CXO 9.09% 12.0¢ core lithium ltd

Ann: Exploration Development Incentive, page-33

  1. 2,979 Posts.
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    Question. Do you have an accountant?

    If, YES, give the statement to them to do and go to the pub. Finished.

    If NO, you need to click on the link R-7 has given. Choose the ownership structure your shares are held in and put the figure into the correct item number (in bold - T11, E etc) when you do your return. A little more complicated. If you have a trust you need to split it according to beneficiaries share as trusts cannot claim directly (flow through). If you are a company even more complicated... issue franking credits to shareholders.
    Then you can go to the pub. By which time all your mates have gone home.
    So advice is if you earning money other than basic PAYG get an accountant. I am one through study (not practicing) and do all my business accounts but I still have an accountant (especially for depreciation -yuck).

    Good luck mate!
    Last edited by Brumbie: 26/06/18
 
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