Small business tax offset from Partnership Tax Return to Individual Tax Return

Modified on: Tue, 21 Oct, 2025 at 1:32 PM

Small Business Tax Offset is not showing on the partners individual tax return.

Activate "Small Business indicator" via the ITR.

1. Activate "Business" via Manage Sections

2. Via "Business" tab, select "Business Income & Expenses"

3. Scroll through the part "Small business income" and set it to "YES"

You can use the Small business income tax offset calculator provided by the Australian Taxation Office (ATO). This tool helps you calculate the amounts to enter for the small business income tax offset section in your tax return.

Did you find it helpful? Yes No