Archives: Recent Updates

Our tax planning workbook for 2024 is now available for download.  With this calculator you can – For a demonstration of this calculator in action go to the video on our YouTube channel.  Make sure that your quality setting in YouTube is HD. Calculations/2024/Tax Planning

The formulas and protection have been removed from the opening balance cells in the reconciliation sections for GST and Payroll to enable use of this working paper part-way through the year and to allow the entry of an opening balance for clients with a quarterly cycle at the quarterly section (previously had to enter at…

This calculator has been updated to add an “Other” column for expenses paid directly by the owner rather than via their agent – Calculations/2023/Rental Income – Foreign These calculators have been updated to include descriptions for borrowing expenses, capital allowances, capital works (interest was already included) and when these amounts are added to the “Other”…

Calculate the effective tax rate for your client group.  This calculator can be used for any year so you will find it under Financial Calculations. Calculations/Financial/Effective Tax Rate

Calculate the bonus deductions claimable under the Small Business Technology Investment Boost and the Small Business Skills & Training Boost. Calculations/2023/Small Business – Technology Boost and Small Business – Skills Boost

Just one file now and select the entity type at the dashboard.  New features include – Calculations/2024/JobPapers/BAS

Summarise rental income and expenses in a foreign currency and convert to AUD.  Add your own exchange rates for any country not listed. Calculations/2019 – 2023/Rental Income – Foreign

Take control of your ATO lodgements with this interactive lodgement dashboard.   Import your lodgement report from the ATO portal and a client report from your practice software to produce a dashboard showing – Using our new practice import wizard, import up to 3 levels of reporting data for each client from your practice software.  Reporting levels…

This new addition to our JobPaper collection has been requested by a number of our users.  Keep all of your supporting records, reports and calculations for both returns together in this file and make use of the handy job management tools and Accountants Desktop templates included with the workbook. Calculations/2023/Returns – Individual

This calculation is the Home Office Expenses workbook from 2022 but updated with an improved layout and expanded help.  It calculates the running expenses claimable where your client works from home, using the revised fixed rate and/or actual costs methods.   If applicable, it calculates occupancy (place of business) deductions for those self-employed or business owner…