If you are looking for an easy and convenient way to do your tax return, look no further than e-tax 2003. It is available free from the ATO. e-tax can estimate items such as capital gains and your tax refund or tax debt. e-tax allows you to complete your tax return confidentially and at your leisure, seven days a week. Tax returns lodged using e-tax generally take only 14 days to process. e-tax is available for use from 1 July 2003. For more information on e-tax, visit the ATO website at 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. This guide explains whether you can claim a deduction and how to calculate it.ATO BetaWhile we work to improve our beta site experience, you can also use legacy.ato.gov.auOpens in a new window.