Property Investor Annual Compliance Pack Non GST Fixed Trust Magnate


Residential Property Investor Accounting & Taxation Annual Compliance Pack Non-GST Fixed Trust Magnate Pack

Suitable for passive Property Investment Fixed Trusts that are not registered for GST. Perfect for private pooled investments with three residential rental properties – set and forget compliance for only $79 per month (conditions apply).

Package includes:

  • Preparation of the annual financial accounts for the Trust
  • Preparation of the end of year member distributions statements for the Trust
  • Preparation and lodgment of the end of year Rental Income Schedule for the Trust
  • Preparation and lodgment of the annual Australian Trust Income Tax Return
  • Preparation of the annual Special Purpose Financial Report incorporating Special Purpose Financial Statements

Package prerequisites:

  • Taxpayer must be non-registered for GST (and meet legislated turnover requirements for maintaining non-registered for GST status)
  • Standard fixed entitlement trusts only (no hybrids or special trusts)
  • Closely held trusts only (no reporting entities)

Initial Requirements:

  • Access to prior year information, including: latest lodged Tax Return and Associated Schedules, Balance Sheet information (where applicable), and other information as required
  • Taxpayer information, such as TFN, ABN, Trading Name, Banking Details, Member Details, etc
  • Carry forward information such as Depreciation data, Finance Information, etc.

Ongoing Requirements:

  • Information re: classification of transactions required
  • Property Manager Statements, Bank statements, Loan statements, Credit Card Statements, etc
  • Documentation associated with Capital Acquisitions/Disposals (e.g. purchase contracts, invoices)
  • Information about mixed transactions or changes in usage
  • Relevant trustee and member resolutions

Package Limitations:

  • Maximum of 3 rental properties owned by the trust (i.e. multiple tenancies treated as separate properties)
  • Maximum of 5 accounts used by the trust (i.e. bank accounts, loan accounts, credit cards, etc)
  • Excludes all non-standard additional compliance requirements such as foreign exchange transactions translation, business restructuring adjustments, Capital Gains Tax calculations upon sale of property, and other isolated events (subject to add-on charge at end of year at standard professional rates)
  • Excludes advice fees for additional out-of-scope services, such as personal tax returns of members, etc (subject to add-on charge at standard professional rates as required)
  • Excludes amounts payable to the ATO, ASIC or other regulators, etc
  • Minimum 12 month subscription applies
  • Maximum 1 years reporting (i.e. financial accounts, rental schedule, annual tax return, etc) per 12 month subscription
  • Payment only by pre-approved automated recurring monthly billing (via PayPal) or 12 months non-refundable prepaid via BPAY
  • Subject to Property Investor Annual Compliance Fixed Fee Package Engagement Terms & Conditions.

How to order:

  • Step 1: Process recurring monthly payment authority via PayPal using the button below

    or contact us to arrange for payment by BPay

  • Step 2: Complete and Submit Registration Form
  • Step 3: Await contact from us regarding further information if required