The TaxAuditor software is suitable for accountants and tax agents who require an automated solution that prepares detailed calculations for multiple years and multiple clients, and which covers important tax topics and some ATO forms not covered by the general Practitioner Lodgement Service (PLS). The TaxAuditor software is a desktop application that runs only on the Windows operating system.
TaxAuditor covers a range of 20 general tax topics focussed on small and medium-sized clients operating as individuals, partnerships, companies, or trusts.
Toolkits for each tax topic may contain calculators, decision trees, reporting tools, ATO forms or graphs. Useful hints and tax tables are easily accessible alongside various calculators. The calculators provide for a range of essential tax topics, covering multiple years and multiple clients. Complex calculations are performed with lightning speed, leaving a detailed tax audit trail of the steps and calculations followed.
Calculators are available for multiple years and tax table data are shown alongside calculations. Hints and strategies are provided where possible next to the screen data inputs or outputs.
There are number of ATO forms which cannot be lodged using the PLS system. TaxAuditor automates any supporting calculations and the form filling (but does not include the direct submission of data to the ATO).
For the CGT concession stakeholder calculation, there are tools to create structure diagrams, and the tax calculations are automated based on the structure designed. The salary packaging toolkit makes use of graphical analysis.
