LodgeiT

For sole traders SBE amount can be adjusted when you enable SBE indicator on "business income & expenses" page. Please mark small business...

The "Business" tab in the ITR-Individual Tax Return is an area if an individual needs to report an income and expenses for the business. Note: &q...

In this article: Item J- PSI cannot be negative Net PSI Loss Amendments relating to personal services income Net PSI loss reduces overall table income....

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

Make sure to activate "Business" via Manage section. Via "Business Income & Expenses", scroll through P8. "Assessable gover...

Cashflow Boost is under a "Government Industry Receipts" and  its tax free -  classify as Grants   Tax form view Income Tab LodgeiT will r...

Livestock report is stored in the tax form. It can be used as a working paper to compute average cost and closing inventory value. To learn more about the ...

There are a few conditions for depreciation to be filled automatically on this page: LodgeiT doesn't support financial statements or depreciation...

Question:  Why the prefill is going into PSI and not just other labour income in normal business income P8 - labour hire."? Answer: ATO prefill report...

Illustration: Temporary full expensing has been entered for a sole trader under P11, but the payable amount remains unchanged before and after including the...