Error: Reporting Entity - Annual Turnover must be supplied.

Tax Form: Company Tax Return

Solution: It says - Reporting entity - Annual turnover must be supplied if the answer to both 'Do you have exempt entity ownership of 50% or greater' and 'Do you have an aggregated turnover of $20 million or greater?' are FALSE.

Also, there is the description of error - "Reporting entity - Annual turnover must be provided if the answer to both 'Do you have exempt entity ownership of 50% or greater' question and 'Do you have an aggregated turnover of $20 million or greater' question are answered 'NO'"

 The error appears when both these conditions are NO/FALSE. In your case both answers are NO/FALSE, i.e.

  • Do you have exempt entity ownership of 50% or greater? - answer NO/FALSE
  • Do you have an aggregated turnover of $20 million or greater? - answer NO/FALSE

So, according to validation error you should fill Reporting party - Annual turnover field.