Company return | MYOB Practice Support

For data entry navigation purposes, the return items are categorised and presented on a set of tab cards:

ATO schedules

Schedules you can complete and lodge with a company return:

Description	Acronym
Amendment schedule (amd)	amd
Capital gains schedule (BW)(select Populate BW in the Capital gains worksheet (g))	bw
Consolidated Groups Losses Schedule (bx)	bx
Interest and Dividends Paid (BT)	bt
International dealings schedule (IDS)	ids
Interposed entity election/revocation schedule (Y)	y
Losses schedule (BP)	bp
Notification of Members joining or leaving a Consolidated Group (bn)	bn
Other attachments schedule (att)	att
Payment summary schedule (PS)	ps
Reportable tax position	rp
Research and development tax incentive (BY)	rd

ATO forms

Forms associated with a company that are lodged separately from a return are:

Description	Acronym
cub - add or delete a client - non-individual entities (PLS CUREL)	cub
Annual GST return (GR)	gr
Annual instalment activity statement (GI)	gi
Business activity statement - BAS (GA)	ga
cug - Change details - Non-individual entities (PLS CUDTL)	cug
cud - Change or advise address for a client - Non-individual entities (PLS CUADDR)	cud
Fringe Benefits Tax (FBT) Return (EB)	fbt
Instalment activity statement (GB)	gb
Notification of Formation of a Consolidated Group (ex)	ex
cuj - Returns not necessary - Non-individual entities (PLS CURNN)	cuj
Standalone interposed entity election/revocation schedule (YY)	yy

MYOB worksheets

MYOB worksheets for dissection and record-keeping purposes only. Worksheets are not lodged with a return.

Description	Acronym
Base rate entity eligibility tests worksheet (bre)	bre
Capital gains worksheet (g)(select Populate BW to add the ATO CGT schedule BW)	g
Capital works deductions worksheet (sbw)	sbw
Consolidation eligibility (head) (ce)	ce
Consolidation eligibility (subsidiary) (ces)	ces
Consolidated Group Membership Register (cgm)	cgm
Consolidated Group Transferred Tax Losses schedule (ctl)	ctl
Consolidation Losses Worksheet (clw)	clw
Depreciation worksheet (d)	d
Distributions from partnerships worksheet (dip)	dip
Distributions received from trusts worksheet (dit)	dit
Early stage investor offset worksheet (esi)	esi
Early stage venture capital limited partnership (ESVCLP)	esv
Franking Account Worksheets	far
FFranking Account Worksheetss	xfa
Franking Deficit tax offset worksheet (fdt)	fdt
Foreign income worksheet (for)	for
Forestry managed investment scheme worksheet (fms)	fms
Gross dividends worksheet (div)	div
Intangible/Tangible depreciating assets worksheet (it)	it
Interest Income worksheet (int) - Entities	int
Interest on early payments worksheet (epi)	epi
Interest on no-TFN tax offset worksheet (ito)	ito
Interest Paid on Loans (hcx)	hcx
Landcare and water facility tax offset (lcr)	lcr
Losses Transferred in, out or Carried Forward (hi3)	hi3
Motor vehicle worksheet (mve)	mve
Non-Refundable carry forward tax offsets worksheet (ncf) (Calculation statement - label D)	ncf
Non-Refundable non-carry forward tax offsets worksheet (nro) (Calculation statement - label C)	nro
Non-refundable R&D tax offset carried forward from previous year worksheet (rdc)	rde
Other Addition Items worksheet (add)	add
Other deductions worksheet (otd)	otd
Other gross income worksheet (ogi)	ogi
Other Subtraction Items worksheet (sub)	sub
PAYGI Instalment Rate and GDP adjusted calculations	xPC
Prior year losses worksheet (pyl)	pyl
Refundable tax offsets worksheet (rto) (Calculation statement - label E)	rto
Rental Schedules (ren, rep and RNTLPRPTY)	ren
Small business entity depreciating assets worksheet (sda)	sda
Small business entity eligibility tests worksheet (sbe)	sbe

Processes for company returns

Complete a What-if PAYG income instalment estimate by selecting Preparation > Schedule > pgC. See PAYG Instalment Income Worksheet (pgC) - Form C.

You can import values from the current income year's return or the two immediately prior year returns.

Other processes performed for returns include: