V600 - V699

^AGK = [07,08] and

(^AGJ # Null or ^ABU # Null or ^AIC # [62400])

Company type indicates either corporate unit trust or public trading trust which does not require residency type (Item 3 label C) or status of your business to be present (Item 3 label E) - check residency type and status of your business. Ensure to use the Tax Office ANZSIC code 62400 if the company type is either corporate unit trust or public trading trust.

EC

^AGK # [07,08] and ^AGJ = Null

Residency is required (Item 3 label C) unless the company is a corporate unit trust or public trading trust.

EC

^KHI # 1 and ^AIC = 62230 and

((^ALY > 0 and ^ALY < 50000) or (^ALY > 149999)) and

(^JID # (^ALY*0.30) +/- 1)

The Credit Union operation has incorrect Tax on taxable or net income. Check the rate calculation.

EC

^KHI # 1 and ((^ALY <= 0  and ^JID > 0) or

(^ALY > 0 and ^AGK # [03,05] and ^AIC # [62230,63100,87900,95599,95510,95591,99010,99020,99030,99040,99050,99060,99070] and ^JID < (^ALY * 0.30) - 1))

The Company is not an entity that has been identified as being allowed to have a tax rate of less than 30%. Check the rate calculation.

EC

^ALY > 0 and (^JID > (^ALY*0.55) + 1)

The tax on taxable or net income figure is excessive in the calculation statement.

EC

^KHI = 1 and ^AIC = 62230 and (^ALY > 49999 and ^ALY < 150000) and (^JID # ((^ALY - 49999) * 0.4125) +/-1)

The company is a credit union and a small business entity and tax on taxable or net income is not equal to 41.25% of any excess over $49,999 on Taxable or net income (label A).

EC

^KHI # 1 and ^AIC = 62230 and (^ALY > 49999 and ^ALY < 150000) and (^JID # ((^ALY - 49999) * 0.45) +/-1)

Company is a credit union and is not a small business entity and tax on taxable or net income is not equal to 45% of any excess over $49,999 on Taxable or net income (label A).

EC

^APQ # ABS{^BNB + ^ASC -

(^APM + ^AJL + ^IFZ + ^GAG + ^JGF + ^BMZ + ^KIJ + ^JIK + ^IAI)}

In the calculation statement the amount of payment/refund must be equal to total of tax payable (T5), plus Section 102AAM interest charge (G) less all credit labels (H1, H2, H3, H4, H5, H7, and H8), tax offset refunds (I) and PAYG instalments raised (K). Where the calculated figure is positive payment is required; if it is zero no payment is required; and if it is negative a refund is due.

EC

^ALY # (^IFX + ^GGN + ^BMD + ^BME + ^BMF + ^IRR + ^AFZ + ^AIR + ^AID + ^DFL + ^BLG + ^IML + ^AIO) - (^IFY + ^AVK + ^BLA + ^ADL + ^ADN + ^BAM + ^BAN + ^ADT + ^AGL + ^ACO + ^ARW + ^ARX + ^AVU + ^AVT + ^AVS + ^IMM + ^AML) + (^AWG + ^CZA + ^HEJ + ^IFW + ^JFG + ^FGE + ^FGF + ^GSX) - (^GGO + ^ARI + ^IRN + ^BMV + ^BMX + ^GCG + ^GTB + ^BXX + ^GUF + ^BMQ + ^CZB + ^FGG + ^JFH + ^FGH + ^BAD + ^ARP)

The taxable income/loss figure at Item 7 Label T must be equal to the sum of all income items less the sum of all expense items plus extraordinary revenue/expenses, total capital gains, non-deductible exempt income expenditure, other assessable income and
non-deductible expenses items less other expense items.

EC

((^ARI > 0 and ^AVU = Null) or

(^AVU > 0 and ^ARI = Null)) and

(^GTC = Null and ^GTD = Null)

An amount is present at depreciation deducted (Item 7 Label F) and there is no amount at depreciation expenses (Item 6 Label X) or an amount is present at depreciation expenses (Item 6 Label X) and there is not amount at depreciation deducted (Item 7 Label F) and the tax payer is not claiming any small business entity simplified depreciating assets deductions.

EC

^AVN > 0 and ^BWR = Null

An amount is present at total salary and wage expenses at (Item 8 Label D) without an action code. Please check and input the relevant salary and wage expense action code.

EC

^BWR # Null and ^AVN <= 0

A salary and wage expense action code is present and the amount of salary and wage expense is either missing or equal to zero at Item 8 Label D.

EC

^AVN # Null and ^AVN >

(^IFY + ^AVK + ^BLA + ^ADL + ^ADN + ^BAM +

 ^BAN + ^ADT + ^AGL + ^ACO + ^ARW + ^ARX +

 ^AVU + ^AVT + ^AVS + ^IMM + ^AML)

Total salary and wage expenses at Item 8 Label D cannot exceed the total of expense items at Item 6 Labels B, A, C, D, E, F, I, H, V, J, W, U, X, Y, Z, G and S.

EC

(^BMD # Null or ^AVH # Null or

 ^BVW # Null or ^AVJ # Null) and ^AVK = Null

Trading account items are present (Item 6 Label C, Item 8 Labels A, S, B) without cost of sales (Item 6 Label A). Include cost of sales to clear error.

EC

^AVU > (^GSX + ^FGF) and

(^GTC = Null and ^GTD = Null)

Depreciation expenses at Item 6 Label X cannot exceed R&D accounting expenditure Item 7 Label D plus non-deductible expenses at Item 7 Label W for a taxpayer not claiming any small entity simplified depreciating assets deductions.

EC

^BAH # Null and ^APP = Null

On the front cover an ACN/ARBN is present at previous name without a company name present. Enter the correct Australian company name at previous name.

EC

^APP # Null and ^BAH = Null

On the front cover a previous company name is present without a valid Australian company number (ACN) or Australian registered body number (ARBN).

EC

(^GGL # Null or ^IIK # Null) and ^BAI = Null

Ultimate holding company ABN or overseas location code is present without an ultimate holding company name.

EC

Both ultimate holding company ABN and location code present

^GGL # Null and ^IIK # Null

Either ultimate holding company ABN or location code is required. Both items cannot be present.

EC

^GGM # Null and ^BAK = Null

Immediate holding company ABN is present at Item 1 on the front cover without an immediate holding company name.

EC

^AWJ > 0 and

^AWJ > ^ADY + ^CYY + ^AUY + ^BAQ

The amount of Foreign income tax offset claimed must be less than or equal to the sum of Net foreign income and all Attributed foreign income.

EC

^AWJ > 0 and

^ADY = Null and ^CYY = Null and

^AUY = Null and ^BAQ = Null

There is an amount at the Foreign income tax offset and no amounts at Net foreign income or Attributed foreign income are present.

EC

(^BAD > 0 or ^ARP > 0) and ^ALY < 0

At Item 7 losses recouped (Label R) or losses transferred in (from or to: a foreign bank branch or a PE of a foreign financial entity) (Label S) cannot add to or create a taxable loss (Label T). Adjust losses recouped or losses transferred in until the taxable income/loss figure is zero.

EC

^JID < ((^ALY * 0.15) - 1) and ^AGK = 05

The tax on taxable or net income is less than 15% of taxable or net income and the company type is a pooled development fund.

EC

^AXY # Null and ^BAT = Null

When there is an amount regarding loans to shareholders and their associates, the loan type action code must also be indicated.

EC

^BAT # Null and ^AXY = Null

When there is a loan type action code, there must be an amount present at loans to shareholders and their associates.

EC