MYLEDGERTax preparation & working papers
Individual tax estimate
Estimate tax payable for resident individuals in working papers and tools.
The problem it solves
Clients want to know what they are likely to pay before the return is finalised.
How it works
- Enter or draw the taxable income.
- MYLEDGER estimates tax payable.
- Use it in advice and working papers.
What your practice gets
- Quick tax estimates.
- Used across working papers.
- Supports client conversations.
Questions accountants ask
Is it final?
No. It is an estimate.
Is it for residents only?
Yes, resident individuals.
Does it give advice?
No. It supports your professional judgement. Check current ATO guidance and legislation for rates and rules.
Related features
Features that work alongside individual tax estimate.
Tax return label report
Map the ledger to ATO tax return labels with drill-down, so return figures trace back to transactions.
VideoATO small business benchmarks
Compare a client's ratios with published ATO small business benchmarks for their industry, with risk indicators and trends.
Working papers hub
One tabbed page per client for year-end schedules: checklist, GST, tax return labels, depreciation, amortisation, Division 7A, FBT, investment income, distributions, franking, dividends, SMSF and more.
VideoBook-to-tax reconciliation
A book-to-tax working paper for each year that bridges accounting profit to taxable income.
Year-end tax checklist
An entity-specific tax checklist for each year, with attachments, reset and a follow-up email to the client.
Depreciation register
An asset register with ATO effective-life rates, calculations, roll-forward to the next year, opening balances and journals you can post or undo.
See it working in your practice.
Start with one workflow and adopt more of the connected practice system over time. Your team reviews and approves the work.
14-day free trial. A payment method is required to start. Your paid subscription starts automatically when the 14 days end; cancel during the trial and you pay nothing. After the trial, a 6-month minimum term applies, then month-to-month. Commit to 12 months up front and the monthly price is 20% lower. See pricing.