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Company tax instructions 2016

These instructions will help you complete the Company tax return 2016 (NAT 0656).

Last updated 23 February 2021

About these instructions

These instructions will help you complete the Company tax return 2016 (NAT 0656).

The instructions include:

  • information about the schedules that companies might need to complete and attach to their tax returns
  • details of record-keeping requirements
  • instructions about how to complete each label on the company tax return.

This guide is not available in print or as a downloadable PDF document

Information for consolidated and multiple entry consolidated (MEC) groups

This text applies to consolidated and multiple entry consolidated (MEC) groups.

End of example

When we say you or your business in these instructions, we mean either you as a business entity (the company) that conducts a business, or you as the tax agent or public officer responsible for completing the tax return.

These instructions are not a guide to income tax law. Ask for help from the ATO or a recognised tax adviser if you feel that these instructions do not fully cover your circumstances.

Publications and services

To find out how to get a publication referred to in these instructions and for information about our other services, see Publications.

Introduction

Schedules

General information

Company information

1. Ultimate and immediate holding company name and ABN or country code

2. Description of main business activity

3. Status of company

4. Interposed entity election status

6. Calculation of total profit or loss

6. Income

6 - Expenses

7. Reconciliation to taxable income or loss

8. Financial and other information

9. Capital allowances

10. Small business entity simplified depreciation

11. Consolidation deductions

12. National rental affordability scheme tax offset entitlement

13. Losses information

QC48080