Everything You Need for Efficient QA
Taxpartna combines intelligent automated checks with structured reporting to help your team identify potential issues faster — supporting your professional review process.
Tax Return Indicator
Base Rate Entity in ITR: Yes
Tax Rate Applied: 25%
Reasoning
The company received $688,841 as a distribution from The Smith Family Trust (ABN 000 000 000). After deducting $250 in formation cost depreciation, taxable income is $688,591. The passive income ratio is 100%, exceeding the 80% threshold. However, if the trust operates an active business, the distribution may not constitute passive income for Base Rate Entity purposes.
Explanation
Status set to REVIEW because 100% of income comes from a related family trust distribution. Trust distributions may not be passive if the trust operates an active business. Without confirmation of the trust's business activities, the 25% tax rate cannot be validated.
47+ Automated Checks
Taxpartna runs dozens of automated checks on every submission, flagging potential issues across the tax areas that matter most to Australian practitioners.
Entity Type Flagging
Flags potential entity type inconsistencies across tax obligations for your professional review.
Deduction Checks
Highlights claimed deductions that may warrant verification against current ATO guidance.
Risk Flag Detection
Identifies areas that may warrant closer attention based on common ATO audit focus points.
Benchmark Comparison
Compares figures against industry benchmarks to flag unusual entries for your review.
Cross-Reference Checks
Highlights potential inconsistencies across related schedules, returns and prior year comparisons.
Carried Forward Items
Tracks carried forward losses, franking credits and other running balances for verification.
Structured Findings
Beyond basic checks, Taxpartna provides structured reports that help your team quickly assess flagged items and apply professional judgment.
Structured Findings Report
Each check generates a structured report with flagged items and explanations for your assessment.
Priority Flagging
Items are categorised by potential significance so you can prioritise your professional review.
Discussion Point Identification
Surfaces areas that may warrant further client discussion — your expertise determines the next steps.
Plain Language Explanations
All flagged items are explained in plain language — easy to understand and assess.
Supporting Your Professional Review
Taxpartna is purpose-built to support your existing review workflow, not replace your professional judgment. The result: faster identification of items requiring your attention.
- Your professional sign-off supported by comprehensive automated checks
- Full audit trail of every QA check completed
- Consistent checking standards across all team members
- Faster identification of items requiring your attention
- Greater confidence that potential issues have been surfaced for review
- Supports knowledge sharing across your team
Sample Check Output
PAYG Withholding
No issues detected — appears reconciled
GST Reconciliation
Figures appear consistent with BAS lodgements
Depreciation Schedule
No pooling or rate issues flagged
Division 7A Loans
Flagged for review — verify minimum repayment
Trust Distribution
Flagged for review — confirm resolution date
CGT Discount
Ownership period appears to meet threshold
See the Workflow in Action
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