Partnership Tax Return

How to Record Jobkeeper in a Partnership Tax Return (PTR)
Classify Jobkeeper as -  The income will reflect in the tax return as -  Reference: ATO- Tax treatment of JobKeeper Payments ATO - Jobkeeper pay...
Wed, 23 Sep, 2020 at 12:51 PM
How to Access Livestock Calculator in the Partnership Tax Return (PTR)
Livestock report is stored in the tax form. It can be used as a working paper to compute average cost and closing inventory value. Please see the following...
Thu, 4 Mar, 2021 at 11:25 AM
PTR: Small Business Skills and Training Boost / Small Business Technology Investment Boost
The ATO introduced two measures to support small businesses, the Small Business Technology Investment Boost and the Small Business Skills and Training Boost...
Tue, 1 Aug, 2023 at 12:21 PM
PTR: Rental Worksheet
Step 1. Activate "Rentals" via Manage Section/Financial Picture Step 2. You need to create "worksheet" via Income > Rent tab N...
Fri, 29 Sep, 2023 at 10:22 AM
Reporting on a Cash Basis in the Partnership Tax Return
There are two methods available for reporting on a Cash Basis in the Partnership Tax Return 1. Select to import Financials on Cash Basis 2. Adjust out the...
Fri, 12 Jan, 2024 at 4:00 PM
Small business tax offset from PTR to ITR
Question: I am preparing Partnership Tax Return but the Small Business Tax Offset is not showing on the partners individual ITR. Solution:  Activate "...
Tue, 27 Feb, 2024 at 9:25 AM