The line 1 of the current postal address. First line utilising free format, that is used to create a semi structured address. The suburb/town/city, state/territory and postcode must be supplied in the separate fields as specified and MUST NOT be included in the first or second address line fields. The street address must be provided in the 1st and 2nd address lines. It may not be necessary to use both lines Current postal address - Address line 1 The line 1 of the current home address. First line utilising free format, that is used to create a semi structured address. The suburb/town/city, state/territory and postcode must be supplied in the separate fields as specified and MUST NOT be included in the first or second address line fields. The street address must be provided in the 1st and 2nd address lines. It may not be necessary to use both lines Home address - Address line 1 The line 1 of the current address of main business. First line utilising free format, that is used to create a semi structured address. The suburb/town/city, state/territory and postcode must be supplied in the separate fields as specified and MUST NOT be included in the first or second address line fields. Business address of main business - Street name and number address line 1 The line 1 of the current postal address. First line utilising free format, that is used to create a semi structured address. The suburb/town/city, state/territory and postcode must be supplied in the separate fields as specified and MUST NOT be included in the first or second address line fields. The street address must be provided in the 1st and 2nd address lines. It may not be necessary to use both lines Current postal address - Address line 2 The line 2 of the current home address. First line utilising free format, that is used to create a semi structured address. The suburb/town/city, state/territory and postcode must be supplied in the separate fields as specified and MUST NOT be included in the first or second address line fields. The street address must be provided in the 1st and 2nd address lines. It may not be necessary to use both lines Home address - Address line 2 The line 1 of the current address of main business. First line utilising free format, that is used to create a semi structured address. The suburb/town/city, state/territory and postcode must be supplied in the separate fields as specified and MUST NOT be included in the first or second address line fields. Business address of main business - Street name and number address line 2 The suburb, town or city of the current postal address of the individual taxpayer. Current postal address - Suburb/Town The suburb, town or city of the current home address of the individual taxpayer. Home address - Suburb/Town The suburb, town or city of the main business address. Business address of main business - Suburb/Town Valid values range from 0200 to 9999 Current postal address - Postcode Home address - Postcode The business address postcode. Valid values range from 0200 to 9999 Business address of main business - Postcode The appropriate code for the state or territory of the current postal address. The field must be set to one of the following codes described in the enumeration values. Valid Values for state are NSW, VIC, ACT, QLD, TAS, SA, WA, NT Current postal address - State The appropriate code for the state or territory of the current home address. The field must be set to one of the following codes described in the enumeration values. Valid Values for state are NSW, VIC, ACT, QLD, TAS, SA, WA, NT Home address - State The appropriate code for the state or territory of the main business address. The field must be set to one of the following codes described in the enumeration values. Valid Values for state are NSW, VIC, ACT, QLD, TAS, SA, WA, NT Business address of main business - State Contact E-mail address The telephone area code during business hours for the individual taxpayer. Daytime phone area code The reporting partys's telephone area code. Reporting Party Declarer Telephone area code The tax agents telephone area code. Intermediary Declarer Telephone area code The telephone number during business hours for the individual taxpayer. Daytime phone number The reporting party's telephone number. Reporting Party Declarer Telephone number The tax agents telephone number. Intermediary Declarer Telephone number The name of the business. The business name of the main business activity should be consistent from year to year, except in the year of a name change or when it is no longer the main business Business name of main business The fund name exactly as it appears on the certificate of registration. Full name of fund Indicate if the name of the taxpayer has changed since their last return was lodged. Has name or title changed since last tax return lodged The date of birth of individual taxpayer in DDMMYYYY format Date of birth The date of birth of the taxpayers spouse as of the last day of the reporting period in DDMMYYYY format. A taxpayer's spouse includes another person (whether of same sex or opposite sex) who: - The individual was in a relationship that was registered under a prescribed state or territory law, - Although not legally married to the individual, lived with the individual on a genuine domestic basis in a relationship as a couple. Spouse's date of birth The date of death of individual taxpayer in DDMMYYYY format Date of death Spouse died during year The family name of the individual taxpayer. Family name The family name of the taxpayers spouse as of the last day of the reporting period. A taxpayer's spouse includes another person (whether of same sex or opposite sex) who: - The individual was in a relationship that was registered under a prescribed state or territory law, - Although not legally married to the individual, lived with the individual on a genuine domestic basis in a relationship as a couple. Spouse's or de facto spouse's family name The first name of the individual taxpayer. First name The first name of the taxpayer's spouse as of the last day of the reporting period. A taxpayer's spouse includes another person (whether of same sex or opposite sex) who: - The individual was in a relationship that was registered under a prescribed state or territory law, - Although not legally married to the individual, lived with the individual on a genuine domestic basis in a relationship as a couple. Spouse's or de facto spouse's first name The suffix of the individual taxpayer. Suffix The middle name of the individual taxpayer. Other given names The other given name of the taxpayer's spouse as of the last day of the reporting period. A taxpayer's spouse includes another person (whether of same sex or opposite sex) who: - The individual was in a relationship that was registered under a prescribed state or territory law, - Although not legally married to the individual, lived with the individual on a genuine domestic basis in a relationship as a couple. Spouse's or de facto spouse's other given names The honorary title of the individual taxpayer. Title The name of the agent providing this information. Reporting Party Declarer Contact Name Intermediary Declarer Contact Name The description of the main business or professional activity. Examples are: - Beef cattle breeder - Vegetable grower - Clothing manufacturer - Confectionery wholesaler - Electrical goods retailer Description of main business or professional activity The description of activity for which the largest loss was calculated. Business loss activity - Description of activity The Bank State Branch (BSB) code. Bank account details now need to be provided each year. Complete the BSB, Account number and Account name fields. Bank/State/Branch number Account name: Enter the name of the financial account that the client has elected to receive payments such as refunds or credits. Bank account details now need to be provided anew each year. Complete the BSB, Account number and Account name fields. Enter the account name, as shown on the account records. Do not enter the account type – for example savings, cheque or mortgage offset. Include spaces between each word and between initials in the account name. Joint accounts are acceptable. The account name must not exceed 32 characters. Account name The bank account number. Bank account details now need to be provided anew each year. Complete the BSB, Account number and Account name fields. Do not include spaces in the account number. Account number The ABN of the main business if the main business is registered on the Australian Business Register (ABR). Australian Business Number The employer's or payer's ABN from each payment summary Payer's Australian business number This field needs to be informed with the ETP Payer's ABN as shown on PAYG payment summary – employment termination payment. ETP Payer's ABN This field needs to be informed with the SLS Payer's ABN as shown on the PAYG payment summary - superannuation lump sum. Australian superannuation lump sum payments Payer's ABN The ABN of the fund. Personal superannuation contributions - Fund ABN The agents reference number of the client. This field is used for correspondence or contact by the ATO to the Tax Agent to facilitate the identification of their client. Client's reference The Tax Agent Number (TAN). If the TAN consists of only seven digits, it is an old registration and will need to have a ‘0’ (zero) added in front of the first four digits of the TAN. Declarer Tax Agent number Inform the field with relevant Tax File Number of the superannuation fund. A TFN must be provided in order to utilise electronic channels Personal superannuation contributions - Fund TFN The employer's or payer's WPN from each payment summary Payer's - Withholder payer number The sum of all the reportable employer superannuation contributions amounts shown on individual taxpayer's payment summaries. Reportable employer superannuation contributions The reportable superannuation contributions of the taxpayer's spouse. If zero, enter 0 Spouse reportable superannuation contributions Your spouse's taxed element of a SLS zero tax rate The amount of contributions made by the individual to a complying superannuation fund or a retirement savings account (RSA) on behalf of their spouse. The taxpayer will be entitled to a tax offset of up to $540 per year if: - The sum of their spouse's assessable income, total reportable fringe benefits amounts and reportable employer superannuation contributions was less than $13,800 - The contributions were not deductible to individual taxpayer. - The contributions were made to a superannuation fund that was a complying superannuation fund for the income year in which individual taxpayer made the contribution - Both individual taxpayer and the spouse were Australian residents when the contributions were made, and - When making the contributions individual taxpayer and the spouse were not living separately and apart on a permanent basis. Contributions paid The member account number from the fund in relation to the personal superannuation contributions deduction. Personal superannuation contributions - account number The sum superannuation expenses for both primary and non-primary production activities. There is no limit on the amount of contributions that can be claimed as a deduction by an employer contributing to a complying superannuation fund or retirement savings account (RSA) for employees under the age of 75 years old. Superannuation expenses Current postal address - Country code Home address - Country code Inform whether the taxpayer had a CGT event during the reporting period. The valid values are True - Yes False - No Had a CGT event during the year The sum of all the amounts individual taxpayer paid and benefits provided to another person other than their partner for the maintenance of a child during the reporting period. Child support you paid The amount of child support the spouse was required to pay or provide to another person to maintain their natural or adopted child. If this amount is zero, inform this field with 0. Child support your spouse paid Reporting Party Declarer Identifier Intermediary Declarer Identifier The applicable year of return. Year of return The sum of all deductions related to primary and non-primary production for landcare operations and deduction for decline in value of water facility, fencing and fodder storage asset. Where expenditure can be deducted under both the water facilities and landcare operation rules, they can only deduct the expenditure as expenditure on a water facility. Where expenditure can be deducted under both the carbon sink forests and landcare operation rules, they can only deduct the expenditure as expenditure on carbon sink forests. For further information see Landcare Operations on the ATO Website at https://www.ato.gov.au Landcare operations and deduction for decline in value of water facility, fencing asset and fodder storage asset The individuals share of Landcare operations and deduction for decline in value of water facility, fencing and fodder storage asset. For further information see Landcare Operations on the ATO Website at https://www.ato.gov.au The forestry managed investment scheme deduction amount. Based on the fact whether the individual taxpayer is an initial participant or subsequent participant, they need to inform this field differently. Individual is an initial participant in an FMIS if they: - Obtained forestry interests in the FMIS from the forestry manager of the scheme - Their payment to obtain the forestry interest in an FMIS results in the establishment of tree. Individual taxpayer is a subsequent participant if they are not an initial participant. Forestry managed investment scheme deduction The share of the total of any eligible expenditure on landcare operations that relates to non-primary production income or loss from partnerships. If a trustee incurred eligible expenditure on landcare operations, only the trustee, not a beneficiary of the trust, can claim deductions for that expenditure Landcare operations expenses The total of all the gross payment amounts on the completed Individual PAYG payment summary schedule, derived from non-primary production activities that have an N in the Type box where N is 'withholding where ABN not quoted'. Non-PP - Gross payments where Australian Business Number not quoted The total of all the gross payment amounts on the completed Individual PAYG payment summary schedule, derived from primary production activities that have an N in the Type box where N is 'withholding where ABN not quoted'. PP - Gross payments where Australian Business Number not quoted Gross amount of - employment allowances 1 - car and travel allowances, and reimbursements of car expenses 2 - award transport payments (paid under an industrial law or award that was in force on 29 October 1986) 3 - tool, clothing and laundry allowances 4 - dirt, height, site, first aid and risk allowances 5 - meal and entertainment allowances. - tips - gratuities - consultation fees - payments for voluntary and other services. - commissions, bonuses - casual job income - insurance payments (income protection, sickness and accident policies). The sum of gross amount of allowances, earnings, tips etc by all payers for the individual taxpayer. Amount of allowances, earnings, tips, director's fees, etc To complete this field, individual taxpayer needs - PAYG payment summary( individual non-business), or - a letter from the agency that paid the allowance or payment stating the amount received. The taxpayer needs to add up the tax withheld shown on each of payment summaries and letters. Fill this field with the amount Australian Government allowances and payments like Newstart, youth allowance and austudy payment The net non-primary production income or loss from business. This is calculated as (a +b + c) -(d + e) where a - non-primary production total business income b - non-primary production income reconciliation adjustment (if