LodgeiT

In the example below, taxable partnership income is $5,000 while equivalent accounting income is only $1,560, creating an increasing reconciling difference ...

In the example below, taxable trust income is $1,100 while equivalent accounting income is only $1,200, creating a decreasing reconciling difference of $...

Before attempting to complete a company tax return, be sure to complete the settings for the company. Failure to do so will result in form errors. Fill ALL...

Depreciation FAQ's Settings - Depreciation CTR Depreciation Video: Basics of Depreciation, including General Pool Depreciation Rules Depreciat...

You are a small business if you are a sole trader, partnership, company or trust, learn more HERE Company TAx Rates for small business entities Under...

Reporting Partnership, Trust, Interest or Dividend Income in the Company Tax Return Make sure to activate the "Interest", "Dividends" a...

Once you've worked in the form, you may need to turn-on certain reporting sections. You can do so via - Activate the relevant sections that yo...

Activate "Capital Gain" via Financial image You have an option -  a. Fill the form manually (simply follow the ATO Form instructions) b. Use th...

Understanding the requirements for handling company tax losses and how to deal with a current year tax loss in a company. For CTR Form, it is necessar...

Learn how to apply brought forward revenue losses against current year losses in a company.  This video demonstrates the use of the losses's schedule. ...