Individual tax return instructions supplement 2012 - Australian ...

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14 Personal services income4Transferthe net personal services income or lossthat you show at A item P1 on your Business andprofessional items schedule for individuals 2012to A item 14 of your tax return.If you made a loss, print L in the LOSS box at A.5 Did you show an amount atM, N or O item P1 on yourBusiness and professionalitems schedule forindividuals 2012?9Addup all the amounts on your IndividualPAYG payment summary schedule 2012 at theTax withheld boxes with an N in the TYPE box.These amounts must relate to the paymentsyou show at N item P1 on your Business andprofessional items schedule for individuals 2012.No Go to question 15.Yes Read on.6 Did you have amounts of taxwithheld under a pay as you go(PAYG) voluntary agreement?7AddNo Go to step 8.Yes Read on.up all the amounts on your IndividualPAYG payment summary schedule 2012 at theTax withheld boxes with a V in the TYPE box.These amounts must relate to the paymentsyou show at M item P1 on your Business andprofessional items schedule for individuals 2012.Write the total at H item 14.10 Did you have amounts of taxwithheld because you receivedpersonal services income from:n working under a labour hire arrangement,orn a specified payment?11No Go to question 15.Yes Read on.Add up all the amounts on your IndividualPAYG payment summary schedule 2012 at theTax withheld boxes with an S in the TYPE box.These amounts must relate to the paymentsyou show at O item P1 on your Business andprofessional items schedule for individuals 2012.Write the total at J item 14.Write the total at G item 14.8 Did you have amounts of taxwithheld because you did notquote your ABN?No Go to step 10.Yes Read on.s6 INDIVIDUAL TAX RETURN INSTRUCTIONS SUPPLEMENT 2012
15AnsweringNet income or lossfrom businessDid you derive income or incura loss from any business?This question covers:n income from being a sole tradern income or a loss from a primary productionbusiness (For information about whatis a primary production business, go toato.gov.au/instructions2012 and readquestion 15.)n income under a pay as you go (PAYG) voluntaryagreementn income from which an amount was withheldbecause you did not quote your Australianbusiness number (ABN)n income you derived as a foreign resident fromwhich an amount was withheld because it wassubject to foreign resident withholdingn income of an independent contractor workingunder a labour hire arrangementn income from the following specified payments– payment for tutorial services provided for theIndigenous Tutorial Assistance Scheme of theDepartment of Education, Employment andWorkplace Relations– payment for translation and interpretationservices provided for the Translating andInterpreting Service National of the Departmentof Immigration and Citizenship– income as a performing artist in a promotionalactivityn any other business income.Do not show at this item personal services incomeincluded at item 14.No Go to question 16.Yes Read on.this questionYou must read the Business and professional items 2012instructions and complete the Business and professionalitems schedule for individuals 2012 (NAT 2816).n You may also need:– Information for primary producers 2012 (NAT 1712)– Individual PAYG payment summary schedule 2012(NAT 3647).To get a copy of these publications and for details ofother publications which may help you to complete thisitem, go to ato.gov.au/instructions2012Completing your tax return1Completethe Business and professional itemsschedule for individuals 2012 and attach it topage 3 of your tax return.2 Did you receive business incomefrom which tax was withheld?No Go to step 3.Yes Complete the Individual PAYG paymentsummary schedule 2012 and attach it topage 3 of your tax return. Go to step 3.3 Did you derive income orincur a loss from a primaryproduction business?No Go to step 4.Yes Read on.Transfer your net income or loss from a primaryproduction business shown at Y item P8 on yourBusiness and professional items schedule forindividuals 2012 to B item 15 on your tax return.If you made a loss, print L in the LOSS box at theright of B item 15.INDIVIDUAL TAX RETURN INSTRUCTIONS SUPPLEMENT 2012 s7
Page 1 and 2: Instructions for taxpayersIndividua
Page 5: 13 Partnerships and trusts4Write5Wr
Page 10 and 11: 15 Net income or loss from business
Page 12: 16 Deferred ‘non‐commercial’
Page 15 and 16: 19Foreign entitiesAre you an Austra
Page 17 and 18: 20 Foreign source income and foreig
Page 19 and 20: 20 Foreign source income and foreig
Page 21 and 22: 21 RentCompleting your tax return1Y
Page 23 and 24: 24Other incomeDid you receive any o
Page 25 and 26: 24 Other income4Add5Addup your cate
Page 27 and 28: D13Deduction forproject poolDid you
Page 29 and 30: D15 Other deductionsDebt deductions
Page 31 and 32: T7 Superannuation contribution on b
Page 33 and 34: T8 Zone or overseas forcesTable 1:
Page 35 and 36: T8 Zone or overseas forcesT9Tasmani
Page 37: T10Dependent relativeDid you mainta
Page 40: T11Landcare and waterfacilityDo you
Page 43 and 44: T13 Entrepreneurs tax offset2 Did y
Page 45 and 46: T14 Other tax offsetsA4Completing y
Page 47 and 48: More informationWEBSITEGo to ato.go

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