any). c - non-primary production expense reconciliation adjustment (if any). d - non-primary production total business expenses e - amounts of any deductions for non-primary production environmental protection expenses, section 40-880 expenditure, project pool, small business and general business tax break and landcare operations and water facilities Non-PP - Net income or loss from business this year Any other non-primary production business income. Non-PP - Other business income The net primary production income or loss from business. This is calculated as (a +b + c) -(d + e) where a - primary production total business income b - primary production income reconciliation adjustment (if any). c - primary production expense reconciliation adjustment (if any). d - primary production total business expenses e - amounts of any deductions for primary production environmental protection expenses, section 40-880 expenditure, project pool, small business and general business tax break and landcare operations and water facilities PP - Net income or loss from business this year Any other primary production business income. PP - Other business income The date of employee termination payment as shown on PAYG payment summary – employment termination payment. ETP Date of payment ETP Taxable component Estimated total income The net farm management deposits or repayments. This is (a) + (b) + (c) - (d) where (a) Early repayments exceptional circumstances (b) Early repayments natural disaster (c) Other repayments (d) Deductible deposits Net farm management deposits or repayments Any early repayments withdrawn during the applicable reporting period that qualify for an natural disaster exception. Early repayments natural disaster Any FMD's that were held for more than 12 months but paid out during the reporting period. Other repayments The total of all the gross payment amounts on the completed Individual PAYG payment summary schedule, derived from non-primary production activities that have an F in the Type box where F is 'foreign resident withholding'. Non-PP - Gross payments subject to foreign resident withholding The field is informed based on whether the individual taxpayer is an initial participant or subsequent participant of the scheme. Individual is an initial participant in an FMIS if they: - Obtained forestry interests in the FMIS from the forestry manager of the scheme - Their payment to obtain the forestry interest in an FMIS results in the establishment of tree. Individual taxpayer is a subsequent participant if they are not an initial participant. Forestry managed investment scheme income The sum of all the reportable fringe benefits amounts shown on individual taxpayer's payment summaries. If the total is less than $3,738, keep the field blank. Total reportable fringe benefits amount The sum of all the reportable fringe benefits amounts shown on individual taxpayer's spouse payment summaries. If zero, enter 0 Your spouse's total reportable fringe benefits amounts Any non-primary production assessable government industry payments. Examples of assessable government industry assistance are: - bounties - cleaner fuels grant - drought relief - employee subsidies - export incentive grants - fuel grant under the energy grants credits scheme - fuel tax credits - industry restructuring and adjustment payments - producer rebate (wine equalisation tax) - product stewardship (oil) benefit. Non-PP - Assessable government industry payments The non-primary production Assessable government industry payments action indicator. Valid values are: True = Primary production income amount includes diesel fuel offset and/or diesel and alternative fuels grant. False = Primary production income amount does not include diesel fuel offset and/or diesel and alternative fuels grant. Non-PP - Assessable government industry payments action code Any primary production assessable government industry payments. Examples of assessable government industry assistance are: - bounties - cleaner fuels grant - drought relief - employee subsidies - export incentive grants - fuel grant under the energy grants credits scheme - fuel tax credits - industry restructuring and adjustment payments - producer rebate (wine equalisation tax) - product stewardship (oil) benefit. PP - Assessable government industry payments The primary production Assessable government industry payments action incidator. Valid values are: True = Non primary production income amount includes diesel fuel offset and/or diesel and alternative fuels grant. False = Non primary production income amount does not include diesel fuel offset and/or diesel and alternative fuels grant. PP - Assessable government industry payments action code Net income or loss from carrying on a business of investing The total of all the gross payment amounts on the completed Individual PAYG payment summary schedule, derived from non-primary production activities that have an S in the Type box where S is 'labour hire or other specified payments'. Non-PP - Gross payments labour hire or other specified payments The individual taxpayer will not have any primary production amounts at this item PP - Gross payments labour hire or other specified payments Estimated eligible income The total income including the income from total supplement income or loss where applicable. Individual total income or loss amount The net income or loss from business for non-primary production as calculated in the business income and expenses fields of the business and professional items section. Net non-Primary Production income/loss Other income or loss relating to Other income or loss relating to Net income or loss from business Distribution from partnerships relating to financial investments, less foreign income The total share of non-primary production partnership income or loss (excluding any attributed foreign income or other foreign source income) including the share of any franked distributions (that may be shown on the distribution statement from the partnership) and any attached franking credits. Distribution from partnerships less foreign income Other distributions from partnerships The total of all distributions of primary production income or loss from the a partnership. Distribution from partnerships Share of net rental property income or loss from partnerships The net income or loss from business for primary production as calculated in the business income and expenses fields of the business and professional items section. Net Primary Production income/loss Net income or loss from carrying on a rental property business The total gross payment from each payment summary. Gross income The taxable professional income amount. TPI is calculated using the individual taxpayer’s assessable professional income. Assessable professional income is income arising directly from the activities of a special professional and includes: - rewards and prizes - income from endorsements, advertisements, interviews, commentating and any similar service - royalties from copyright of a literary, dramatic, musical or artistic work, and - income from a patent for an invention. It specifically excludes: - a superannuation lump sum or an employment termination payment - payments for unused annual or long service leave on retirement or termination, and - a net capital gain. Taxable professional income If there are no prior year losses, inform this field with 'Total income or loss less total deductions'. If the amount at taxable income or loss is less than zero, print L in the loss box at the right of the amount. If there are prior year losses, add up 'Primary production losses claimed this income year' and 'Non-primary production losses claimed this income year' and take the total away from 'Total income or loss less total deductions' and inform this field with that figure. Taxable income or loss The spouse's taxable income. The taxable income of taxpayer's spouse can usually be obtained from spouse's tax return or notice of assessment. If the spouse does not have to lodge a tax return, an estimate of their taxable income needs to be provided. If the spouse's taxable income amount is zero or a loss, inform this field with zero. Spouse's taxable income Adjusted taxable income The adjusted taxable income of the taxpayer's spouse during the applicable reporting period. Your spouse's Adjustable Tax Income total amount Franked distributions from trusts relating to investments Franked distributions from trusts - other The share of franked distributions (where distributed separately) plus any share of franking credits referrable to those franked distributions. Franked distributions from trusts The total share of non-primary production income including the share of credits for tax withheld franking credits from franked dividends. Share of net income from trusts less capital gains, foreign income and franked distributions Valid values are: -Deceased estate - Deceased estate -Fixed trust - Fixed trust -Hybrid trust - Hybrid trust -Discretionary trust main income source service management activities - Discretionary trust - where the main source of income of the trust is from service and/or management activities -Discretionary trust main income source trading activities - Discretionary trust - where the main source of income of the trust is from trading activities -Discretionary trust main income investment activities - Discretionary trust - where the main source of income of the trust is from investment activities -Cash management unit trust - Cash management unit trust -Fixed unit trust - Fixed unit trust -Public unit trust listed - Public unit trust (listed) - other than a cash management unit trust -Public unit trust unlisted - Public unit trust (unlisted) - other than a cash management unit trust Share of net income from trusts less capital gains, foreign income and franked distributions action code Share of net income from trusts less capital gains, foreign income and franked distributions - Managed investment scheme income Share of net income from trusts less capital gains, foreign income and franked distributions - other income The total of all distributions of primary production income or loss from a trust. Share of net income from trusts Valid values are: -Deceased estate - Deceased estate -Fixed trust - Fixed trust -Hybrid trust - Hybrid trust -Discretionary trust main income source service management activities - Discretionary trust - where the main source of income of the trust is from service and/or management activities -Discretionary trust main income source trading activities - Discretionary trust - where the main source of income of the trust is from trading activities -Discretionary trust main income investment activities - Discretionary trust - where the main source of income of the trust is from investment activities -Cash management unit trust - Cash management unit trust -Fixed unit trust - Fixed unit trust -Public unit trust listed - Public unit trust (listed) - other than a cash management unit trust -Public unit trust unlisted - Public unit trust (unlisted) - other than a cash management unit trust Share of net income from trusts action code Lump sum for unused leave after 15/08/78: Enter the lump sum amount paid for unused annual leave after 15 August 1978. It can be any of the following lump sum amounts paid for: - unused long service leave that accrued after 15 August 1978 if the individual left a job because of bona fide redundancy, invalidity or under an approved early retirement scheme, - unused annual leave if the individual left their job because of bona fide redundancy, invalidity or under an approved early retirement scheme, - unused long service leave that accrued after 15 August 1978 and before 18 August 1993 if the individual did not leave their job because of bona fide redundancy, invalidity or under an approved early retirement scheme, or - unused annual leave that accrued before 19 August 1993 if the individual did not leave their job because of bona fide redundancy, invalidity or under an approved early retirement scheme. Lump sum for unused leave after 15/08/78 Only 20% of the field is taxable. The amounts are added together and multiplied by 0.05 Lump sum for unused leave before 16/08/78 The total of all the gross payment amounts on the completed Individual PAYG payment summary schedule, derived from non-primary production activities that have an V in the Type box where V is 'voluntary agreement'. Non-PP - Gross payments voluntary agreement The total all the gross payment amounts on the completed Individual PAYG payment summary schedule, derived from primary production activities that have an V in the Type box where V is 'voluntary agreement'. PP - Gross payments voluntary agreement Indicate where any personal services income has been received. Examples of PSI are: - Income of a professional practitioner in a sole practice - Income payable under a contract which is wholly or principally for the labour or services of a person - Income derived by a professional sportsperson or entertainer from the exercise of professional skills - Income derived by consultants from the exercise of personal expertise. Valid values are: TRUE = The income includes an individual's personal services income FALSE = The income does not include an individual's personal services income Received personal services income The amount of attributed foreign income from any controlled foreign company. CFC income The total deductions including the deductions from total supplement deductions where applicable. Individual total deductions amount Dividends - Unfranked amount: Enter the gross amount of unfranked dividends, and the unfranked amount of partially franked dividends, received before any TFN amounts were withheld. Do not include a dividend paid under a demerger unless the head entity of the demerger group has elected that it be treated as an assessable dividend. Dividends - Unfranked amount The amount of other deductions being claimed. For example: - election expenses for local, territory, state or federal candidates. - income protection, sickness and accident insurance premiums. - foreign exchange losses. - amounts that are immediately deductible in the year incurred for certain start-up expenses where they are incurred by a small business entity or an individual that is not in business. For further information on expenses you may be entitled to claim, refer to the ATO website at https://www.ato.gov.au Other deductions The description of other deductions being claimed. Description of claims The sum of depreciation expenses for both primary and non-primary production activities. Depreciation expenses The sum of all deductions related to primary and non-primary production for expense reconciliation adjustments. Expense reconciliation adjustments include: - expense add backs; expenses shown in the accounts which are not tax deductible, including timing deductions, such as 1 - prepaid expenses not deductible in this year 2 - depreciation 3 - loss on sale of a depreciating asset, and other items not allowable as a deduction - expense subtractions; items not shown as expenses which are deductible for tax purposes, such as 1 - prepaid expenses deductible this year but not included elsewhere 2 - deduction for decline in value of depreciating assets 3 - deductible balancing adjustment amounts on disposal of depreciating assets, and 4 - other items deductible for tax purposes. Effectively expense reconciliation adjustments = Total expense add backs minus Total expense subtractions Expense reconciliation adjustments The sum of all deductions related to primary and non-primary production for income reconciliation adjustments. Income reconciliation adjustments include: - income add backs - this is income not shown in the accounts which is assessable income for tax purposes, such as: 1 - assessable balancing adjustment amounts on disposal of depreciating assets, and 2 - other assessable income not included in the profit and loss statement - income