Losses schedule (BP)

The Losses schedule (BP) must be lodged with the income tax return for companies, funds and trusts where there is a loss amount recorded at any of the losses labels and the total of those tax losses and capital losses exceeds $100,000. For the latest full instructions refer to the ATO Losses schedule instructions (NAT 3425), available on the ATO website.

If the schedule is not lodged with the income tax return you are required to sign and date page 4 of the schedule.