Trust Returns - Business and Professional Items

Click this link for information on Business and Professional items on the ATO website.

The items on the Business & Professional tab are:

• Item 36 - Business name of main business
• Item 37 - Business address of main business
• Item 38 - Opening stock
• Item 39 - Purchases and other costs
• Item 40 - Closing stock
• Item 41 - Trade debtors
• Item 42 - Trade creditors
• Item 43 - Total salary and wage expenses
• Item 44 - Payments to associated persons
• Item 45 - Fringe benefit employee contributions
• Item 46 - Unpaid present entitlement to a private company
• Item 47 - Trading stock election
• Item 48 - Capital allowances
• Item 49 - Small business entity simplified depreciation
• Item 50 - National rental affordability scheme
• Item 51 - Other refundable tax offsets
• Item 52 - Non-refundable carry forward tax offsets