subtractions - income shown in the accounts which is not assessable income, such as 1 - profit on sale of depreciating assets, and 2 - other income that is not assessable for income tax purposes - for example, gross exempt income. Effectively income reconciliation adjustment = Total income add backs minus Total income subtractions Income reconciliation adjustments This is the net small business income received from sole trading activities. For further information on Small business income tax offset (tax discount for unincorporated business income) refer to the ATO website at https://www.ato.gov.au/SBconcessions Net small business income This is the total 'Share of net small business income' amounts received from partnerships distributions less deductions attributable to those shares. For further information on Small business income tax offset (tax discount for unincorporated business income) refer to the ATO website at https://www.ato.gov.au/SBconcessions Partnership share of 'net small business income' less deductions attributable to that share This is the total 'Share of net small business income' amounts received from trust distributions less deductions attributable to those shares. For further information on Small business income tax offset (tax discount for unincorporated business income) refer to the ATO website at https://www.ato.gov.au/SBconcessions Trust share of 'net small business income' less deductions attributable to that share The sum of all deductions related to primary and non-primary activities under section 40-880 deduction. Individual taxpayer can claim a deduction for capital expenditure: - in relation to their business - in relation to a business that used to be carried on, such as capital expenses incurred in order to cease the business - in relation to a business proposed to be carried on, such as the costs of feasibility studies, market research or setting up the business entity - as a shareholder, beneficiary or partner to liquidate or deregister a company or to wind up a trust or partnership (the company, trust or partnership must have carried on a business). Section 40-880 deduction Any foreign resident withholding expenses. This field only relates to non-primary production expenses. Foreign resident withholding expenses The sum of all deductions related to primary and non-primary production under deduction for project pool. Certain capital expenditure individual taxpayer incurred after 30 June 2001 which is directly connected with a project they carry on or propose to carry on for a taxable purpose can be allocated to a project pool and written off over the life of the project. Each project has a separate project pool. The project must be of sufficient substance and be sufficiently identified that it can be shown that the capital expenditure said to be a 'project amount' is directly connected with the project. Project Amount, is expenditure incurred on: - creating or upgrading community infrastructure for a community associated with the project - site preparation for depreciating assets - feasibility studies for the project - environmental assessments for the project - obtaining information associated with the project - seeking to obtain a right to intellectual property - ornamental trees or shrubs. Deduction for project pool The sum of all the franked dividend amounts received before any TFN amounts were withheld from individual taxpayer's statements, and any other franked dividends paid or credited. Dividends - Franked amount Indicate if the business involved the selling of goods or services using the internet. Following are the examples of using internet to sell goods or services : - Use internet to receive orders for goods or services - for example, individual taxpayer received orders by email or a web page form (rather than by conventional post, phone or facsimile) - Use the internet to receive payment for goods or services - for example, individual taxpayer received a credit card or charge card details by email or web page form (rather than by conventional post, phone or facsimile) or digital cash. Did you sell any goods or services using the internet? The sum of all expenses for non-primary production activities. Negative amount at this field indicates a loss. Non-PP - Total business expenses The sum of all expenses for primary production activities. Negative amount at this field indicates a loss. PP - Total business expenses The sum interest expenses within Australia for both primary and non-primary production activities. This field does not include interest incurred in deriving rental income Interest expenses within Australia The sum of interest expenses overseas for both primary and non-primary production activities. This field does not include interest incurred in deriving rental income Interest expenses overseas The sum of bad debt expenses for both primary and non-primary production activities. An individual taxpayer can claim a deduction for: - partial debt write-offs; where only part of a debt is bad and is written off, individual taxpayer can may claim a deduction for the amount written off - losses incurred in debt-for-equity swaps for debt written off; Bad debts The sum of motor vehicle expenses for both primary and non-primary production activities. Motor vehicle expenses The sum of rent expenses for both primary and non-primary production activities, which includes expenditure incurred as a tenant for rental of land and buildings used in the production of income - include the cost of leasing real estate. Rent expenses The sum of repairs and maintenance expenses for both primary and non-primary production activities. The total cost of repairs (not being expenditure of a capital nature) to premises and depreciating assets such as plant, machinery or equipment used solely for producing assessable income, or in carrying on a business for that purpose and expenditure on repairs to property used partially for business or income-producing purposes (for example, where the property is also used for private purposes or in the production of exempt income). Repairs and maintenance The credit for interest on tax paid. The items where credit for early payments can be claimed are: - Income tax including Medicare levy and Medicare levy surcharge - Compulsory Higher Education Loan Program (HELP) repayment - Compulsory Student Financial Supplement Scheme (SFSS) debt repayment - Interest on distributions from non-resident trust estates - Shortfall interest charge - Income tax penalty for the 1999-2000 and earlier income years - General interest charge for lodging a late income tax return for income years up to and including 1999-2000 - General interest charge on an increase in the tax payable resulting from an amended assessment for income years up to and including 1999-2000 Credit for interest on early payments - amount of interest The sum of contractor, subcontractor and commission expenses for both primary and non-primary production activities. These are expenses for labour and services provided under contract, other than salaries or wages - for example: - payments to self-employed people, such as consultants and contractors, including payments subject to a PAYG voluntary agreement to withhold, and payments made under a labour-hire arrangement - commissions paid to people not receiving a retainer - agency fees - for example, for services provided by an advertising agency - service fees - for example, plant service - management fees - consultant fees. Contractor, sub-contractor & commission expenses The code to denote the calculation method used to determine the motor vehicle expenses. Valid codes are: S = Cents per kilometre B = Log book N = Vehicle is a motorcycle, taxi taken on hire, or a road vehicle designed to carry a load of one tonne or more or nine or more passengers. Motor vehicle expenses action code The sum of other expenses for both primary and non-primary production activities. Other expenses include wages, accounting and professional fees, advertising, office supplies, foreign exchange (forex) losses and any loss on the sale of a depreciating asset as shown in individual taxpayer's accounts. All other expenses The gross rent amount for all rental properties reported for the applicable reporting period. Gross rent The sum of all purchases and other costs directly related to primary and non-primary production derived for the trading stock. Where there is more than one business carried on, all purchases and costs relating to the primary production and non-primary production stock is to be added up and informed at this field. This includes amounts representing opening stock of a business which commenced operations during the applicable reporting period. Purchases and other costs The total of all gross interests of individual taxpayer for the reporting period. Gross interest The sum of lease expenses for both primary and non-primary production activities, which includes expenditure incurred on financial leases and on operating leases for assets such as motor vehicles and plant. Lease expenses The cost of all intangible depreciating assets for which a business deduction is being claimed for decline in value for the first time. A depreciating asset starts to decline in value from the time it is used or installed ready for use for any purpose, including a private purpose. However, a deduction can only be claimed for the decline in value to the extent that the asset is used for a taxable purpose, such as for producing assessable income. If there has been an allocation to intangible depreciating assets with a cost of less than $1,000 to a low-value pool for the income year, it needs to be included the cost of those assets at this field. Intangible depreciating assets first deducted The cost of all depreciating assets (other than intangible depreciating assets) for which a business deduction is being claimed for the decline in value for the first time. A depreciating asset starts to decline in value from the time it is used or installed ready for use for any purpose, including a private purpose. However, a deduction can only be claimed for the decline in value to the extent that the asset is used for a taxable purpose, such as for producing assessable income. If there has been an allocation to intangible depreciating assets with a cost of less than $1,000 to a low-value pool for the income year, it needs to be included the cost of those assets at this field. Other depreciating assets first deducted The sum of all the taxed element amounts that appear under the heading 'Lump sum in arrears - taxable component' on individual taxpayer's superannuation income stream payment summaries. Australian annuities and superannuation income streams Lump sum in arrears "Taxed element" To complete this field, individual taxpayer needs For annuities - PAYG payment summary individual non-business which shows the amount of annuity and its undeducted purchase price (UPP) For superannuation income streams - PAYG payment summary superannuation income stream. The sum of all the untaxed amounts that appear under the heading 'Lump sum in arrears - taxable component' on individual taxpayer's superannuation income stream payment summaries. Australian annuities and superannuation income streams Lump sum in arrears "Untaxed element" To complete this field, individual taxpayer needs For annuities - PAYG payment summary individual non-business which shows the amount annuity and its undeducted purchase price (UPP) For superannuation income streams - PAYG payment summary superannuation income stream. The individual taxpayer needs to add up the taxed element amounts that appear under the heading 'Taxable component' on superannuation income stream payment summaries. The field needs to be informed with that amount. Australian annuities and superannuation income streams Taxable component "Taxed element" To complete this field, individual taxpayer needs For annuities - PAYG payment summary individual non-business which shows the amount annuity and its undeducted purchase price (UPP) For superannuation income streams - PAYG payment summary superannuation income stream. This field is sum of following two different components - a) Sum of any untaxed element amounts that appear under the heading 'Taxable component' on superannuation income stream payment summaries b) For Australian annuities, take the 'deductible amount' of the annuity's UPP away from the gross amount shown. This will be the amount for 2nd component to be added Australian annuities and superannuation income streams Taxable component "Untaxed element" The taxed component of Australian superannuation lump sum payments Taxable part, as shown on the PAYG payment summary - superannuation lump sum. Australian superannuation lump sum payments Taxable component "Taxed element" The untaxed component of Australian superannuation lump sum payments Taxable part, as shown on the PAYG payment summary - superannuation lump sum. Australian superannuation lump sum payments Taxable component "Untaxed element" The value of any discount on ESS Interests acquired pre 1 July 2009 and 'cessation time' occurred during financial year the employee has received as shown on the employee share scheme statement. The ‘discount’ is the difference between the market value of the ESS interests and the amount the individual paid to acquire them. Cessation time is the time when restrictions or conditions affecting the disposal of the relevant interests ceased to exist. Discount on ESS Interests acquired pre 1 July 2009 and 'cessation time' occurred during financial year The value of any ESS discounts from deferral schemes that the employee has received as shown on the employee share scheme statement. Discount from deferral schemes The calculated total assessable discount amount. Total Assessable discount amount The total amount of discounts from ESS interests which are being claimed as a foreign income tax offset. Foreign source discounts The value of any ESS discounts from taxed upfront schemes which are not eligible for reduction that the employee has received as shown on the employee share scheme statement. Discount from taxed upfront schemes - not eligible for reduction The value of any ESS discounts from taxed upfront schemes which are eligible for reduction that the employee has received as shown on the employee share scheme statement. Discount from taxed upfront schemes - eligible for reduction The foreign tax offset amount. This field is the combined total of foreign tax paid and any available 'pre-commencement excess foreign income tax' if the total amount of foreign tax paid during the applicable reporting period did not exceed $1,000. The total foreign tax offset needs to be calculated if the total foreign tax paid exceeds $1000. Foreign income tax offset The sum of all the gross payment amounts on completed payment summary schedule that have a N in the corresponding TYPE box where N is 'withholding where ABN not quoted' PSI where Australian business number not quoted The number of business activities being undertaken. The number of business activities showed at this field should not be less than the number shown at item 'Business loss activity details'. The number of business activities range from 1 to 99. Number of business activities The sum of all the gross payment amounts on completed payment summary schedule that have a S in the corresponding TYPE box where S is 'labour hire or other specified payments' PSI - labour hire or other specified payments Your personal services income includes personal services income under a pay as you go (PAYG) voluntary agreement personal services income from which an amount was withheld because you did not quote your Australian business number (ABN) personal services income from working under a labour hire arrangement as an independent contractor payments (called specified payments) for tutorial services you provided for the Indigenous Tutorial Assistance Scheme of the Department of the Prime Minister and Cabinet