Archives: Recent Updates

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…

Thanks to a request from one of our users, this calculator now allows you to analyse a potential property investment over any period from 1 to 10 years. Calculations/Budgets & Projections/Property Investment Analysis

Our existing calculator has been updated to include the following new features – Calculations/2023/FBT – Cars

April is a good time to do some tax planning with your clients.  The 2023 version of our tax planning workbook has now been uploaded to the Calculations module.  Features include – Calculations/2023/Tax Planning

Reconcile rental income and deductions from agent and client records with multiple rental income schedules on the client’s tax return. Calculations/2022/Rental Income – Reconciliation

A new template calculation, Loan – Related Party, has been added to company, trust, partnership and sole trader JobPapers. Calculations/2022/JobPapers

Amortise a related party loan, calculate daily interest, closing balance and payout amount. Replaces Interest – Related Party. Calculations/2022 & 2023/Loan – Related Party

Convert foreign income, deductions and tax paid to AUD, calculate the offset limit and amount claimable. Calculations/2022/Foreign Income Tax Offset

Now manage lodgement of client returns in an interactive dashboard using up to 3 user-defined reporting levels. Calculations/2022/Lodgement Manager – Returns

Calculate interest on a related party loan. Calculations/2022 & 2023/Interest – Related Party