Warning: This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.
TaxPack is a print publication designed to help you to complete your individual income tax return. TaxPack is divided into two parts:
- TaxPack 2005 with the 2005 tax return for individuals
- TaxPack 2005 supplement with the 2005 tax return for individuals (supplementary section).
If you are an Australian resident and a retiree, you may be eligible to use Retirees TaxPack 2005.
Your options for completing and lodging your tax return include:
Do I need the TaxPack 2005 supplement?
Can I use the Retirees TaxPack 2005?
TaxPack 2005 information
While TaxPack is designed to help individuals complete their income tax returns, many people also use it as a basic reference to the Australian tax system. The information in TaxPack has been rewritten into a series of web pages and published across this site.
You can search or browse the site to find general information about:
- income you must declare
- deductions and tax offsets you are entitled to claim, and
- tax rates and calculations.
If you would prefer to download TaxPack 2005 in Portable Document Format (PDF), refer to the list of download files.
Do I need the TaxPack 2005 supplement?
The majority of taxpayers can lodge their returns using TaxPack 2005 alone. You will also require the TaxPack 2005 supplement if you have:
- income or a loss from
- a partnership or trust
- personal services income
- a business
- a deferred non-commercial business loss
- a net farm management deposit or withdrawal
- a capital gain
- a foreign entity
- rent
- a bonus from a life insurance company or friendly society
- foreign sources, or foreign assets or property
- certain other income, such as scholarships, royalties and benefits from an employee share scheme
- deductions for
- project pool
- investment in the Australian film industry
- undeducted purchase price of a foreign pension or annuity
- non-employer sponsored superannuation contributions
- certain other deductions, such as election expenses, sickness and accident insurance premiums, and foreign exchange losses
- tax offsets for
- superannuation contributions on behalf of your spouse
- zone or overseas forces
- net medical expenses over a specified limit
- parent, spouse's parent or invalid relative
- landcare and water facility
- heritage conservation work
- interest from government securities issued before 1 November 1968
- interest from the land transport facilities tax offset scheme or infrastructure borrowings scheme
- credit for early payments or overpayments of tax
- adjustments for amounts on which
- family trust distribution tax has been paid
- ultimate beneficiary non-disclosure tax was payable.
Note: If you are using TaxPack 2005 supplement, you must also use TaxPack 2005 to complete all of your tax return.
Can I use Retirees TaxPack 2005?
You are eligible to use Retirees TaxPack 2005 to fill in your tax return if:
- you were an Australian resident for tax purposes from 1 July 2004 to 30 June 2005, and
- you had no dependants other than a spouse during the period 1 July 2004 to 30 June 2005, and
- all of your tax affairs are covered by the questions in Retirees TaxPack 2005 as listed below
- income
- Commonwealth of Australia government pensions and allowances
- dividends - not including distributions made by a corporate limited partnership and deemed dividends from a private company
- foreign source pension or annuity income
- gross interest
- other Australian pensions or annuities - including superannuation pensions
- salary, wages, allowances, earnings etc
- total reportable fringe benefits amounts
- capital gains - not including distributions of capital gains by a trust or managed investment fund
- deductions
- cost of managing tax affairs
- deductible amount of undeducted purchase price of an Australian pension or annuity
- deductible amount of undeducted purchase price of a foreign pension or annuity
- subscriptions
- gifts or donations
- interest and dividend deductions
- tax offsets
- senior Australians
- spouse - married or de facto
- superannuation annuity and pension
- private health insurance
- net medical expenses over a specified limit
- private health insurance policy details
- Medicare levy related items
If you plan to claim the family tax benefit (FTB) through the tax system, you will require TaxPack 2005.
Last Modified: Tuesday, 30 June 2009