translation and interpretation services you provided for the Translating and Interpreting Service National of the Department of Immigration and Border Protection performing as a performing artist in a promotional activity. Net Personal Services Income Any other PSI amounts received. PSI - other The sum of all the gross payment amounts on completed payment summary schedule that have a V in the corresponding TYPE box where V is 'Voluntary agreement' PSI - voluntary agreement The valid values are: True - the death benefit was made to a non dependant False - the payment was not for a death benefit made to a non dependant Australian superannuation lump sum payments - death benefit was made to a non dependant The date when the individual taxpayer received a superannuation lump sum payment or superannuation death benefit payment including those paid by: - superannuation funds - approved deposit funds - retirement savings account providers - life insurance companies. - ATO with respect of the superannuation guarantee charge or the superannuation holding accounts special account - payment received from the unclaimed money registers. Australian superannuation lump sum payments "Date of payment" The sum of total superannuation lump sum payments derived from foreign income and the taxable amount of other foreign source income. Other net foreign source income The ammount of personal services income recived and notified on a PAYG payment summary - business and personal services income showing an X against 'Personal services attributed income', or personal services income attributed to you. Attributed personal services income Indicate if the taxpayer ever directly or indirectly, caused the transfer of property (incl. money) or services to a non-resident trust estate. Valid values are: TRUE = Entity receives income from a foreign trust, controlled foreign company, or transferor trust. FALSE = Entity did not receive income from a foreign trust, controlled foreign company, or transferor trust. Have you ever, either directly or indirectly, caused the transfer of property (incl. money) or services to a non-resident trust estate? The total other deductions against the PSI earned. If the individual taxpayer is registered or required to be registered for GST, their deductions should not include the amount that relates to input tax credit entitlements. Total amount of other deductions against PSI The deductions to be claimed for payments to associates for principal work. The following are examples of items that may be claimed for a deduction: - Premiums for workers compensation, public liability and professional indemnity insurance bank and other account-keeping fees and charges - Tax-related expenses, such as the cost of preparing and lodging a tax return or business activity statement (BAS) - Registration or licensing fees expenses for advertising, tendering and quoting for work - Deduction for decline in value of depreciating assets. Deductions for payments to associates for principal work Only populate when the difference between the value of individual taxpayer's opening stock and a reasonable estimate of their closing stock is more than $5,000.00 otherwise it is up to individual taxpayer's discretion if they want to inform this field or not. If this is individual taxpayer's first year in business, the value of closing stock will be zero. Closing stock The value of the opening stock for both primary and non-primary production stock. The opening value of an item of stock must equal its closing value in the previous year. The total value of all stock on hand at the start of the year is equal to the amount shown as closing stock on previous year's schedule. Opening stock The total amount owing to the business at the end of the reporting year for goods and services provided during the income year - that is, current trade and other debtors. Where more than one business was carried on, the total of all trade and other debtors amounts are to be inform in this field. Trade debtors The total amount owed by the business at the end of the year for goods and services received during the income year - that is, current trade and other creditors. Where more than one business was carried on, the total of all trade and other creditors amounts are to be inform in this field. Trade creditors The code to denote the type of closing stock reported. Valid values are: 'C' - cost 'M' - market selling value 'R' - replacement value. Closing stock action code The total of any amounts received or deemed to have been received for all intangible depreciating assets that the business stopped holding or using, other than: - assets allocated to a general small business pool or a long-life small business pool in a prior year - low-cost assets for which an immediate deduction has been allowed under the simplified depreciation rules - in-house software for which they allocated expenditure to a software development pool. Termination value of intangible depreciating assets The total of any amounts received or deemed to have been received for all depreciating assets that the business stopped holding or using, other than: - intangible depreciating assets - assets allocated to a general small business pool or a long-life small business pool in a prior year - low-cost assets for which an immediate deduction has been allowed under the simplified depreciation rules - buildings or structures for which a deduction is available under the capital works provisions assets falling within the provisions relating to investments in Australian films. Termination value of other depreciating assets Additional Information Valid ETP Payment Type codes are: D = a death benefit ETP paid to a dependant of the deceased N = a death benefit ETP paid to a non-dependant of the deceased B = a death benefit and the client was not a dependant of the deceased and the client received another death benefit ETP in an earlier income year for the same termination of employment S = a life benefit ETP (not being a transitional termination payment or a death benefit ETP) and the client received another life benefit ETP in an earlier income year for the same termination of employment O = Non-excluded payment P = non-excluded payment and taxpayer received another excluded or non-excluded ETP, or a transitional termination payment, in an earlier income year for the same termination R = Excluded payment ETP Code Other refundable tax offsets This field needs to be informed with: - The whole bonus amount individual taxpayer received in applicable reporting period if they received it during the first eight years of the policy - Two-thirds of the bonus amount individual taxpayer received in applicable reporting period if individual taxpayer received it during the ninth year of the policy, or - One-third of the bonus amount individual taxpayer received in applicable reporting period if they received it during the 10th year of the policy. Individual taxpayer will get a tax offset equal to 30% of any bonus amounts included in their income. ATO works out this tax offset for the individual taxpayer . Bonuses from life insurance companies and friendly societies The net capital gain amount for the applicable reporting period. In the following order, these are applied as applicable to the individual taxpayer to obtain the net capital gain amount. - Capital losses from current reporting year - Unapplied net capital losses from earlier years - Any CGT discounts - The small business 50% active asset reduction - The small business retirement exemption or rollover Net capital gain The non-primary production deferred non-commercial losses from a prior year. The non-commercial business loss may be reduced if the individual taxpayer: - earned net exempt income in this income year, or - became bankrupt or were released from any debts by the operation of an Act relating to bankruptcy. Non-PP - Deferred non-commercial losses from a prior year The primary production deferred non-commercial losses from a prior year. The non-commercial business loss may be reduced if the individual taxpayer: - earned net exempt income in this income year, or - became bankrupt or were released from any debts by the operation of an Act relating to bankruptcy. PP - Deferred non-commercial losses from a prior year The share of non-primary production deferred losses. This loss could have been gained through the activities of a sole trader or a partnership. Non-primary production deferred losses Your share of deferred losses from partnership activities - from carrying on a business of investing Your share of deferred losses from partnership activities - other Your share of deferred losses from partnership activities - from carrying on a rental property business The share of net losses (from business activities carried out in partnership with others) that are to be deferred. Your share of deferred losses from partnership activities The share of primary production deferred losses. This loss could have been gained through the activities of a sole trader or a partnership. Primary production deferred losses The losses from sole trader activities that are to be deferred. Deferred losses from sole trader activities Deferred losses from sole trader activities - from carrying on a business of investing Deferred losses from sole trader activities - other Deferred losses from sole trader activities - from carrying on a rental property business The sum of net financial investment losses incurred. When calculating net financial investment loss, interest accrued from everyday transaction accounts is not included. Net financial investment loss The sum of all net financial investment losses and all net rental property losses incurred by the spouse. When calculating net financial investment loss, interest accrued from everyday transaction accounts is not included. If this amount is zero, inform this field with 0. Your spouse's total net investment loss The net loss amount for the activity deriving the largest loss. Business loss activity - Net loss amount The deferred non-commercial loss from a prior year for the activity deriving the largest loss. Activity - Deferred non-commercial loss from a prior year The sum of any net rental property loss incurred. Net rental property loss is calculated as follows (a) Add Net Foreign Rent (if any) (b) Net Rent (if any) (c) Share of net rental property income or loss (negative for loss) (d) Net income or loss from rental property business (negative for loss) (f) low-value pool deductions Net rental property loss = (a) + (b) + (c) + (d) - (f) if this figure is a negative number otherwise inform this field with zero Net rental property loss The reference number of the product ruling for the activity deriving the largest loss. Private ruling Number The year of the product ruling for the activity deriving the largest loss. The year stated for the business activity loss is valid from 1998 or later income year, up to and including the current income year. Product ruling year The reference number of the product ruling for the activity deriving the largest loss. Product ruling number Valid values are: BeneficiarySpecialDisabilityTrust = The tax paid by the trustee as a refundable tax offset for the principal beneficiary of a Special Beneficiary Trust. MultipleTaxOffsets = Multiple offsets claimed. ExplorationCreditRefundableTaxOffset = Only the exploration credit refundable tax offset is being claimed. Other refundable tax offsets code Indicate the code that denoted the type of salary and wage expense. The valid values are: 'C' - Cost of sales 'A' - All other expenses 'B' - Both Cost of sales and All other expenses 'O' - Other than Cost of sales and All other expenses. Total salary and wage expenses action code The number of hours it took to complete the required information. The response to this item helps the ATO to monitor the costs involved in complying with tax obligations as closely as possible. Hours taken to prepare and complete the BPI section Remote areas are classed as either zone A or zone B. There are also special areas within these zones. To qualify for the tax offset, the individual taxpayer's usual residence must be situated have in a remote area (not necessarily continuously) for: - 183 days or more during the applicable reporting period, or - 183 days or more during the period one year prior to the applicable reporting period (including at least one day in the current applicable reporting period) and did not claim a zone tax offset in their previous tax return. The Individual taxpayer is eligible for an overseas forces tax offset if they served in a specified overseas locality as a member of the Australian Defence Force or a United Nations armed force in the applicable reporting period and income relating to that service was not specifically exempt from tax. Overseas Offset You may be eligible for an overseas forces tax offset if you served in a specified overseas locality as a member of the Australian Defence Force or a United Nations armed force during the applicable reporting period and income relating to that service was not specifically exempt from tax. Periods of service for which your income was ‘exempt foreign employment income’ are excluded in working out your eligibility for the tax offset. Your employer will be able to advise you whether you served in a locality that qualifies for the overseas forces tax offset. To claim the full tax offset, you must have served in the overseas locality for 183 days or more during the applicable reporting period. If your overseas service was less than 183 days, you may be able to claim part of the tax offset. Unlike the zone tax offset, you cannot carry forward any unused days from previous years to make up 183 days. If you served in an overseas locality for less than 183 days, but the total number of days served in the overseas locality, when added to the number of days served in one or more zones, is 183 days or more, you may still be entitled to claim the full overseas forces tax offset. If you served as a member of the Australian Defence Force, days spent in a zone must be defence force service. If you qualify for both an overseas forces tax offset and a zone tax offset, you can claim only one of them. Claim the higher one. For further information on Zone or Overseas Forces, refer to the ATO website: https://www.ato.gov.au Zone or overseas forces tax offset The attributed foreign income from transferor trusts. If the transferor trust income is not 0, the individual taxpayer needs to provide the name of the non-resident trust and its trustee or trustees, and the amount of any attributable income in relation to the trust. Transferor trust income The industry code associated to the description of the main activity. The Business Industry Codes 2013 publication contains approximately 7000 different industry codes. Industry code The industry code associated to the description of the activity deriving the largest loss. The Business Industry Codes 2013 publication contains approximately 7000 different industry codes. Business loss activity - Industry code The sum of the following exempt payments received by your spouse can include: - Disability support pension - Wife Pension - Carer Payment - Invalidity service pension - Partner service pension Amount of any exempt pension income received by your spouse in the year of the return The total salary, wages and other labour costs actually paid or payable to persons employed by the business. Any salary and wage component of cost of sales, such as allowances, bonuses, casual labour, retainers and commissions paid to people who received a retainer, and workers compensation paid through the payroll needs to be included at this field. Also included at this field are direct and indirect labour, holiday pay, locums, long service leave, lump sum payments, other employee benefits, overtime, payments under an incentive or profit-sharing scheme, retiring allowances and sick pay, any salary or wages paid to relatives and other related