- Business Income and Expense Declaration -

(Please, fill in and submit this form (without our assistance) to be considered for our discounted $220 to $330 fee for a sole-trade non-GST registered per annual business tax return only.  Ts&Cs apply - retail fee starts from $440.

Business, entity or your full name: *
Australian business number (ABN): *
Email address: *
Financial year (FY): *

 

👉 Please complete the PSI/PSB test by visiting the ATO website here; and, attach a clear screenshot of the result page with this form. If the result is not conclusive, most likely your ABN activities are not considered business activities for the applicable financial year/s. We need to determine this first during our appointment time. If you already completed this test, what was the PSI/PSB test result?

 *

Were you or your business registered for GST during the above financial year?

 *

👉 Where applicable, income and expenses amounts below should be excluding GST if you were GST-registered for that FY. Otherwise, full or GST-inclusive amounts should be entered. You may mention in the notes section at the end whether the amounts are including GST or not. Under the same ABN, if you ran more than one business activity that relates to a different business industry, you need to fill in this form separately again for that different business activity. (When needed to view the full instructions in the fields below rotate your mobile device to landscape screen.)

 *

Business Income: 

Did you earn any business income in the applicable financial year?

 *
Name or type of business activity and industry: *
Gross income: *
Gross interest income:
Government or industry grant income:
Business related insurance payout income:
Other business income:

Business Expenses: 

Did your business incur any business-related expenses in the applicable financial year?

 *
Business start-up expenses:
Opening stock:
Purchases and other direct costs:
Closing stock:
Contractor, sub-contractor and commission expenses:
Wages expense:
Superannuation expense:
Bad debt expense:
Lease expense:
Interest expense within Australia:
Rent expense:
Depreciation expense:
Accounting/bookkeeping fees:
Business PL/PI insurance:
WorkCover insurance:
Tools of trade expense (each below $300):
Repairs and maintenance expense:
Printing, stationaries and supplies:
Subscription fees:
Utilities:
Home office running expenses:
Home office occupancy expenses:

Motor vehicle (MV) expenses: 

Did your business incur any business-related MV expenses in the applicable financial year?

 *
Car registration number:
Car make and model:
Car lease expense:
Car interest expense:
Car depreciation expense:
All other business-related car expenses total:
Log-book business percentage:
Total Business KM travelled in the FY:
Total Private KM travelled in the FY:

All other expenses (non-capital): Did your business incur any other business-realted non-capital expenses excluding any non-capital expenses enlisted above?

 *
All other non-capital expenses amount:

Capital expenses: 

Did you buy any business related asset costing more than $300 in the applicable financial year?

 *
New office or work furniture:
New business vehicle/car:
New mobile/laptop/pc:
New tools and machineries:
New plants and equipment:

Deferred non-commercial losses: Did your business have any deferred non-commercial losses from prior year/s?

 *
Deferred non-commercial losses from prior year/s:
Message/notes:

Taxpayer's declaration:

 

I confirm and declare that the information provided in this form is true and correct; and I have necessary evidence to support it as per the ATO's stringent SUBSTANTIATION requirements; and I am authorised to make this declaration.

 *

I agree to the iqCron Accounting's Terms and Conditions and Privacy Policy where applicable.

 *
Date of Declaration: *
Notes:
Attachment: (if any; if the file size is greater than 2MB, email it to us at admin@iqcron.com.au instead.)

Max file size (Mb): 2

Max number of files: 1

 

Disclaimer: The contents of this form are confidential and may be protected by copyright and/or legal privilege. Any unauthorised use, reproduction, disclosure or distribution of the information contained in this form is prohibited. Anyone intending to apply any information contained in this form to their practical circumstances should seek professional advice to independently verify their interpretation and the information’s applicability to their particular circumstances. This is NOT the actual BAS form for lodgement to the ATO. This form is used by us for the purpose of collecting your or your entity’s required true and correct information to consider a discounted fee for the business section of your tax return lodgement only. This discounted fee apply to small businesses with simple tax affairs only where total income and expenses are less than $45k and $10K respectively. Extra fees would apply if this would require our assistance or inquiry or review or if you have other incomes (i.e salary, wages, shares etc) and expenses and/or visit us for an in-person consultation. For ease of sharing your information with us, we may still ask you to fill in this form even when a discount is not applicable due to the nature and scale of your business.