Some of the main changes in Microtax 2023 as specified by the ATO are as follows:

Form EI:
• C1 Credit for interest on early payments – data field removed:
— Amount of interest.
• P12 Small business boost – new data fields:
— Small business skills and training boost.
— Small business technology investment boost.

Form EC:
• 7 Reconciliation to taxable income or loss – new data fields:
— Small business skills and training boost.
— Small business technology investment boost.
• 13 Losses information – new data fields:
— Tax loss 2022-23 carried back to 2018-19.
— Tax loss 2022-23 carried back to 2019-20.
— Tax loss 2022-23 carried back to 2020-21.
— Tax loss 2022-23 carried back to 2021-22.
— Tax rate 2021-22.
— Net exempt income 2021-22.
— Income tax liability 2021-22.
— Aggregated turnover 2021-22 range.
— Aggregated turnover 2021-22 amount.
• Calculation statement – data field removed:
— H1 Credit for interest on early payments – amount of interest.

Form EP:
• 52 Small Business Boost – new data fields:
— Small business skills and training boost.
— Small business technology investment boost.

Form ET:
• Front Cover (part 4) – new data field:
— Do you own shares that are referable to a sub-fund within the same CCIV as you?
• 7 Credit for interest on early payments – data field removed:
— Amount of interest.
• 52 Small Business Boost – new data fields:
— Small business skills and training boost.
— Small business technology investment boost.

Form MS:
• Calculation statement – data field removed:
— H1 Credit for interest on early payments – amount of interest.