Fund return

https://help.myob.com/wiki/x/OjSEAQ

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See the ATO website for:

Data entry

The fund return (Form EF) is presented for data entry on a set of tab cards:

ATO schedules

Schedules that can be completed and lodged with the return:

Description	Acronym
Amendment schedule (amd)	amd
Capital gains schedule (BW) (or select Populate BW in the Capital gains worksheet (g))	bw
Losses schedule (BP)	bp
Other attachments schedule (att) (A)	att
Payment summary schedule (PS)	ps

ATO forms

Standalone forms associated with the fund:

Description	Acronym
Add or delete a client – Non-individual entities (CUREL)	cub
Annual GST return	gr
Annual instalment activity statement	gi
Business activity statement	ga
Change details – Non-individual entities (CUDTL)	cug
Change or advise address for a client – Non-individual entities (CUADDR)	cud
Fringe benefits tax return (EB)	fbt
Instalment activity statement	gb
Returns not necessary – Non-individual entities (CURNN)	cuj

MYOB worksheets

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

Description	Acronym
Capital gains worksheet (select Populate BW to complete the BW from calculated values in the capital gains worksheet).	g
Capital works deductions worksheet	sbw
Depreciation worksheet (d)	d
Distributions from partnerships worksheet	dfp
Distributions from Trusts worksheet	dft
Gross dividends worksheet	div
Interest on early payments worksheet	epi
Early stage investor offset worksheet (esi)	esi
Early stage venture capital limited partnership (ESVCLP)	esv
Exploration credits worksheet	exc
Forestry managed investment scheme worksheet	fms
Foreign income worksheet	for
Interest income worksheet	int
Interest on no-TFN tax offset worksheet	ito
Motor vehicle worksheet	mve
Net non-arm's length income worksheet	nai
Other deductions worksheet	otd
Other income worksheet	oti
PAYG instalment income worksheet	xPF
Prior year losses worksheet	pyl

Processes for the SMSF

When you select F4 a formal Estimate of the SMSF’s tax liability for the current and subsequent year is prepared. You can Preview or Print this estimate.

Additionally, you can prepare a PAYG Income tax Instalment worksheet from Preparation > Schedule > xPF - PAYGI (Instalment estimate) for an audit trail of how we arrived at the result.

If the current year return has been completed you can pre-fill the worksheet with those values. If not lodged or the ATO has not yet issued the first quarterly instalment notice, you can use the values from either of the two immediate prior years. However, you must use the values from most recently lodged of those two prior year returns.

You can also manually key values or alter pre-filled values where that value is editable. This is helpful for calculating What-if scenarios.

Other processes performed include:

Related topics

Income tax returns

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Data entry

Processes for the SMSF

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Returns

Activity Statements

Forms and Schedules

Using MYOB AE/AO Tax