Recent Q & A
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
Question: I have a client and she had a couple of CGT Events in the 2020 year. On one of them we wish to claim the main residence exemption as per the sc...
Sat, 25 Mar, 2023 at 1:46 PM
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
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
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
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
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
Question: Which section of the beneficiary tax return form should user put the requested refund amount for paid CGT Withholding payment? Answer: When c...
Tue, 24 Sep, 2024 at 10:35 AM