entities. Total salary and wage expenses The total number of days the individual taxpayer was exempt from paying full levy during the reporting period. Exemption - number of days full levy exemption The total number of days the individual taxpayer was exempt from paying half of the medicare levy during the reporting period. Exemption - number of days half levy exemption This field must indicate where the individual taxpayer satisfied any of the personal services business test if they received less than 80% of their PSI income from each source for the whole of the period they earned PSI. Valid values are: TRUE = personal services business did satisfy the business premises test in the income year. FALSE = personal services business did not satisfy the business premises test in the income year. PSI - business premises test This field must indicate where the individual taxpayer satisfied any of the personal services business test if they received less than 80% of their PSI income from each source for the whole of the period they earned PSI. Valid values are: TRUE = personal services business did satisfy the employment test in the income year. FALSE = personal services business did not satisfy the employment test in the income year. PSI - employment test Indicate where a personal services business determination was in force for the whole period in which PSI was earned. A personal services business determination is a notice from the Commissioner stating that the individual taxpayer is conducting a personal services business. If the individual taxpayer has a personal services business determination from the Commissioner, the PSI rules do not apply to their PSI and any deductions. Valid values are: TRUE = Personal Services Business (PSB) was held in respect to the individual. FALSE = Personal Services Business (PSB) was not held in respect to the individual. Received a personal services business determination(s) for the whole of the period PSI earned Indicate where the results test has been satisfied. To satisfy the results test, the individual taxpayer must be able to answer yes to all the following questions in regards to at least 75% of the personal services income, for the applicable reporting period: - Under the contract or arrangement, was the PSI paid to achieve a specified result or outcome? - Did they have to provide the tools or equipment necessary (if any) to do individual taxpayer's work? (If no tools or equipment were required, answer yes.) - Was the individual taxpayer liable for rectifying defects in their work? Valid values are: TRUE = Results test was satisfied in respect of any individual. FALSE = Results test was not satisfied in respect of any individual. Satisfied the results test Indicate where the individual taxpayer satisfied any of the personal services business test if they received less than 80% of their PSI income from each source for the whole of the period they earned PSI. Valid values are: TRUE = personal services business did satisfy the unrelated clients test in the income year. FALSE = personal services business did not satisfy the unrelated clients test in the income year. PSI - unrelated clients test Some examples of business deductions to inform on this field are - Individual taxpayer's share of a partnership loss from a business - Deductions related to the partnership distribution - Personal service income deductions in the Business and professional item schedule for individual taxpayers which relate to carrying on the business - Deductions for costs involved in managing business tax affairs as a sole trader or partnership business. Other deductions from business income The total amount of work related car expenses from each employer during the reporting period. The amount on this field should be same as sum of all car expenses field on schedule W (Work related expenses schedule), if attached. The car which the expenses are being claimed must be: - owned by the individual or - leased by the individual or - hired by the individual under a hire-purchase agreement. The deductions include the cost of trips between home and workplace if: - Car was used to carry bulky tools or equipment to use for work - Individual taxpayer started work at home and travelled to a workplace to continue the work for same employer - Individual taxpayer regularly worked at more than one site each day. It also includes cost of following trips: - Between two separate places of employment - From normal workplace to an alternative workplace - From home to an alternative workplace and then to normal workplace Work related car expenses Identify the work related car expenses action code. The valid values are: - Cents per kilometre - Logbook Work related car expenses action code The amount on this field should be same as sum of all clothing expenses field on schedule W (Work related expenses schedule), if attached. The deductions include tax deductible expenses incurred by an employee for work-related: - protective clothing - uniforms (compulsory and non-compulsory) - occupation-specific clothing, and - laundering and dry-cleaning of clothing listed above. Work related uniform, occupation specific or protective clothing, laundry and dry cleaning expenses Indicate the clothing and laundry codes. The valid values are: - Protective clothing - Compulsory work uniform - Non-compulsory work uniform - Occupation specific clothing Work related uniform, occupation specific or protective clothing, laundry and dry cleaning expenses action code The sum of all dividend deductions for the reporting period. Dividend deductions include: - fees for investment advice relating to changes in the mix of investments - interest paid on money borrowed to purchase shares or similar investments - costs relating to managing investments, such as travel and buying specialist investment journals or subscriptions. Dividend deductions Work related self-education expenses action codes are: - Maintains or improves a skill or specific knowledge - Leads to increased income - Other circumstances Work related self-education expenses action code The amount on this field should be same as sum of all self education expenses field on schedule W (Work related expenses schedule), if attached. Following guidelines must be followed to claim a work related self-education expense: - The course maintained or improved a skill or specific knowledge required for current work activities - The course was leading to, or was likely to lead to, increased income from work activities, or - Other circumstances existed which established a direct connection between the course and the work activities. Work related self-education expenses The election expenses being claimed as a deduction. Other deductions - Election expenses The amount claimed as a deductible deposit in relation to the farm management deposit scheme. If the individual taxpayer received a distribution of income as a beneficiary of a trust that carried on a business of primary production, they are considered to be carrying on a business of primary production and therefore eligible for the farm management deposit tax concessions. If individual taxpayer is the beneficiary of a primary production trust that made a loss, they are considered to be in a business of primary production, and therefore eligible for the farm management deposit tax concessions, if: - The trustee of the primary production trust nominated the individual taxpayer as a chosen beneficiary, or - Individual taxpayer is the beneficiary of a fixed trust. Deductible deposits Other deductions relating to financial investments not included at another label The deductible amount of UPP of foreign pension or annuity Deductible amount of UPP of foreign pension or annuity Other deductions - debt deductions incurred in deriving foreign rental income, not claimed elsewhere The sum of the amounts of all gifts and donations. Gifts or donations The sum of all interest deductions for the reporting period. Interest deductions include: - bank or other financial institution account-keeping fees for accounts held for investment purposes - fees for investment advice relating to changes in the mix of investments - interest paid on money borrowed to purchase income-producing investments. Interest deductions The sum of all depreciation deductions under the category of low-cost assets related to primary and non-primary production. This field is only used by small business entities following the simplified depreciation rules. Small business entity simplified depreciation - Deduction for certain assets The low value pool deductions amounts. Assets can be allocated to a low-value pool include assets that an individual uses: - to work as an employee or - to gain rental income Low value pool deduction Low value pool deductions relating to financial investments Other low value pool deductions Low value pool deductions relating to rental properties Partnership deductions relating to financial investment amounts shown at "Distribution from partnerships less foreign income" Partnership deductions relating to rental property income or loss shown at "Distribution from partnerships less foreign income" A non-commercial business loss deferred from a prior year business activity can be included only if it relates to one of their current year partnership business activities which is the same as, or similar to, the prior year business activity which generated the loss. Deductions relating to amounts shown at Distribution from partnerships and Share of net income from trusts Indicate the type of other deductions for primary production activities. Valid values are: All - All of the amount consists of prior year deferred non-commercial losses Part - Part of the amount consists of prior year deferred non-commercial losses Other deductions relating to amounts shown type The deduction amount for project pool being claimed. Individual - Deduction for project pool The sum of all depreciation deductions under the category of general pool and general pool (half rate) related to primary and non-primary production. This field is only used by small business entities following the simplified depreciation rules. The small business entities deduction for each small business pool equals opening pool balance ($) multiplied by 30% The small business entities deduction at half the general pool rate are calculated as follows: - The taxable purpose proportion of the adjustable value of each depreciating asset first used for a taxable purpose for the current year multiplied by 15%, plus - The taxable purpose proportion of the cost addition amounts multiplied by 15%. Small business entity simplified depreciation - Deduction for general small business pool The amount being claimed in relation to the personal superannuation contributions deduction. The deductions claimed by individual taxpayer can only reduce their taxable income to nil. It cannot add to or create a loss. The deductions individual taxpayer claims may be used in the income tests for eligibility for certain tax offsets and government benefits. Deduction claimed The sum of the all the costs incurred in managing the individual's tax affairs. Cost of managing tax affairs include: - preparing and lodging tax return and activity statements - fees paid to a recognised tax adviser for preparing and lodging tax return - travel to obtain tax advice from a recognised tax adviser - buying tax reference material - dealing with ATO about tax affairs - appeals made to the Administrative Appeals Tribunal or courts in relation to tax affairs - an interest charge imposed by ATO. Cost of managing tax affairs The total of all deductible travel expenses from each employer during the reporting period. The amount on this field should be same as sum of all travel expenses field on schedule W (Work related expenses schedule), if attached. Work-related travel expenses include: - public transport, including air travel and taxi fares - bridge and road tolls, parking fees and short-term car hire - meal, accommodation and incidental expenses incurred while away overnight for work - expenses for motorcycles and vehicles with a carrying capacity of one tonne or more, or nine or more passengers, such as utility trucks and panel vans - actual expenses (such as any petrol, oil and repair costs) incurred to travel in a car that is owned or leased by someone else. Work related travel expenses Managed investment scheme deductions relating to amounts shown at "Share of net income from trusts less capital gains, foreign income and franked distributions" and "Franked distributions from trusts" Any share of other deductions relating to distributions from a partnership or trust including non-commercial business losses deferred from a prior year. Other deductions relating to amounts shown at "Distribution from partnerships less foreign income", "Share of net income from trusts less capital gains, foreign income and franked distributions" and "Franked distributions from trusts" Valid values are: - Entire - Entire amount at 'non-primary production - Landcare operations expenses' is a deferred non-commercial business loss from a prior year. - Part - Part of the amount at 'non-primary production - Landcare operations expenses' is a deferred non-commercial business loss from a prior year. Leave it blank if the amount at 'non-primary production - Landcare operations expenses' does not include any deferred non-commercial business losses from a prior year. Other deductions relating to amounts shown at "Distribution from partnerships less foreign income", "Share of net income from trusts less capital gains, foreign income and franked distributions" and "Franked distributions from trusts" type Other deductions relating to distributions shown at "Distribution from partnerships less foreign income", "Share of net income from trusts less capital gains, foreign income and franked distributions" and "Franked distributions from trusts" Other deductions - not in the above categories The amount on this field should be same as sum of all other work related expenses field on schedule W (Work related expenses schedule), if attached. Other work related expenses include: - union fees and subscriptions to trade, business or professional associations - certain overtime meal expenses - professional seminars, courses, conferences and workshops - reference books, technical journals and trade magazines - safety items such as hard hats, safety glasses and sunscreens - the work-related proportion of some computer, phone and home office expenses - tools and equipment and professional libraries Other work related expenses The benefit code reported on the individuals private health insurance statement. Valid values are: 30 - Amounts received prior to the first April in the financial year and oldest person on policy is less than 65 years old 35 - Amounts received prior to the first April in the financial year and oldest person on policy is 65 to 69 years old 40 - Amounts received prior to the first April in the financial year and oldest person on policy is 70 years or over 31 - Amounts received on or after the first April in the financial year and oldest person on policy is less than 65 years old 36 - Amounts received on or after the first April in the financial year and oldest person on policy is 65 to 69 years old 41 - Amounts received on or after the first April in the financial year and oldest person on policy is 70 years or over Benefit code Your Australian Government rebate received Your premiums eligible for Australian Government rebate Valid values: No dependants - No dependants Dependants - Have a dependent child or a sibling, or you paid for a dependent-child-only policy Claiming your share of rebate - Claiming your share of the rebate, or you are a parent claiming for a dependent-child-only policy Claiming your spouses share of rebate - Claiming your spouse's share of the rebate entitlement in relation to the policy Spouse claiming your share of rebate - Your spouse is claiming your share of the