LodgeiT

Question: Should I put Super Contributions paid to employees in the "Payments to associated persons" under Financial Information Tab? Answer: I...

The ATO introduced two measures to support small businesses, the Small Business Technology Investment Boost and the Small Business Skills and Training Boost...

For Company Tax Return (CTR), your only option is to input the figures in the field via "Profit & Loss" Income You can only breakdown the am...

Question: The tax rate is calcualated at 30% whereas rate should be 25% of the small business return. How am I able to edit the rate? Solution: Please enab...

Here is the detailed process on how to prepare a nil Company Tax Return 1.  Add a CTR form, choose the year and click "Create & Prefill" butt...

Illustration: The business has $108,972 Carry FORWARD loss at box "13U-Tax losses carried forward to later income years", and it needs to carry ba...

Question:  Where to add "Dividend" and "Interest" schedule where we disclose the interest and dividends we have paid to investors/lender...

Employee share scheme (ESS) details are typically reported in the individual tax returns of employees rather than directly in the company tax return. Howeve...