Step 1 of 2 50% Self EmploymentWhat was your business nameWhat did the business do?How have you recorded your business income and expenses? I use Xero I use MYOB I use Quickbooks I use Excel I'll enter my figures manually Were you registered for GST? Yes No Not sure If you are registered for GST, then all the amounts below should be entered EXCLUSIVE of GST. That means, you strip the GST off the figures before you enter them. Sole trader income detailsIncomeDescriptionAmount (excluding GST) Add RemoveExpensesDid you buy and sell goods? Yes No StockOpening Stock (at cost excluding GST)Closing stock (at cost excluding GST) Add RemovePurchases and other costsDescriptionAmount (excluding GST) Add RemoveContractorsDescriptionAmount (excluding GST) Add RemoveSuperannuation expensesDescriptionAmount (excluding GST) Add RemoveBad debtsDescriptionAmount (excluding GST) Add RemoveLease expensesDescriptionAmount (excluding GST) Add RemoveRent expensesDescriptionAmount (excluding GST) Add RemoveInterest within AustraliaDescriptionAmount (excluding GST) Add RemoveInterest overseasDescriptionAmount (excluding GST) Add RemoveDepreciationDescriptionAmount (excluding GST) Add RemoveMotor vehicle expensesDescriptionAmount (excluding GST) Add RemoveRepairs and maintenanceDescriptionAmount (excluding GST) Add RemoveAll other expensesDescriptionAmount (excluding GST) Add Remove
