General Tax Knowledge
The way the forms work is that the accounting-related dividend facts are for reconciliation purposes. Tax-related dividend facts must be added separately. P...
Tue, 29 Sep, 2026 at 11:39 AM
Losses are transferred when new report for the next year is created. Also user can rollover anytime from previous year using Rollover button. Currently Cap...
Wed, 14 Oct, 2026 at 10:27 AM
For small businesses (turnover < $10 million) we suggest using simpler depreciation methods. Essentially, you get to write-off all assets that are not fi...
Tue, 29 Sep, 2026 at 12:11 PM
Lodgeit supports both cash and accrual accounting methods for tax reporting, allowing flexibility based on entity type and ATO requirements. Learn more Cash...
Tue, 29 Sep, 2026 at 12:11 PM
How to flow dividends through an interposed trust to individual human beneficiaries. Illustration 2: Company has a profit of $100, pays tax of $27...
Mon, 2 Jun, 2025 at 10:35 AM
Illustration 1: This video show the flowing dividends as a dividend payment to a trust shareholder and the trust distributing the dividends on to another c...
Mon, 2 Jun, 2025 at 11:54 AM
Question: I want to carry back the loss of FY 2019-2020 to offset profit in FY 2018-2019. How it is done in Lodgeit? Answer: From a timing perspective, th...
Tue, 29 Sep, 2026 at 12:11 PM
NOTE: The loss carry back is only until Year 2023, learn more here "Loss carry back tax offset" calculation. Here is the article from ATO: ...
Tue, 4 Nov, 2025 at 1:54 PM
NOTE: The loss carry back is only until Year 2023, learn more here **Loss carry back rules can only be used in the 2021-onward form. ATO guide Loss c...
Tue, 4 Nov, 2025 at 1:54 PM
NOTE: The loss carry back is only until Year 2023, learn more here Click here to learn more about Loss carry back tax offset tool from the ATO guide ...
Tue, 4 Nov, 2025 at 1:52 PM