This assignment requires handy tax software.The first excel part has to be done in which all the calculations, a letter, and references are going to be. the second part is putting all the calculations...

KAUR0001
MS GURPREET KAUR TFN: 999 399 391
Important: The tax law imposes heavy penalties for giving false or misleading information.
· the agent is authorised to lodge this tax return.
· the information provided to my registered tax agent for the preparation of this tax return, including any applicable schedules is true and co
ect, and
Declaration
the payment of your taxation liability from your nominated account.
Where you have requested an EFT direct debit some of your details will be provided to your financial institution and the Tax Office's sponsor bank to facilitate
Electronic funds transfer - direct debit
Taxation law authorises the ATO to collect information and to disclose it to other government agencies. For information about your privacy go to ato.gov.au/privacy
not an offence not to provide your TFN. However, you cannot lodge your income tax form electronically if you do not quote your TFN.
The ATO is authorised by the Taxation Administration Act 1953 to request your tax file number (TFN). We will use your TFN to identify you in our records. It is
Privacy
This declaration is to be completed where a taxpayer elects to use an approved ATO electronic channel. It is the responsibility of the
taxpayer to retain this declaration for a period of five years after the declaration is made, penalties may apply for failure to do so.
PART A
Date
I declare that:
YearTax file numbe
Name
Signature
Electronic Lodgment Declaration (Form I)
999 399 391 2019
MS GURPREET KAUR
Sensitive (when completed) Client Ref: KAUR0001
Agent : 00013-000
Page 1 of 9
Return yea
2019
declaration on page 15 of this return.
See the Privacy note in the Taxpayer's
Given names
Surname or family name
Mr, Mrs, Ms, Miss
Title - for example,Your name
Y for yesPrint Your tax file number (TFN)
for no.Nor
for yesYPrint Have you included any attachments?
for no.Nor
Are you an Australian resident?
1 July 2018 to 30 June 2019
Individual tax return
2019
GURPREET
KAUR
MS
999 399 391
N
Y
or phone 13 28 61
To find out how to update your name on our records, go to ato.gov.au/updatedetails
for no.Nor
for yesYPrint
your last tax return?
changed since completing
Has any part of your name
N
Print
for no.Nor
for yesY
your last tax return?
changed since completing
Has your postal address
Your postal address
4625QLDBURKE STREET
77
ABOVE.
postal address, print AS
If the same as your cu
ent
Your home address
4625QLDBURKE STREET
77
- to conduct research and marketing.
- to issue notices to you, o
- to co
espond with you with regards to your taxation and superannuation affairs
- to advise you of tax return lodgment options
Your contact details may be used by the ATO:
Your email address
Your mobile phone numbe
number above )
(if different from your mobile phone numbercode
Your daytime phone number PhoneArea 1234560401
tax return, print FINAL.
item A1 on page 5 of this tax return.
If you know this is your finalIf you were under 18 years of age on
Final tax returnYour date of birth
30 June 2019 you must complete
N
05/08/1979
and account name below.
Write the BSB number, account numbe
numbe
such as cheque, savings, mortgage offset)
you have provided them to us before.
(must be six digits)
Use Agent Trust Account?
Account name (for example, JQ Citizen. Do not show the account type,
AccountBSB numbe
to pay any refund owing to you, even if
Electronic funds transfer (EFT)
We need your financial institution details
Sensitive (when completed)
Page 2 of 9Individual Tax Return 2019 MS GURPREET KAUR TFN: 999 399 391
Income
Occupation code X
Your main salary and wage occupation
Salary or wages1
MANAGING DIRECTOR
Payer Allowances Lump A Lump B Tax Withheld Gross
PURPLE RAIN PTY LTD ABN: 84 111 122 223 RESC:5200
48,337.00 156,000
$boxes.Add up theTotal tax withheld 48,337.00
Dividends11
withheld from dividends V UFranking credit
Franked amount
Unfranked amount S
T
Tax file number amounts
Unfranked Franked Franking credit TFN amount Business?27.5%
0.00 24,960
0
83,200
N N971.00 291.00CBA
N N1,286.00 386.00COH
N N643.00 193.00FLT
N N300.00 90.00TLS
N N80,000.00 24,000.00PURPLE RAIN PTY LTD
LOSS
Only used by taxpayers completing the supplementary sectionI
Transfer the amount from TOTAL SUPPLEMENT INCOME OR LOSS L4,880
LOSS
Add up the income amounts and deduct any loss amount in the boxes.TOTAL INCOME OR LOSS 259,280
Deductions
D1 A
CLAIM
Work-related car expenses
Km
S3,400
3400.003,400.00
SBMWX 5,000
Business % Decline in Value Amount
D4 D
CLAIM
TYPE
Work-related self-education expenses 1,320 K
OK1,200ASSOCIATION OF FINANCIAL ADVIS
OK120SUBSCRIP TO THE ECONOMIST
JD9 Gifts or donations 1,200
DONATION TO RSPCA 1,200
D
Transfer the amount from TOTAL SUPPLEMENT DEDUCTIONS
Only used by taxpayers completing the supplementary section
4,000
oxes add up the toD1Items TOTAL DEDUCTIONS D 9,920
LOSS
TOTAL DEDUCTIONS less TOTAL INCOME OR LOSSSUBTOTAL 249,360
from amount at SUBTOTAL
item L1and ZF
LOSS
$
Subtract amounts at
TAXABLE INCOME OR LOSS 249,360
U—add up the boxes Items T2 andTOTAL TAX OFFSETS T 0
Medicare levy surcharge (MLS)
(including your spouse) - if you had any - covered by private patient HOSPITAL cover?
liable for surcharge
Number of days NOT A
for no.Nor
for yesYPrint E
If you do not complete this item you may be charged the full Medicare levy surcharge.
THIS ITEM IS COMPULSORY
M2
For the whole period 1 July 2018 to 30 June 2019, were you and all your dependants
61
N
Sensitive (when completed)
Page 3 of 9Individual Tax Return 2019 MS GURPREET KAUR TFN: 999 399 391
Private health insurance policy...