rebate Covered as dependent child - Covered as a dependent child on a private health insurance policy Tax claim code The number of dependent children during the reporting period. If the taxpayer had a spouse on the last reporting day of the reporting period or the spouse died during reporting period and taxpayer did not have another spouse before the end of the year, all the dependent children need to be counted. If the taxpayer was single or separated on last reporting day of the reporting period, they need to count only the number of dependent children for whom they received the family tax benefit (FTB) during all or part of reporting period. Number of dependent children and students If the taxpayer does not have an appropriate level of private patient hospital cover, they may be liable for Medicare Levy Surcharge (MLS). Whether or not taxpayer is liable to pay MLS depends on: - Taxpayer's income for MLS purposes and - Taxpayer and spouse's combined income for MLS purposes, if taxpayer had a spouse for the whole of reporting period or if spouse died in the reporting period. You and all your dependants covered by private patient hospital cover for the whole financial year If the taxpayer is liable for the surcharge for part of the reporting period, they must The number of days they were not liable for surcharge. If the taxpayer is not liable for the surcharge for the whole reporting period they must write 365 or 366(if the reporting year is a leap year) at this field. Number of days not liable for surcharge The share of credit for TFN amounts withheld from interest, dividends and unit trust distributions. Share of credit for TFN amounts withheld from interest, dividends and unit trust distributions This is the sum of following fields : - Tax withheld from salary or wages - Tax withheld from allowances, earnings, tips, director's fees, etc. - Tax withheld from lump sum for unused leave after 15/08/78 - Tax withheld from lump sum for unused leave before 16/08/78 - ETP Tax withheld amount - Tax withheld from Australian Government allowances and payments like newstart, youth allowance and austudy payment - Tax withheld from Australian Government pensions and allowances - Australian annuities and superannuation income stream tax withheld - Australian superannuation lump sum payments "Tax withheld amount" - Tax withheld from attributed personal services income Total tax withheld All taxes withheld from - employment allowances 1 - car and travel allowances, and reimbursements of car expenses 2 - award transport payments (paid under an industrial law or award that was in force on 29 October 1986) 3 - tool, clothing and laundry allowances 4 - dirt, height, site, first aid and risk allowances 5 - meal and entertainment allowances. - tips - gratuities - consultation fees - payments for voluntary and other services. - commissions, bonuses - casual job income - insurance payments (income protection, sickness and accident policies). The sum of total tax withheld by all payers on allowances, earnings, tips, director's fees etc for the individual taxpayer. Allowances, earnings, tips, director’s fees etc Tax withheld To complete this field, individual taxpayer needs For annuities – PAYG payment summary individual non-business which shows the amount annuity and its undeducted purchase price (UPP) For superannuation income streams – PAYG payment summary superannuation income stream. The taxpayer needs to add up the tax withheld shown on each payment summaries for superannuation income streams and annuities. Write the total under tax withheld Australian annuities and superannuation income stream tax withheld To complete this field, individual taxpayer needs - PAYG payment summary( individual non-business), or - a letter from the agency that paid the allowance or payment stating the amount received. The taxpayer needs to add up the tax withheld shown on each payment summaries and letters. Write the total under Tax withheld Tax withheld from Australian Government allowances and payments like newstart, youth allowance and austudy payment To complete this field, individual taxpayer needs - PAYG payment summary( individual non-business), or - a letter from the agency that paid the allowance or payment stating the amount received. The taxpayer needs to add up the tax withheld shown on each payment summaries and letters. Write the total under Tax withheld Tax withheld from Australian Government pensions and allowances The tax withheld where the Australian business number has not been quoted relating to the net income or loss from business. This field equals the sum of Gross payments where the Australian business number has not been quoted under primary production and non-primary production income as reported in the business income and expenses fields of the business and professional items section. Also this amount must equal the sum of the amounts of tax withheld where the Australian business number has not been quoted on the Payment Summary schedule for business income. Net income/loss from business tax withheld where Australian business number not quoted The tax withheld subject to foreign resident withholding relating to the net income or loss from business. This field equals the sum of Gross payments subject to foreign resident withholding under non-primary production income as reported in the business income and expenses fields of the business and professional items section. Also this amount must equal the sum of the amounts subject to foreign resident withholding on the Payment Summary schedule for business income. Net income/loss from business tax withheld - foreign resident withholding The tax withheld from labour hire or other specified payments relating to the net income or loss from business. This field equals the sum of Gross payments from labour hire or other specified payments under primary production and non-primary production income as reported in the business income and expenses fields of the business and professional items section. Also this amount must equal the sum of the amounts from labour hire or other specified payments on the Payment Summary schedule for business income. Net income/loss from business tax withheld - labour hire or other specified payments The tax withheld under a voluntary agreement relating to the net income or loss from business. This field equals the sum of Gross payments under voluntary agreements under primary production and non-primary production income as reported in the business income and expenses fields of the business and professional items section. Also this amount must equal the sum of the amounts of tax withheld under a voluntary agreement on the Payment Summary schedule for business income. Net income/loss from business tax withheld voluntary agreement The total share of credit for TFN amounts withheld from payments from closely held trusts: This will be the sum of all beneficiary amounts entered in the 'Share of credit for TFN amounts withheld from payments from closely held trusts'. Credit for TFN amounts withheld from payments from closely held trusts The total of TFN amounts withheld from dividends received, less any refund of TFN amounts withheld. TFN amounts withheld from dividends The sum of all the TFN amounts withheld from discounts the employee has received as shown on the employee scheme statement. ESS TFN amounts withheld from discounts This field needs to be informed with the total tax withheld of employee termination payment as shown on PAYG payment summary – employment termination payment. ETP Tax withheld amount The share of credit for tax withheld from foreign resident withholding. Amounts may be withheld from some payments to specific recipients due to the operation of the foreign resident withholding measure. These payments relate to entertainment or sports activities, construction and related activities and casino gaming junket activities. Enter the share of any foreign resident withholding credits received from a partnerships or trust. Ensure that this amount is included in the gross distribution amount at Distribution from partnerships, less foreign income or Distribution from trusts, less net capital gain and foreign income. Share of credit for amounts withheld from foreign resident withholding The tax withheld lump sum payment in arrears which includes: - Back payments of salary or wages that accrued in a period more than 12 months before the date of payment - Salary or wages that accrued during a period of suspension and were paid on resuming duty - Back payments of non-superannuation annuities that accrued, in whole or in part, in an earlier year or years of income - Back payments of repatriation and social welfare pensions, allowances or payments, including those paid by foreign governments - Back payments of periodical workers and accident compensation payments but not payments made to the owner of the policy - Back payments of Commonwealth education or training payments. Tax withheld - lump sum payments in arrears The tax withheld from the PAYG payment summary – business and personal services income Tax withheld from attributed personal services income The total amount of personal services income where tax was withheld due to the ABN not being quoted. The amounts at this field must relate to the payments shown at PSI – Australian business number not quoted under Business and professional items section. Also, this amount must equal the sum of the amounts of tax withheld on the Payment Summary schedule for Personal services where ABN not quoted. Tax withheld where Australian business number not quoted The total amount of personal services income where tax was withheld from labour hire or other specified payments. The amounts at this field must relate to the payments shown at PSI – labour hire or other scheduled payments under Business and professional items section. Also this amount must equal the sum of the amounts of tax withheld on the Payment Summary schedule for Personal services for labour hire and other specified payments. Tax withheld - labour hire or other specified payments The total amount of personal services income where tax was withheld under a voluntary agreement. The amounts at this field must relate to the payments shown at PSI – voluntary agreement under Business and professional items section. Also, this amount must equal the sum of the amounts of tax withheld on the Payment Summary schedule for Personal services income under voluntary agreement. Tax withheld - voluntary agreement The 'Total tax withheld' from each PAYG payment summary - individual non-business and each PAYG payment summary - foreign employment. Do not include cents. Tax withheld The total amount of tax withheld, as shown on the PAYG payment summary – superannuation lump sum. Australian superannuation lump sum payments "Tax withheld amount" Tax withheld from lump sum for unused leave after 15/08/78: Enter the amount of Tax withheld from lump sum amounts paid for: - unused long service leave or annual leave that accrued after 15 August 1978 if the individual left a job because of bona fide redundancy, invalidity or under an approved early retirement scheme, - unused annual leave if the individual left their job because of bona fide redundancy, invalidity or under an approved early retirement scheme, - unused long service leave that accrued after 15 August 1978 and before 18 August 1993 if the individual did not leave their job because of bona fide redundancy, invalidity or under an approved early retirement scheme, or - unused annual leave that accrued before 19 August 1993 if the individual did not leave their job because of bona fide redundancy, invalidity or under an approved early retirement scheme. Tax withheld from lump sum for unused leave after 15/08/78 The tax withheld from lump sum for unused leave before 16/08/78, which is five per cent of lump sum payments received for unused long service leave which the taxpayer accumulated before 16 August 1978. Tax withheld from lump sum for unused leave before 16/08/78 Indicate where 80% or more of the PSI was earned from one source. Valid values are: TRUE = individual did satisfy the results test or hold a Personal Services Business (PSB) determination and more than 80% or more of their Personal Services Income (PSI) came from one source. FALSE = individual did not satisfy the results test or hold a Personal Services Business (PSB) determination and more than 80% or more of their Personal Services Income (PSI) came from one source. Received 80% or more of PSI from one source The gender code of the taxpayer's spouse as of the last day of the reporting period. A taxpayer's spouse includes another person (whether of same sex or opposite sex) who: - You were in a relationship with that was registered under a prescribed state or territory law - Although not legally married to you, lived with you in a genuine domestic basis in a relationship as a couple Valid values are: 1 = Male 2 = Female 3 = Intersex or Indeterminate Spouse's gender Reporting Party Declarer Position held of person making the declaration Intermediary Declarer Position held of person making the declaration Indicate if the taxpayer had any direct or indirect interest in a controlled foreign company. Valid values are: TRUE = Entity has an overseas branch or a direct or indirect interest in an entity. FALSE = Entity does not have an overseas branch or a direct or indirect interest in an entity. Had a direct or indirect interest in a controlled foreign company (CFC) If the individual taxpayer received any income from taxed/untaxed part of taxable component or lump sum amounts of Australian superannuation income streams, they may be entitled to a tax offset equal to: - 15% of the taxed element, or - 10% of the untaxed element. The total of tax offsets on payment summaries from all payers. Australian superannuation income stream The assessable foreign source income. Assessable foreign source income Inform where a taxpayer owned, or had an interest in, assets located outside Australia which had a total value of AUD $50,000 or more Owned, or had interest in, assets located outside Australia with total value of AUD $50,000 or more The exempt foreign employment income amount. If the amount was a loss, the field needs to be informed with 0. A foreign income tax offset on this income cannot be claimed. Exempt foreign employment income The other net foreign employment income amount. It is the difference between assessable amount and deductible expenses of foreign income of type - 'Employment income not shown on a PAYG payment summary - foreign employment' Other net foreign employment income The net foreign employment income. It is (a) - (b) where (a) - Total of all the 'Gross payments' from each PAYG payment summary - foreign employment. (b) - Total of all the deductible expenses incurred in earning the foreign employment income. Net foreign employment income - payment summary The sum of target foreign income received. Types of target foreign income need to be shown at this item include: - Regular receipts of money and gifts from relatives living overseas which are exempt from Australian tax. - Income from foreign business interests and investments, which are exempt from Australian tax, including income received by migrants with business interests in their country of origin. - Foreign source income received while individual taxpayer was a temporary resident that is exempt from Australian tax. - the amount of exempt foreign employment income you have shown at N item 20. All foreign income needs to be shown in Australian dollars. Target foreign income The sum of target foreign income received by the spouse. If this amount is zero, inform this field with 0. Your spouse's target foreign income The net foreign pension or annuity income with an undeducted purchase price amount. It is the difference between assessable amount and deductible expenses of foreign income of type - 'Pension or annuity income with an undeducted purchase price (UPP)' Net foreign