Schedules

About the company schedules

Complete only one copy of each appropriate schedule.

Attach all completed schedules to Company tax return 2022 unless specified otherwise.

Lodge your tax return and all the required schedules by the due date.

• If you lodge your tax return without all the required schedules, we may not consider it to have been lodged in the approved form.
• If you do not lodge your tax return and all schedules by the due date, you may be charged a penalty for failing to lodge on time.

Companies that were subsidiary members of consolidated or MEC groups during only part of the income year and that are lodging a company tax return for a period they were not a subsidiary member of any group (non-membership period) must complete all relevant schedules for the non-membership period if required by the following instructions.

Schedule of additional information

Where we refer to a schedule of additional information, you must record any additional information on a separate sheet of paper and attach it to the tax return.

Dividend and interest schedule

Every company (see Annual investment income report) must lodge a Dividend and interest schedule 2022 showing:

• the names, addresses, dates of birth and tax file numbers (TFNs) or Australian business numbers (ABNs), where quoted, of all shareholders (including employee shareholders in a consolidated or MEC group) to whom dividends, or deemed dividends, have been paid during 2021–22 (or approved substituted accounting period)
• the amount of dividend paid to each shareholder, and any franking credits for that amount (you show unfranked dividends that are and are not declared to be conduit foreign income at separate items)
• the names, addresses, dates of birth and TFNs or ABNs, where quoted, of all investors, other than those investors in the business of providing business or consumer finance, to whom interest of $1 or more was paid or credited during 2021–22 (or substituted accounting period), and the amount of interest paid or credited to each person
• nil returns are not required.

Consolidated and MEC groups

Consolidated and MEC groups do not include:

• dividends paid under a demerger unless the head entity of the demerger group elected under subsection 44(2) of the Income Tax Assessment Act 1936 (ITAA 1936) to treat those dividends as assessable income
• dividends paid by one member to another within a consolidated or MEC group
• interest paid by one member to another within a consolidated or MEC group.

Consolidated and MEC groups include interest paid or credited by a subsidiary member of a consolidated or MEC group to an investor outside the group.

If a subsidiary member of a consolidated or MEC group must lodge a company tax return for any non-membership periods during the year of income, that company must also lodge a schedule showing the above details for dividends or interest paid during the non-membership periods.

Annual investment income report (AIIR)

If Division 393 of Schedule 1 to the Taxation Administration Act 1953 requires you to lodge an AIIR for 2021–22 containing the above details, you do not need to lodge a Dividend and interest schedule.

Lodging the schedule

You can lodge the schedule with the company tax return or under separate cover. You must lodge it by the due date for lodgment of the company tax return for companies whose income year ends on 30 June 2022. Companies with an approved substituted accounting period must lodge their schedule by 31 October 2022 or the due date for lodgment of their company tax return, whichever is later.

If you are lodging your schedule separately from your Company tax return, complete the Taxpayer's declaration section.

Capital gains tax (CGT) schedule

Companies that have one or more CGT events during the income year must complete a Capital gains tax (CGT) schedule 2022 and attach it to the Company tax return 2022 if:

• total current year capital gains are greater than $10,000, or
• total current year capital losses are greater than $10,000.

The head company of a consolidated or MEC group must complete a Capital gains tax (CGT) schedule 2022 if the total current year capital gains or the total current year capital losses that it makes (as head company of the consolidated or MEC group and while not a member of a consolidated or MEC group) are greater than $10,000.

If a subsidiary member of a consolidated or MEC group must lodge a company tax return for any non-membership periods during the year of income, then that company may also need to lodge a Capital gains tax (CGT) schedule 2022 for the non-membership periods.

The Guide to capital gains tax 2022 will help you complete the CGT schedule. It includes:

• a capital gain or capital loss worksheet for calculating a capital gain or capital loss for each CGT event
• a CGT summary worksheet for calculating a net capital gain or net capital loss for the income year
• the CGT schedule.

