Publications referred to in this book include:
- Australian Taxation Office Application for a private ruling for individuals (NAT 4106 - 3.2001)
- Capital allowances schedule 2004 (NAT 3424 - 6.2004)
- Capital allowances schedule 2004 instructions (NAT 4089 - 6.2004)
- Guide to capital gains tax (NAT 4151 - 6.2004)
- Research and development tax concession schedule and instructions (NAT 6709 - 6.2004)
- Taxation Ruling TR 2000/18 - Income tax: effective life of depreciating assets (which has replaced Taxation Ruling IT 2685 - Income tax: depreciation)
- The Simplified Tax System-A guide for tax agents and small businesses (NAT 6459 - 5.2004)
- Practice Statement PS LA 2003/8 - Taxation treatment of expenditure on low cost items for taxpayers carrying on a business
- GST and the disposal of capital assets (NAT 7682 - 2.2003).
Lodge online with e-tax
Looking for an easy and convenient way to do your tax return? Try e-tax - available free from the Tax Office website at www.ato.gov.au.
You can use e-tax to:
- prepare your tax return electronically in a secure online environment
- estimate items such as capital gains
- work out your tax refund or tax debt.
e-tax is available from 1 July 2004.
Tax returns lodged using e-tax are usually processed in 14 days.
For more information, visit our website at www.ato.gov.au
If you use a capital asset, such as a car or machinery, in earning your income, you may be able to claim a deduction for the cost of that asset, spread over its effective life. NAT 1996-06.2004.