Recent Q & A

Payment Reference Number (PRN)
Question: We have a number of cases where prefilled BAS BPAY payment reference number in lodgeIT form is different from what is stated in ATO portal. Looks ...
Thu, 10 Feb, 2022 at 8:42 AM
Future-year return
In LodgeiT, you can lodge future-year income tax returns. Future-year lodgments must be made no later than 15 June. If you miss it, you must start again fr...
Wed, 17 Apr, 2024 at 6:58 AM
"Decrease in Interest"
"Decrease in Interest" should  manually add Interest amount in "Gross Interest" section as tax facts to make the difference amount to ze...
Tue, 24 Oct, 2023 at 7:59 AM
Payment Option / Payment Slip
You can find the Payment Options at the end/bottom page of the form (once the form has been sent for e-sign).  You may also see it to your  copy via "...
Fri, 11 Mar, 2022 at 10:41 AM
PSI Bonus from CTR Transfer to ITR
Question: How to transfer the PSI bonus from a company tax return to the individual tax return. Is there some way we can flag this on the chart of accounts ...
Fri, 22 Apr, 2022 at 11:48 PM
"Estimate" tab
The estimate is not visible to the ATO. An estimate is provided for benefit of the LodgeiT system and the clients. Example on how it calculates:
Mon, 24 Oct, 2022 at 9:20 AM
Capital Gains "Exemption or rollover code"
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
Capital Gain (CGT) - Main Residence Exemption
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
How to correct the TFN of the "Lodged" form?
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
How to calculate "Tax Free Threshold"?
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