pension or annuity income with an undeducted purchase price The net foreign pension or annuity income without an undeducted purchase price amount. It is the difference between assessable amount and deductible expenses of foreign income of type - 'Pension or annuity income without an undeducted purchase price (UPP)' Net foreign pension or annuity income without an undeducted purchase price The net foreign rent amount. It is the difference between assessable amount and deductible expenses of foreign income of type - 'Rental income' Net foreign rent Other net foreign source income - dividend income or managed investment scheme income from foreign companies - including from foreign partnerships Other foreign source income Your mobile phone number The amount being claimed for the dependent tax offset. The maximum amount of offset available for each dependent relative is: - $2,355 for an invalid or carer spouse - $864 for each invalid relative - $1,726 for each parent. Invalid and Invalid Carer tax offset If you received this offset in your 2012–13 income tax assessment, there is no change to the types of net medical expenses that you can claim. If you did not receive this offset in your 2012–13 income tax assessment you can only claim net medical expenses relating to disability aids, attendant care or aged care. Disability aids are items of property manufactured as, or generally recognised to be, an aid to the functional capacity of a person with a disability but, generally, will not include ordinary household or commercial appliances. Attendant care expenses relate to services and care provided to a person with a disability to assist with everyday living, such as the provision of personal assistance, home nursing, home maintenance, and domestic services. Aged care expenses relate to services and accommodation provided by an approved aged care provider to a person who is a care recipient or continuing care recipient within the meaning of the Aged Care Act 1997. Net medical expenses are your total medical expenses less refunds from Medicare and private health insurers which you, or someone else, received or are entitled to receive. They do not include contributions to a private health insurer, travel or accommodation expenses associated with medical treatment, or inoculations for overseas travel. This tax offset is income tested. The percentage of net medical expenses you can claim is determined by your adjusted taxable income (ATI) and family status. Total net medical expenses for disability aids, attendant care or aged care The share of the refundable National rental affordability scheme tax offset. Share of National rental affordability scheme tax offset Any amounts of other tax offsets being claimed. Other non-refundable tax offsets If an individual taxpayer is claiming for more than one type of tax offset and both codes apply, they must choose the code that applies to the larger amount. Other non-refundable tax offsets action code You can claim the seniors and pensioners tax offset only if you meet all the following conditions relating to: - eligibility for Australian Government pensions and similar payments, and - income. Eligibility for Australian Government pensions and similar payments. You meet this condition if any of the following applied to you in 2013–14. A) You showed at item 6 on your return an Australian Government pension or allowance from Centrelink, or a pension, allowance or benefit from the Department of Veterans' Affairs (DVA). B) You satisfied the Centrelink age pension age requirement and were eligible for an Australian Government age pension during 2013–14, but did not receive it because you did not make a claim or because of the application of the income test or the assets test, and you satisfy one of the following: you have been an Australian resident for age-pension purposes for either 10 continuous years or for more than 10 years of which five years were continuous you have a qualifying residence exemption (because you arrived in Australia as a refugee or under a special humanitarian program) you are a woman who was widowed in Australia (at a time when both you and your late partner were Australian residents), you have made a claim for the age pension and you had two years residence immediately before your claim you received a widow B pension, widow allowance, mature age allowance or partner allowance immediately before turning age-pension age you would qualify under an international social security agreement. C) You satisfied the veteran pension age test and were eligible for a pension, allowance or benefit from Veterans' Affairs during 2013–14, but did not receive it because you did not make a claim or because of the application of the income test or the assets test, and you satisfy either of the following: you are a veteran with eligible war service, or you are a Commonwealth veteran, allied veteran or allied mariner with qualifying service. Income - You meet this condition if any of the following applied to you in 2013–14. You did not have a spouse, and your rebate income was less than $50,119 You had a spouse, and the combined rebate income of you and your spouse was less than $83,580 At any time during the year you and your spouse had to live apart due to illness or because one of you was in a nursing home, and the combined rebate income of you and your spouse was less than $95,198. Seniors and pensioners - Tax offset code The amount of tax offset claimed for superannuation contributions on behalf of individual's spouse. If the sum of spouse's assessable income, total reportable fringe benefits amounts and reportable employer superannuation contributions was $10,800 or less - Multiply amount of contributions (if they are less than $3000.00) by 0.18 and that will be the tax offset that needs to be informed at this field. If the amount of contributions are greater than $3000.00, multiply 3000 by 0.18 and that will be the tax offset If the sum of spouse's assessable income, total reportable fringe benefits amounts and reportable employer superannuation contributions was between $10,800 and $13,800, take $10,800 away from total income of spouse. Take the result of this difference away from $3000.00. Choose the lesser of this result and amount of contributions made and multiply that with 0.18 and that will be the tax offset. Superannuation contributions on behalf of your spouse tax offset The total amount of the following tax offsets: - Spouse (without dependent child or student) - Australian superannuation income stream tax offset - Total supplement tax offsets Total tax offsets Valid values are: Veteran War Widow Widower - Individual taxpayer was a veteran, war widow or war widower. Spouse Veteran War Widow Widower - Individual taxpayer's spouse was a veteran, war widow or war widower. Both - If both a veteran war widow widower and a spouse of a veteran war widow widower apply. Seniors and pensioners - Veteran code This question applies only if your income tax liabilities from earlier years have not absorbed all of the excess or unused landcare and water facility tax offset available to you. There is no limit to the number of years you can carry forward any balance of landcare and water facility tax offset. For further information on the Landcare and water facility tax offset, refer to the ATO website at https://www.ato.gov.au Landcare and water facility tax offset brought forward from prior years Dividends - Franking credit: Enter the amount of franking credits received directly from a paying company. The amount at Dividends- Franking credit is distributed to the partners, beneficiaries or trustee and is allowed as a tax offset to reduce their tax payable. Dividends - Franking credit The description of the occupation from which the individual taxpayer received most of the income. Occupation description must be present in the tax return of an individual taxpayer where wage or salary income is present or where there is a claim for a work related expense deduction. Main salary or wage occupation description The status of the business. Valid values are: CommencedBusiness = Commenced business CeasedBusiness = Ceased business Status of business code The amounts paid to associated persons. Excessive or unreasonable payments to relatives, or a partnership in which the relatives are partners, may not be deductible. The PSI rules also limit deductions for payments to associates. Payments to associated persons The allowed indicator for the lump sum payment A type. If the field is greater than zero, this field must be set to one of the allowable indicators as specified below: The valid codes are: 'R'- Genuine redundancy, invalidity or under an early retirement scheme ; 'T'- From any other reason Lump sum payment type code box The reason provided for the lodgement of an amendment. Reason for amendment The order in which amendments need to be submitted for IITR. Amendment Sequence Number Identify the initiator of the amendment. The valid values are: 3 - ATO Error 4 - Taxpayer Error Amendment type code The Spouse's Customer reference number. This needs to be filled only if: - The individual taxpayer was the spouse of family tax benefit (FTB) claimant, or the spouse of child care claimant on the last day of reporting period and - The spouse has given the individual taxpayer the authority to quote their customer reference number (CRN) on the tax return - If the spouse does not know their CRN, they can contact the FAO and - The spouse has a debt due to FAO or expects to have a debt for current reporting period and - The individual taxpayer expects to receive a tax refund for the current reporting period and - The individual taxpayer consents to use part or all of their tax refund to repay the spouse's debt. Spouse's Customer reference number The healthcare provider membership number. Private health insurance - Membership number Indicate the valid health insurance fund. Examples of health insurer Ids are: 'ACA' - ACA Health Benefits Fund 'AHM' - AHM Health Insurance 'BUP' - Bupa Australia Pty Ltd Private health insurance - Health insurer ID Indicate if a trade stock election was made. If the individual taxpayer has valued trading stock on hand at the end of the income year at an amount that is less than the lowest amount available using one of the valuation methods at Closing stock, they must notify the Commissioner. Valid values are: true - trading stock election was made and tax commissioner must notified. false - trading stock election was not made and tax commissioner does need to be notified. Keep it blank if they don't have to notify. Trading stock election Reporting Party Declarer Signature Indicator Intermediary Declarer Signature Indicator Indicate if this is the last tax return that the taxpayer is filing. Valid values are: True = this is the last financial year that a tax return will be lodged. False = this is not the last financial year that a tax return will be lodged. Final tax return If the party is amending a previously lodged tax return this field must be set to True, otherwise this field must be set to False. Amendment indicator To complete this field, individual taxpayer needs - PAYG payment summary( individual non-business), or - a letter from the agency that paid the allowance or payment stating the amount received. The taxpayer needs to add up the gross payments shown on each of payment summaries and letters. Fill this field with the amount Amount of Australian Government pensions and allowances The sum of the following exempt payments received by your spouse can include: - Disability support pension. - Wife Pension. - Carer Payment. - Invalidity service pension. - Partner service pension. Amount of any Australian Government pensions and allowances received by your spouse in the year of the return Assessable balancing adjustment amounts for a low value pool deduction relating to financial investments Assessable balancing adjustment amounts for a low value pool deduction relating to a rental property The total share of credits for tax paid by a trustee on trust income, as shown on the statement of distribution. Share of credit for tax paid by trustee Valid values are: True - taxpayer made an eligible personal super contribution. False - taxpayer did not make an eligible personal super contribution. The Superannuation Co-Contributions indicator must be present only when the Income from investment, partnership and other sources for the Superannuation Co-Contributions is zero. Income from investment, partnership and other sources indicator This field is the result of (employment income or business income + share of income from a partnership carrying on a business in which taxpayer was a partner) - (income other than employment/business income, or employment/business income that related to another year). If this amount is negative, print L in the Loss box. Other income from employment and business Under 18 and exempt - If the taxpayer is under 18 years of age and is an exempt person: including people who were: working full time or had worked full time for three months or more in 2011-12 and intending to work full time for most or all of the following year entitled to a disability support pension or someone was entitled to a carer allowance to care for the person. permanently blind. disabled and were likely to suffer from that disability permanently or for an extended period. entitled to a double orphan pension, and you received little or no financial support from relatives. unable to work full time because of a permanent mental or physical disability, and received little or no financial support from relatives. the main beneficiary of a special disability trust. Multiple sources income and deductions - If the taxpayer is under 18 years of age and had income and deductions from one or more sources. 