Losses schedule

Complete and attach a Losses schedule 2022 if your company does not need to submit a Consolidated groups losses schedule 2022 and if any of the following apply:

• it has total tax losses and net capital losses carried forward to later income years greater than $100,000
• it can only deduct a tax loss or apply a net capital loss in the income year or a later income year if the business continuity test has been satisfied (The 'same business test' and the 'similar business test' are collectively known as 'business continuity test', for more information, see How to claim a tax loss)
• having passed the continuity of ownership test, it deducted tax losses and applied net capital losses totalling more than $100,000
• it has a changeover time that occurred after 1.00pm by legal time in the ACT on 11 November 1999 and determined that it has an unrealised net loss as defined in the provisions of Subdivision 165-CC of the Income Tax Assessment Act 1997 (ITAA 1997)
• it is a life insurance company and the total of complying superannuation class tax losses and net capital losses carried forward to later income years is greater than $100,000
• it has an interest in a CFC that has 2021–22 CFC losses greater than $100,000
• it has an interest in a CFC that has deducted or carried forward a loss to later income years greater than $100,000.

If the company is required to complete a Losses schedule 2022, transfer the totals of the amounts at Part A of the losses schedule to U and V item 13 on the Company tax return 2022. For more information, see Losses schedule instructions 2022.

If a company needs to complete a losses schedule under the above criteria, it may also need to complete a CGT schedule. For more information, see Guide to capital gains tax 2022.

If a subsidiary member of a consolidated or MEC group must lodge a company tax return for any non-membership periods during the year of income, that company may also need to lodge a Losses schedule 2022 for the non-membership periods.

Consolidated groups losses schedule

A head company of a consolidated group or MEC group must complete a Consolidated groups losses schedule 2022 and lodge it with the Company tax return 2022 if any of the following apply:

• the total of the group’s tax losses and net capital losses carried forward to later income years is more than $100,000
• the total tax losses and net capital losses transferred from joining entities is more than $100,000
• the total of its deducted tax losses and applied net capital losses is greater than $100,000
• it has an interest in a CFC that has current year losses greater than $100,000
• it has an interest in a CFC that has deducted or carried forward a loss to later income years greater than $100,000
• it is a life insurance company or is treated as a life insurance company under subdivision 713-L of the ITAA 1997, and the total of complying superannuation class tax losses and net capital losses carried forward to later income years is greater than $100,000.

Transfer the totals of tax losses carried forward and net capital losses carried forward in Part A of the Consolidated groups losses schedule 2022 to U and V item 13 Losses information on the Company tax return 2022.

For more information, see Consolidated groups losses schedule instructions 2022.

If a head company needs to complete a Consolidated groups losses schedule 2022, it might also need to complete a Capital gains tax (CGT) schedule 2022 (NAT 3423). For more information, see Guide to capital gains tax 2022.

Non-individual PAYG payment summary schedule

Pay as you go (PAYG) withholding applies to several withholding events including:

• payments for a supply where no ABN is quoted
• payments arising from investments where no TFN or ABN is quoted
• certain payments to foreign residents described in the Taxation Administration Regulations 2017External Link (sections 31–33 have foreign resident withholding provisions) and former Taxation Administration Regulations 1976 (regulations 44A–44D have foreign resident withholding provisions).

If the company has had an amount withheld from payments covered by PAYG withholding, the payer should have given the company a payment summary. A payer may issue a receipt, remittance advice or similar document in place of the approved form. If the company did not receive or has lost its copy of the payment summary, contact the payer responsible and request a signed photocopy of the payer’s copy.

Complete a Non-individual PAYG payment summary schedule 2022 if your company has an amount at:

• Income, A Gross payments where ABN not quoted item 6
• Income, B Gross payments subject to foreign resident withholding item 6 (except where the amount is from partnership or trust distributions)
• H2 Credit for tax withheld – foreign resident withholding in the Calculation statement
• H3 Credit for tax withheld where ABN is not quoted in the Calculation statement.

Income subject to foreign resident withholding that has been included in a distribution received by the company from a partnership or trust is declared at Income, D Gross distribution from partnerships item 6 or Income, E Gross distribution from trusts item 6. However, a Non-individual PAYG payment summary schedule 2022 is not required for these distributions because they do not have an associated payment summary.

