1 |
Do you use computer software for your record keeping? |
Yes |
Send us a copy of the data on diskette, copy of bank statement showing the balance as at 30 April and go to 15 |
|
|
No |
Go to 2 |
2 |
Do you reconcile your cashbook with the bank statements periodically? |
Yes |
Send us the bank reconciliation statements and a copy of the bank statement showing the balance as at 30 April and go to 3 |
|
|
No |
Send us copies of the bank statements and summary of the deposits and payments for the year ended 30 April and go to 3 |
3 |
Do you use a motor vehicle (MV) for income producing activities? |
Yes |
Please provide the type of MV and provide summary of MV expenses and dockets; go to 4 |
|
|
No |
Go to 4 |
4 |
Do you buy equipment costing more than $300 for each item? |
Yes |
Provide a list of the cost of equipment bought and the dates of purchases |
|
|
No |
Go to 5 |
5 |
Do you sell/dispose off any equipment? |
Yes |
Please provide details of the sale or disposal |
|
|
No |
Go to 6 |
6 |
Do you have any employee? |
Yes |
Please go to 6a |
|
|
No |
Please go to 8 |
6a |
Have you prepared the PAYG-W summary for your employees? |
Yes |
Please provide a copy of the reconciliation statement and go to 7 |
|
|
No |
Please send us the forms you receive from ATO and go to 7 |
7 |
Do you contribute any Superannuation contributions for your employees? |
Yes |
Go to 7a |
|
|
No |
You need to talk to your Client Manager and go to 8
|
7a |
Is the amount paid equal or more than 9% of the gross salary of the employee? |
Yes |
Go to 8 |
|
|
No |
You need to talk to your Client Manager and go to 8 |
8 |
Do you buy or sell any shares or investments? |
Yes |
Please provide the buy and sell contracts and go to 9 |
|
|
No |
Go to 9 |
9 |
Do you receive any dividend? |
Yes |
Please provide the dividend notices and go to 10 |
|
|
No |
Go to 10 |
10 |
Do you have any debtors or creditors as at 30 April ? |
Yes |
Please provide a list of debtors and creditors and go to 11 |
|
|
No |
Go to 11 |
11 |
Do you have an outstanding loan to finance the running of the business? |
Yes |
Please provide copies of the loan statement for the year and go to 12 |
|
|
No |
Go to 12 |
12 |
Do you provide any fringe benefit to your employees? |
Yes |
Please provide details of fringe benefits for your employees and go to 13 |
|
|
No |
Go to 13 |
13 |
Do you keep stock for resale? |
Yes |
Please provide the opening and closing stock in hand and go to 14 |
|
|
No |
Go to 14 |
14 |
Do you have a summary of the purchases and expenses made for the year? |
Yes |
Please provide the details of the expenses and go to 15 |
|
|
No |
Please provide what you have and go to 15 |
15 |
Is 80% of income from one source? |
Yes |
Please talk to your Client Manager |
|
|
No |
End of checklist |
