Add pools and assets directly into the tax returns.
You can seamlessly migrate existing assets if you’ve used our depreciation tool before. LodgeiT will map pools and assets to their appropriate sections on the tax return, eliminating the need for manual entry.
Supported tax returns
- Individual Tax Returns (ITR) - from 2022 onwards
- Company Tax Returns (CTR) – from 2022 onwards
- Trust Tax Returns (TRT) – from 2024 onwards
- Partnership Tax Returns (PTR) – from 2024 onwards
- Self-Managed Super Fund Annual Returns (SMSFAR) – from 2024 onwards
Learn more from this guide Migrate Tax Depreciation into Tax Returns
Quick asset entry
Easily add new assets on a single screen for a faster, more efficient workflow.
Add Worksheet
Can be fill manually
or import from "Tools"
Note:
When running the Depreciation Migration, it's important to note that only assets purchased before the end of the 2023 financial year (FY) will be migrated. Any assets acquired after this period will not be included in the migration process.
Additionally, tax forms no longer sync automatically with the depreciation tool. This means users must manually ensure that depreciation data aligns with their tax reporting requirements. Therefore, for assets that were not migrated, users should manually add them as new assets directly in the tax form.