At Netwealth we provide a number of tax tools that help you manage the busy end of financial year activities.

1. Claim tax deductions online

You can initiate a Section 290 – 170 Tax Deduction online, saving you from submitting the ATO form to Netwealth.

To do so, login and navigate to Transactions > Claim Tax Deduction and specify the amount to claim or choose the maximum deduction based on contributions you've made during the current or prior financial year.

2. Track the status of your Wrap Service Tax Statement 

Our Tax Tracker tool gives you the ability to see what assets are required to provide their tax information to enable us to finalise and generate your Wrap Service tax statement. 

To check the status of your Wrap Service tax statement:

1. Navigate to Reports & Statements >  choose an account > click Statements
2. If your tax statement is shown as ‘pending’, click the link and  you will be presented with an alert similar to the below detailing which information remains outstanding:

To learn more or organise a demo, contact us.