Calculate interest on a related party loan.

Calculations/2022 & 2023/Interest – Related Party

Calculate the CGT discount percentage for an individual with periods of foreign ownership.  This is a stand-alone version of the calculation in CGT – Property.

Calculations/2022 & 2023/CGT – Discount

Now calculating the CGT discount for periods of non-residency.

Calculations/2022/CGT – Property

Determine your client’s eligibility for the small business CGT concessions and calculate the gain.  This Q & A style calculator includes the following –

• Answer questions to test basic eligibility as well as eligibility for each of the 4 concessions
• Calculate aggregated turnover
• Calculate net asset values
• Identify CGT concession stakeholders
• Show results for the significant individual and 90% tests
• Calculate the gain
• Use your own order for claiming each concession
• Handy tracing calculator

Use this calculator either before the event for tax planning purposes or after the event to complete the client’s income tax return.

Calculations/2021 and later

For any entity type –

• Project annual profit from part-year accounts
• Adjust profit for tax reconciliation items and calculate taxable/net income
• Deduct tax planning measures
• Add names and other income of all related parties
• Calculate marginal tax rates (MTR) and income available at that rate for both the client and related parties
• Allocate taxable/net income and/or make deductible payments to related parties tax effectively using MTRs and income available at that rate

Video (13:08)
Calculations/Year/Tax Planning

Use this calculator in place of FBT JobPapers if you just want to calculate the taxable value of a car fringe benefit.

Calculations/2021/FBT – Cars
Calculations/2022/FBT – Cars

Calculate and keep together all variations to PAYG, GST or FBT instalments for the year.  These are stand-alone versions of the sheets included with our new BAS Jobpapers below.

Calculations/2022/FBT Instalment Variation
Calculations/2022/GST Instalment Variation
Calculations/2022/PAYGI Variation – Company
Calculations/2022/PAYGI Variation – Individual

All new Jobpapers for activity statements are now available for the year ended 30 June 2022.  Their features include –

• Same look and feel as the annual accounts jobpapers;
• Same job management tools as the above for each period during the year;
• Keep all BAS reports and working papers for the entire year in one file;
• Prepare GST reconciliations;
• Calculate variations to GST, PAYG & FBT instalments;
• The BAS summary included is automatically updated as you go along; and
• At EOFY, just 2 clicks to copy the BAS summary from there to the Annual Accounts Jobpaper file.

Calculations/2022/Jobpapers – BAS

See a demonstration of our CGT worksheets covering the sale of property, shares and cryptocurrency.

Main Menu/Videos

See a demonstration of the different hire purchase calculators available.

Main Menu/Videos