About these instructions

Warning:

This information may not apply to the current year. Check the content carefully to ensure it is applicable to your circumstances.

End of attention

Business and professional items 2005 will help you fill in the Business and professional items schedule 2004–05 (PDF 285KB)This link will download a file.

You must fill in the schedule, and lodge it with your tax return, if you completed items 13, 14 or 15 on your Tax return for individuals (supplementary section).

In these instructions, we provide information about:

• the simplified tax system (STS)
• personal services income (PSI)
• the types of business income you must show
• on the schedule, and
• the type of deductions you may be able to claim.

Who should use these instructions?

Use these instructions if you are an individual who completed items 13, 14 or 15 on your tax return (supplementary section).

Publications and services

To find out how to get a publication referred to in these instructions and for information about our other services, see More information.