Instructions to complete items 33 to 36 in the tax return relating to key financial information for the trust.
33 All current assets
Print at label F All current assets all current assets of the trust including cash on hand, short-term bills receivable, inventories and trade debtors as shown at item 42 Trade debtors – label E.
34 Total assets
Print at label G Total assets all of the trust assets, including fixed, tangible and intangible assets, and all current assets as shown at item 33 All current assets – label F.
35 All current liabilities
Print at label I All Current liabilities the total obligations payable by the trust within the coming year; also include the amount shown at item 43 Trade creditors – label H.
36 Total liabilities
Print at label J Total liabilities all of the trust liabilities, including other creditors and deferred liabilities such as loans secured by mortgage and long-term loans; also include the amount shown at item 35 All current liabilities – label I.
Continue to: Business and professional items – items 37 to 52