Four workbooks have been rolled forward to 2018 to assist with projections for PAYG Withholding Variations for the year ended 30 June 2018.  They include projections for rental income and expenses, depreciation of fixtures and fittings, interest on investment loans and motor vehicle expenses.

PAYGW Variation – Depn
PAYGW Variation – Interest
PAYGW Variation – MV Exps
PAYGW Variation – Rent

We have added our fringe benefits tax calculator for use with all employer and fringe benefit types for the year ended 31 March 2017.  The workbook includes calculation of FBT payable where applicable, calculation of the value of benefits for an employee contribution and a summary of all benefits by type and employee.

FBT – Full Calculator

Calculate fees and periodic payments for a client entering into a fixed price agreement with your practice.  This workbook provides for multiple jobs spread across multiple related client entities and includes automatic calculation of fees based on the prior year fee and a markup or enter your own fee.  Payments are calculated on either a weekly, fortnightly or monthly basis.

Fixed Price Agreement

Two separate versions of this workbook (for companies and other entities) have been rolled forward to 2017.

Profit & Tax Projection – Company
Profit & Tax Projection – Other

The 2016 and 2017 versions of these workbooks have been updated to include cost per share.

Calculations/2016/CGT – Shares
Calculations/2017/CGT – Shares

Calculate interest, borrowing expenses and end of year balances on a standard hire purchase contract with regular fortnightly payments.

Calculations/2017/Hire Purchase Fortnightly
Calculations/2016/Hire Purchase Fortnightly

Enter a weekly or monthly summary of income, expenses with GST, wages and PAYG withholding to calculate amounts to be set aside for subsequent payment of GST, PAYG Withholding, PAYG Instalments (or Income Tax), Superannuation and FBT.   This workbook will also estimate the client’s annual tax liability and allow the use of separate (updated) quarterly rates for PAYGI and separate quarterly amounts for Superannuation and FBT instalments.  If you are maintaining a separate bank account for these future liabilities, the workbook allows entry of all transactions and will reconcile those figures and the calculated balance with bank statements.

Calculations/2017/Tax & Super Debt – Company

There has been a complete rebuild of the site with the following new features –

• Larger screen space and font size, along with an improved layout, for easier viewing.
• Calculations, Forms & Letters are now displayed in tables which can be sorted and searched.
• Each Calculation, Form or Letter is assigned to a category and can be displayed as a group in the table when sorted or on their own when you search for the category name.
• ATO News can now be searched.
• Calculations for each year are now displayed in a compressed format with one line per calculation.
• Full details about each calculation and suggestions for use are now shown in “About Each Workbook” in the Calculations menu.
• Letters are now contained in a downloadable Microsoft Word file.
• Foreign exchange rates are now shown in a table which can be searched to display that country’s rates only.
• The Library and Websites modules have been given a makeover with easier access via an alphabetical index of links.

Three hire purchase workbooks have been rolled forward to 2017 –

Calculations/2017/Hire Purchase Payout
Calculations/2017/Hire Purchase – Standard
Calculations/2017/Hire Purchase – Structured

Prepare trading accounts for a primary producer, including separate worksheets for Livestock (with quantities), Produce and Other income.  A separate sheet summarises the figures for the client’s tax return.

Calculations/2016/Primary Producer Trading