The following topics are available for information on Consolidations:

• Consolidated Groups Losses Schedule (BX)

• Notification of Members joining or leaving a Consolidated Group (bn)

• Consolidation eligibility tests (ce and ces) to assist you in streamlining the Consolidation process:

  • Head Company Eligibility tests worksheet (ce)

  • Subsidiary Company Eligibility tests worksheet (ces)

• Consolidated Group Membership Register (cgm)

• Consolidation Losses Worksheet (clw)

• Consolidated Losses Utilisation Worksheet (clu)

• Consolidation Group Profile

The Consolidations area is very complex. Simplifying matters, to better understand them, we can identify three basic tasks:

1. Decide whether the entities are eligible to Consolidate

2. Perform the Asset Revaluation

3. Deal with the Losses and Loss Bundles on Consolidation

Further information about the consolidation measures, including the Consolidation reference manual, click this link for the current year information on the ATO website.