18 in subsequent year - if the taxpayer turns 18 years of age in the next year. Under 18 action code Under 18 exempt income is calculated by adding • employment income • taxable pensions or payments from Centrelink or the Department of Veterans' Affairs • a compensation, superannuation or pension fund benefit • income from a deceased person's estate • income from property transferred to you as a result of another's death or family breakdown, or to satisfy a claim for damages for an injury you suffered • income from your own business • income from a partnership in which you were an active partner • net capital gains from the disposal of any of the property or investments referred to above • income from investment of amounts referred to above Under 18 The amount on which family trust distribution tax has been paid, which would have been assessable income if family trust distribution tax had not been paid minus any expenses which would have been able to claim as a deduction if the distributions had been included in assessable income amounts. Distributions on which family trust distribution tax is payable may include: - Income or property from a trust or partnership - Dividends or property from a company - The use of property owned by the trust, partnership or company for which the individual taxpayer has not paid full value, such as the free use of a holiday house. Amount on which family trust distribution tax has been paid The distributions received by the spouse on which family trust distribution tax has been paid. This information can be obtained from trust distribution statements. If this amount is zero, inform this field with 0. Distributions to your spouse on which family trust distribution tax has been paid Income from a financial investment not included at another label The total Australian franking credits from a New Zealand company. Australian franking credits from a New Zealand franking company The share of a franking credit which can be claimed as a franking offset. This can only be claimed where it relates to the share of a franked dividend paid to a partnership or trust which is indirectly included in the amount of partnership income or loss reported at the non-primary production distribution from partnerships less foreign income field, or in the amount of trust income reported at the non-primary production income distributed from trusts less net capital gains and foreign income field or franked distribution reported at the franked distributions from trusts field. Share of franking credit from franked dividends Other Category 1 income Indicate the other income category one code. The valid action codes are: Salary and wage income - Salary and wage income Non provisional income - Non provisional income Other income category 1 action code The description of the category 1 income. Following types of income are included in category 1: - lump sum payments in arrears, except for those relating to superannuation income streams - foreign exchange gains - benefits or prizes from investment-related lotteries and some game-show winnings - reimbursement or recoupment of tax-related expenses or election expenses which you are claiming as a deduction - any assessable balancing adjustment when you stop holding a depreciating asset for which you have claimed a deduction for depreciation or decline in value in previous years - a gain on the disposal or the redemption of traditional securities - work-in-progress amounts that you have not included at item 15. Other income type - Category 1 description The total amount of all category 1 income claimed. Other income type - Category 1 - Amount Other category 2 income Indicate the other income category two code. The valid action codes are: Salary and wage income - Salary and wage income Non provisional income - Non provisional income Other income category 2 action code The description of the category 2 income. Following types of income are included in category 2: - jury attendance fees - royalties - bonus amounts distributed from friendly society income bonds - taxable scholarships, bursaries, grants or other educational awards - income from activities as a special professional - payments made to you under an income protection, sickness or accident insurance policy where the premiums were deductible and the payments replaced income, that you have not already shown at item 1 or 2 - interest from infrastructure borrowings if you intend to claim a tax offset at item T10 - allowances or payments you received as a member of a local government council that you have not shown at item 1 or 2 - other taxable allowances or payments you received from the Department of Human Services that you have not shown at item 5 or 6 Other income type - Category 2 description The total amount of all category 2 income claimed. Other income - Category 2 - Amount The criteria for populating this field is - Individual taxpayer made an eligible personal super contribution (for which they are not claiming a deduction) to a complying super fund or retirement savings account - Individual taxpayer was under 71 years old on end date of reporting period, and - Individual taxpayer's taxable income for the reporting period was less than $61,920. Income from investment, partnership and other sources amount This is the amount of tax losses individual taxpayer carried forward from previous financial year less the amount of net exempt income for current year. To calculate this value, Separate the amount of "Total tax losses from earlier years" into "losses from primary production" and "losses from non-primary production", then calculate "Net exempt income for current year" by subtracting "expenses relating to exempt income" from "exempt income of current financial year". If "Non-primary production losses from earlier years" is not '0' but "Primary production losses from earlier years" is '0', subtract "Net exempt income for this year" from "Non-primary production losses from earlier years". The result will be "Non-primary production losses carried forward from earlier income years". Non-primary production losses carried forward from earlier income years This is the amount of tax losses individual taxpayer carried forward from previous financial year less the amount of net exempt income for current year. To calculate this value Separate the amount of "Total tax losses from earlier years" into "losses from primary production" and "losses from non-primary production" then calculate "Net exempt income for this year" by subtracting "expenses relating to exempt income" from "exempt income of current financial year" to determine the “total prior year losses available for use this year�. If "Net exempt income for this year" is more than “Total tax losses from earlier years� no losses can be claimed. Other wise take "Net exempt income for this year" from “losses from primary production". This amount is Primary productions losses carried forward from earlier income years Primary production losses carried forward from earlier income years The non-primary production losses claimed this income year. This is derived from the amount 'Primary production losses claimed this income year' subtracted from 'Total Income or loss' less Total deductions'. Non-primary production losses claimed this income year If 'Total Income or Loss' less 'Total deductions' is not a loss for the individual taxpayer, Keep this field blank. In case 'Total Income or Loss' less 'Total deductions' is loss and it is more than or equal to 'total prior year losses available for use for current year', This field needs to be informed with 'Primary production losses carried forward from earlier income years'. In case 'Total Income or Loss' less 'Total deductions' is a loss and it is more than 'Primary production losses carried forward from earlier income years', This field needs to be informed with 'Primary production losses carried forward from earlier income years' otherwise inform this field with 'Total income or loss less Total deductions' Primary production losses claimed this income year Indicate the type of loss incurred. Valid values are: 1 - Individual taxpayer's assessable income from the business activity for this income year was at least $20,000 and they met the income requirement. 2 - The business activity produced a profit for tax purposes in three out of the past five years (including the current year) and they met the income requirement. 3 - The value of real property assets or interests in real property (excluding any private dwelling) used on a continuing basis in carrying on the business activity was at least $500,000 and they met the income requirement. 4 - The value of certain other assets (except cars, motor cycles or similar vehicles) used on a continuing basis in carrying on the business activity was at least $100,000 and they met the income requirement. 5 - ATO advised them in writing that the Commissioner will exercise his discretion to allow them to claim a loss for that business activity for the current income year. 6 - The loss was from a business activity they operated that was a professional arts business and their assessable income (excluding any net capital gain) from sources not related to that activity was less than $40,000. 7 - The loss is from a business activity they operated that is a primary production business and their assessable income (excluding any net capital gain) from sources not related to that activity was less than $40,000. 8 - The above loss codes don't apply and the loss was not solely due to Division 41 deductions 0 - Passive investment – partnership Business loss activity - Type of Loss If the individual taxpayer became an Australian resident for tax purposes during the reporting period - The number of months that individual taxpayer was an Australian resident for tax purposes up to end of reporting period, counting the first month during which individual taxpayer became a resident. For example, if individual taxpayer became a resident for tax purposes in November 2011 and remained a resident for the rest of the income year, this field needs to be informed with 8. If individual taxpayer stopped being an Australian resident for tax purposes during the reporting period - The number of months from start of reporting period to when individual taxpayer stopped being an Australian resident for tax purposes, counting the month in which they stopped being a resident. For example, if individual taxpayer stopped being a resident for tax purposes in September 2011, this field needs to be informed with 3. Number of months eligible for part-year tax-free threshold Identifies the taxpayer return is to be treated as a "short" form rather than a complete return. The valid value is: Short - refund for franking credit application. This presence of this field indicates that the shortened version of the individual tax form is being used. Income Tax Return Type The total of all TFN amounts of individual taxpayer for the reporting period. TFN amounts withheld from gross interest The amount of section 98 trust income received by the spouse. Do not include any amount that has already been included in spouse’s taxable income. If this amount is zero, inform this field with 0. Your spouse's section 98 trust income - not included in spouse's taxable income Reporting Party Declarer Signature date Intermediary Declarer Signature date The total current year capital gains amount. Any apply capital losses, any CGT discounts or the small business concessions (other than the 15-year exemption) are not to be applied at this field. Total current year capital gains Applied exemption or rollover code Exemption or rollover applied The amount of net capital losses carried forward. Net capital losses from earlier years can be used to reduce a capital gain in later years. Net capital losses carried forward to later income years Total deduction amount for capital works for the reporting period for rental buildings only. Capital works deductions may be available for capital expenditure on the construction of buildings and structural improvements and extensions, alterations or improvements to either of those. A percentage of that expenditure may be eligible as a deduction. Capital works deductions The total of other deductible expenses incurred in earning rental income. Other rental deductions The total deductible amount of interest expenses incurred in earning rental income. If borrowed monies are used to finance a property investment, interest paid on the borrowing generally is deductible. Interest deductions Valid Codes: 'C' - If taxpayer was a temporary resident for Medicare purposes and have a certificate from the Medicare Levy Exemption Certification Unit of Medicare Australia. If taxpayer does not fall within this category, this field has to be kept blank. Exemption - number of days full levy exemption action code The share of credit for tax withheld where ABN not quoted: If the income shown includes any share of amounts withheld where an ABN was not quoted, enter the share of that credit. Share of credit for tax withheld where Australian business number not quoted Indicate the type of business activity carried out in which a net loss was made. Business loss activity descriptions are; 161 - Partnership; 006 - Sole Trader. Business loss activity - Partnership or sole trader Indicate if the postal address of the taxpayer has changed since their last return was lodged. Postal address changed The number of dependent children during the reporting period. If the taxpayer had a spouse on the last reporting day of the reporting period or the spouse died during reporting period and taxpayer did not have another spouse before the end of the year, all the dependent children need to be counted. If the taxpayer was single or separated on last reporting day of the reporting period, they need to count only the number of dependent children for whom they received the family tax benefit (FTB) during all or part of reporting period. Number of dependent children The 6 digit code of the occupation of individual taxpayer. For example - 111111 - Chief executive officer 111211 - Manager 111212 - Air force senior officer Occupation code must be present in the tax return of an individual taxpayer where wage or salary income is present or where there is a claim for a work related expense deduction. Occupation code Indicate if the taxpayer had a spouse for the full financial year or not. This information is used to calculate medicare levy surcharge and total net medical expenses tax offset. Had spouse for the full year The end date of when the individual taxpayer had a spouse in DDMMYYYY format Spouse details - Date had a spouse to The start date of when the individual taxpayer had a spouse in DDMMYYYY format Spouse details - Date had a spouse from Australian resident for tax purposes is an individual: - who has always lived in Australia or who has come to Australia and live here permanently - has been in Australia continuously for six months or more, and for most of that time the individual worked in the one job and lived at the same place - has been in Australia for more than six months during 2011–12, unless their usual home is overseas and they do not intend to live in Australia - goes overseas temporarily and do not set up a permanent home in another country, or - is an overseas student who has come to Australia to study and is enrolled in a course that is more than six months long. Part-year tax-free threshold date The Tax Office considers you to be an Australian resident for tax purposes if you: (1) have always lived in Australia or you have come to Australia and now live here permanently (2) are an overseas student doing a course that takes more than six months to complete (3) have been in Australia continuously for six months or more and for most of that time you worked in the one job and lived in the same place, or (4) have been in Australia for more than 183 days of the tax year (unless your usual home is overseas and you do not intend to live in Australia). If you go overseas temporarily and do not set up a permanent home in another country, you may continue to be treated as an Australian resident for tax purposes. Australian resident IITRLodgeRequest [Abstract] RP Primary Items [Abstract] RP POS Primary Items [Abstract] RP RES Primary Items [Abstract] RP BUS Primary Items [Abstract] RP Prim Primary Items [Abstract] RP TrueAndCorrect Primary Items [Abstract] INT TrueAndCorrect Primary Items [Abstract] The sum of all the amount of tax-free pensions or benefits received. Tax free government pensions can include: - Disability support pension paid by Centrelink - Wife pension - Carer payment - Pension for defence, peacekeeping or war-caused death or incapacity - Invalidity service pension - Partner service pension - Income support supplement - Defence Force income support allowance - A special rate disability pension - A payment of compensation under the Military Rehabilitation and Compensation Act 2004 Income tax is not paid on certain tax-free government pensions or benefits, however, those pensions or benefits are taken into account when working out individual taxpayer's adjusted taxable income. Individual taxpayer's adjusted taxable income is an income test ATO uses to work out eligibility for certain tax offsets and the amount of those offsets. Tax-free government pensions The sum of the following exempt payments received by your spouse can include: - A special rate disability pension under Part 6 of Chapter 4 of the Military Rehabilitation and Compensation Act 2004. - A payment of compensation under section 68, 71 or 75 of the Military Rehabilitation and Compensation Act 2004. - A payment of the weekly amount mentioned in paragraph 234(1)(b) of the Military Rehabilitation and Compensation Act 2004. - A pension for defence, peacekeeping or war-caused death or incapacity or any other pension granted under Part II or Part IV of the Veterans’ Entitlements Act 1986. - Income support supplement paid under Part IIIA of the Veterans’ Entitlements Act 1986. - Defence Force Income Support Allowance paid under Part VIIAB of the Veterans’ Entitlements Act 1986. Other specified exempt payments that your spouse received