Estate Tax Return Services – Newcastle, NSW

Managing a Deceased Estate? We Can Help.

If you’re an executor, administrator or family member dealing with a deceased estate — you may need to lodge one or more tax returns on behalf of the deceased and/or estate.

At Bottrell Accountants Newcastle, we handle estate-related tax matters with care, clarity, and full ATO compliance.

📌 We’ll help you understand your responsibilities, ensure everything is correctly lodged, and avoid unnecessary tax or penalties.

What is Estate Tax Return?

✅ Final Individual Tax Return (“Date of Death” Return) – income earned up to the date of death
✅ Estate Trust Tax Returns – for any income earned by the estate (e.g. rental income, interest, dividends) after death
✅ Ongoing Estate Returns – if the estate is not distributed within the same financial year
✅ Capital Gains Tax Reporting – on property, shares or other assets sold or transferred
✅ Tax Clearance – before distributing estate assets

Our Estate Tax Services

✅ Prepare & lodge final individual return (up to date of death)
✅ Apply for a Tax File Number (TFN) for the estate
✅ Lodge trust tax returns for the estate
✅ Handle ATO correspondence
✅ Calculate and report CGT on sale/transfer of assets
✅ Identify estate income, deductions & distributions
✅ Assist executors with tax clearance & finalisation
✅ Work with lawyers and estate administrators
✅ Fixed-fee estate return packages available

Who We Help

✔ Executors & administrators of estates
✔ Solicitors managing probate or letters of administration
✔ Families acting as next of kin
✔ Trustees of testamentary trusts
✔ Individuals unsure if a tax return is required
✔ Estates with rental income, investment assets or shares
✔ Estates involving deceased SMSF members or businesses

Why Use a Tax Agent for Estate Returns?

Pros:

✔ Accurate compliance with ATO laws
✔ Less stress during an emotional time
✔ We liaise directly with the ATO for you
✔ Avoid penalties or missed lodgement obligations
✔ Advice on CGT, superannuation death benefits & estate tax planning

Cons of DIY:
❌ Complex rules around dates, income and beneficiaries
❌ Potential for penalties if returns are lodged late or incorrectly
❌ CGT and trust rules often misunderstood
❌ Executors may be personally liable for errors

📌 We ensure everything is done correctly — giving peace of mind to all involved.

Newcastle Office Contact

📍 Bottrell Accountants – Newcastle Office
45 Hunter St, Newcastle, NSW, 2300
📞 Phone: (02) 4003 4808
📧 Email: newcastle@bottrellaccounting.com.au
🔗 Contact the Newcastle Team
🕒 Office Hours:
Mon–Fri: 7:30am–5:30pm
Saturday: 9:00am–2:00pm