Please enable JavaScript to view this site.

Mclowd User Guide for SMSF Trustees

 

When you move to the Deductions page, Mclowd™displays a worksheet listing tax deductible amounts.

 

Deductions

 

Review all the figures presented on the deductions page, comparing with your records to verify that figures match the expected values at all relevant labels.

NOTE_small

If any part of the populated value in L1: Other Amounts is a non-deductible expense, you may need to transfer that amount, or the non-deductible portion of that amount, to L2 (on the right).
 
The figure entered in L2 will be deducted from L1.  Refer to Other Amounts: Deductible and Non-deductible.

 

 

 

 

Copyright Mclowd Pty Ltd 2018