Trust: Net Income (CGT, Foreign, Losses)

Foreign resident withholding tax
Make sure to activate "Business" via manage section.  Go to Financials and click Accounts.  There should be an Income figure mapped a...
Tue, 8 Oct, 2024 at 2:10 PM
Capital Gains Earned by a Trust
This video demonstrates how to handle the reporting of a capital gain given that the accounting gain may well be different to the tax gain.  Shows how to ...
Wed, 30 Oct, 2024 at 1:11 PM
Attributed Foreign Income from Managed Fund
Illustration: The "Attributed Foreign Income" of $3000 and $2000 from managed fund  has been distributed to the beneficiary company "Edward &...
Tue, 26 Nov, 2024 at 9:01 AM
Working with a Rental Property
This approach will work with a partnership or a trust. Note that the difference is that the partner loan balances are handled via the equity section rath...
Thu, 12 Dec, 2024 at 2:33 PM