What’s a schedule?

Schedules are effectively additional tax returns within your main tax return that require specific information and preparation.

Examples of schedules include: depreciation schedules, capital gains schedules, investment schedules and rental schedules.

As is often the case, clients may have multiple schedules for the same type. For example, you may have two investment properties and would therefore be receiving two revenue streams of income and corresponding expenses. These will need to be prepared as separate schedules as each property or investment needs to be assessed individually.