Small Business Tax Checklist

	Account name	BSB	Acc no.
Primary Bank Account

1. Does your business use the internet to buy or sell any goods or services?*

YESNO

2. What is the main business activity?*

3. How many different types of business activities do you undertake?*

4. Did you cease or commence business in the financial year selected at the start of this form?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

5. Do you have any business income?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

6. Does your business income include Personal Services Income (PSI)?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

Do the PSI rules apply to this income?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

For more information click here

7. Did you receive any business income*

where ABN is not quotedthat is subject to foreign resident withholdingfrom voluntary agreementsfrom labour hire arrangementswhich were assessable government industry paymentsNone of the above

Upload supporting documents

8. Did you receive any other income?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

a) Income or a loss from a partnership*

YESNON/AREFER TO ACCOUNTING SOFTWARE

b) Income from a trust*

YESNON/AREFER TO ACCOUNTING SOFTWARE

c) Rent*

YESNON/AREFER TO ACCOUNTING SOFTWARE

Please fill in rental property details below (relative to the tax period selected at the start of this form):*

	Rental (1)	Rental (2)	Rental (3)	Rental (4)	Rental (5)	Rental (6)	Rental (7)	Rental (8)	Rental (9)	Rental (10)
Address
Number of weeks rented
Number of weeks available for rent
Gross rental income
Advertising fees
Body corporate fees
Borrowing fees
Council rates
Capital allowances
Insurance
Loan interest
Legal fees
Land tax
Pest control
Property agent fee
Repairs
Capital works
Postage & stationery
Water charges
Sundry rental expenses
Cleaning & Gardening

Where you have provided figures in the table above, upload any applicable supporting documents you may have

Upload annual rental statement/s

d) Car / travel expense (commercial investment properties only)*

YESN/A

Provide supporting information*

If your travel expenses are not solely in respect to the rental property, provide the percentage of your total travel expenses that relate to the property

e) Gross interest**

YESNON/AREFER TO ACCOUNTING SOFTWARE

Please provide amounts

f) Did you purchase property, sell or both?*

Properties Sold - please fill in the address details below:

	Address
Property Sold (1)
Property Sold (2)
Property Sold (3)
Property Sold (4)
Property Sold (5)

Properties Purchased - please fill in the address details below:

	Address
Property Purchased (1)
Property Purchased (2)
Property Purchased (3)
Property Purchased (4)
Property Purchased (5)

Please upload all supporting information relating to properties purchased / sold.

E.g. Contract of sale/purchase, statement of adjustments, settlement statement, PEXA report, legal/conveyancing fees, stamp duty & registration fees on transfer, registration fees on mortgage, finance fees (borrowing costs), loan statements, tax depreciation schedule, agent's commission & disbursement statement, discharge finance fees, loan statements, capital improvement/capital improvements pre-income producing, reduction in cost base due to special capital allowance claim details

g) Dividends*

YESNON/AREFER TO ACCOUNTING SOFTWARE

Upload dividend statements

h) Other*

YESNON/AREFER TO ACCOUNTING SOFTWARE

Upload supporting documents

9. Do you have any foreign resident withholding expenses?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

10. Did you incur any contractor, sub-contractor and commission expense?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

11. Do you keep stock?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

Closing stock @ 30 June

Do you have any stock that may have a market selling value or replacement value less than cost?*

YESNO

Do you have trading stock items that ceased to be trading stock without disposal (e.g. stock for own consumption or cessation of business)?*

YESNO

12. Do you have work in progress?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

Work in progress @ 30 June

Do you have work in progress as at 30 June and have goods in transit?*

YESNO

13. Do you have any bad debts?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

14. Do you have any lease expenses?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

15. Do you have any rent expenses?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

16. Do you have any interest expenses?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

17. Do you have any depreciation expenses?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

18. Do you have any repairs and maintenance expenses?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

19. Do you have any car expenses?*

YESNON/AREFER TO ACCOUNTING SOFTWARE

Please fill in your vehicle/s details below:

	Make	Model	Year	Rego	Cost price	Date of purchase	ODO start 1 July	ODO end 30 June	Business Kms or use %
Car (1)
Car (2)
Car (3)
Car (4)
Car (5)
Car (6)
Car (7)
Car (8)
Car (9)
Car (10)
Car (11)
Car (12)
Car (13)
Car (14)
Car (15)
Car (16)

Claim method

Set rateLog book

Business use KM travelled

Set rate/business km:

A maximum of 5,000 business km's may be claimed in this method.
Please provide business km's traveled (complete in table above).

Log book:

Need a new logbook? Simply download from our website by clicking here.

The following additional information is required for this method to be used:

Odometer readings and business use % (complete above)
A valid logbook (must be completed within the last five years and cover a period of 12 continuous weeks)
Please complete the checklist below:

Expenses - Do not provide individual receipts as you will be charged an hourly rate to calculate total expenses. (Logbook Method Only)

Please complete the details below:

	Rego	Fuel/oil ($)	Tyres/battery ($)	Repairs ($)	Insurance ($)	Services ($)	Registration/3rd party ($)	Lease payments ($)	Interest ($)	Parking ($)	Car wash ($)	Other ($)
Car (1)
Car (2)
Car (3)
Car (4)
Car (5)
Car (6)
Car (7)
Car (8)
Car (9)
Car (10)
Car (11)
Car (12)
Car (13)
Car (14)
Car (15)
Car (16)

Please upload any vehicle supporting information

New car purchase information

Did you purchase a car during the financial year selected at the start of this form?*

YESNO

Please complete the details below:

	Rego	Make	Model	Year
New car (1)
New car (2)
New car (3)
New car (4)
New car (5)
New car (6)
New car (7)
New car (8)

Contract/s of purchase / tax invoice & finance documents (if applicable)

Disposal of existing car information

Did you sell a car during the financial year selected at the start of this form?*

YESNO

Please complete the details below:

	Rego	Date of disposal	Disposal price ($)
Car sold (1)
Car sold (2)
Car sold (3)
Car sold (4)
Car sold (5)
Car sold (6)
Car sold (7)
Car sold (8)

Small Business Tax Checklist

Small Business Tax Return

AUTHORITY FOR BOVE TO COMPLETE

Small Business Tax Return

Small Business Tax Return

Small Business Tax Return

Small Business Tax Return