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Sole trader and business income or losses and partnership distributions

How to complete myTax if you have business/sole trader, partnership or personal services income.

Previous period

Applies to 1 July 2023 – 30 June 2024

Business and professional items

How to complete the business and professional items section of your return using myTax.

Business payment summaries

How to report business income statement and payment summary information when you lodge your return using myTax.

Personal services income

How to report personal services income in your return using myTax.

Net income or loss from business

How to complete the business section of your tax return using myTax.

Partnerships

How to complete the partnerships section of your return using myTax.

Deferred non-commercial business losses

How to report loss details when you lodge your return using myTax.

Farm management deposits or repayments

How to report your net farm management deposits and repayments when you lodge your return using myTax.

QC101593