Recent Q & A

Future-year return
In LodgeiT, you can lodge future-year income tax returns,  Future-year returns can only be used in specific scenarios, learn more from the ATO future year ...
Thu, 21 Nov, 2024 at 6:57 AM
Payment Option / Payment Slip
Make sure to tick "Payment options" via "Print Options" Also, Once the form has been signed, you can have a copy via "...
Thu, 28 Nov, 2024 at 6:39 AM
PSI Bonus from CTR Transfer to ITR
Question: How to transfer the PSI bonus from a company tax return to the individual tax return. Is there some way we can flag this on the chart of accounts ...
Fri, 22 Apr, 2022 at 11:48 PM
"Estimate" tab
The estimate is not visible to the ATO. An estimate is provided for benefit of the LodgeiT system and the clients. Example on how it calculates:
Mon, 24 Oct, 2022 at 9:20 AM
Capital Gains "Exemption or rollover code"
Exemption or rollover code is just the statistical field that goes to ATO and doesn't affect the calculation.
Thu, 11 Aug, 2022 at 1:09 PM
How to correct the TFN of the "Lodged" form?
If the TNFs were confused, the user should contact the exceptions area of the ATO (Phone Number: 1300 146 094, fast key code 103#) to resolve this situation...
Sat, 3 Sep, 2022 at 2:19 PM
How to calculate "Tax Free Threshold"?
Question: How to calculate "Tax Free Threshold"? Answer: Lodgeit’s calculation acounts tax for Working Holiday Maker (WHM). Learn more here How T...
Fri, 9 Sep, 2022 at 10:23 AM
Negative Gearing - Rental Property
Question: Do you also have any guides on negative gearing. My wife and i have an AirBNB but our normal accountant usually takes about 6-8 months to get arou...
Thu, 20 Oct, 2022 at 6:11 PM
Historical Forms
Question: Could you please advise whether LodgeIT has the facility for importing the tax returns from other software/platrform? Answer:  If your client wa...
Thu, 27 Oct, 2022 at 12:05 PM
SBE: Franking Credit
The calculation of the "Franking Credit" via LodgeiT "Tools" is also base if the Small Business Entity (SBE) is activated or not. Il...
Fri, 13 Oct, 2023 at 11:17 AM