at Item P2 Label A and Number of business activities (Item P3 Label B) is missing.
Form Type	EI