Completing the Non-individual PAYG payment summary schedule 2022

Print the company’s TFN and name in the appropriate boxes at the top of the schedule.

From each PAYG payment summary – withholding where ABN not quoted and PAYG withholding from foreign residents – payment summary, record on the Non-individual PAYG payment summary schedule 2022:

• the appropriate letter for your type of withholding; F for foreign resident withholding, or N for withholding where an ABN is not quoted
• payer’s ABN (or withholding payer number)
• total tax withheld
• gross payment
• payer’s name.

When you have copied the details from all the payment summaries to the schedule, attach the schedule to the Company tax return.

Do not attach copies of any payment summary to the company tax return; keep them with the company’s copy of the tax return. Keep a copy of the Non-individual PAYG payment summary schedule 2022 with the company’s tax records.

If a subsidiary member of a consolidated or MEC group must lodge a company tax return for any non-membership periods during the year of income, that company may also need to lodge a Non-individual PAYG payment summary schedule 2022 for the non-membership periods.

Reportable tax position (RTP) schedule

Companies must lodge a reportable tax position (RTP) schedule if they meet the RTP schedule lodgment criteria.

Where a company is required to lodge, you must select Yes at item 25 Are you required to lodge a reportable tax position schedule? on the Company tax return 2022 and complete a Reportable tax position schedule 2022 and attach it to the Company tax return 2022.

A reportable tax position is one or more of the following:

• Category A: a position that is about as likely to be correct as incorrect or less likely to be correct than incorrect
• Category B: a position in which uncertainty about taxes payable or recoverable is recognised or disclosed in the taxpayer’s financial statements or a related party’s financial statements
• Category C: a reportable arrangement.

For more information, see Reportable tax position schedule instructions 2022.

Research and development tax incentive schedule

All companies claiming a tax offset under the research and development (R&D) tax incentive must complete the Research and development tax incentive schedule 2022 and attach it to the Company tax return.

For information about how to complete the schedule, see the Research and development tax incentive schedule instructions 2022. A printed schedule provided by the Research and development tax incentive calculator will be accepted for lodgment with an original tax return or an amendment request.

If you have clawback amounts - additional assessable income but are not claiming a tax offset under the R&D tax incentive in this year of income, you are not required to complete the Research and development tax incentive schedule 2022. However, you will still need to calculate this amount and include it at W item 21 Clawback amounts – additional assessable income and at B item 7 Other assessable income. See Part B of the Research and development tax incentive schedule instructions 2022 for information about how you work out your clawback amount.

If you have a deductible balancing adjustment but are not claiming a tax offset under the R&D tax incentive in this year of income, you do not need to complete the Research and development tax incentive schedule 2022. However, you will still need to calculate this amount and include it at X item 21 Balancing adjustments - catch up deduction and at X item 7 Other deductible expenses. See Part B of the Research and development tax incentive schedule instructions 2022 for information about how you work out your deductible balancing adjustments - catch up deduction.

If a subsidiary member of a consolidated or MEC group must lodge a company tax return for any non-membership periods during the year of income, that company may also need to lodge a Research and development tax incentive schedule 2022 for the non-membership periods.

If you have requested an amendment

If your company has requested an amendment that includes changes to its R&D claim, you must complete a Research and development tax incentive schedule 2022 showing the amended figures. Send this schedule, with a letter requesting the amendment, to:

Australian Taxation Office
PO Box 3004
PENRITH  NSW  2740

International dealings schedule

Where the relevant information is reported in the company tax return you must complete and attach an International dealings schedule 2022 to the Company tax return.

If a subsidiary member of a consolidated or MEC group must lodge a company tax return for any non-membership periods during the year of income, that company may also need to lodge an International dealings schedule 2022 for the non-membership periods.

Thin capitalisation rules

If your company is subject to the thin capitalisation rules, see item 27 and Appendix 3, you must complete and attach an International dealings schedule 2022 to the Company tax return.

For more information, see:

• International dealings schedule instructions 2022
• PCG 2020/7 Arm's length debt test – ATO compliance approach

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