Hello,
Just wondering if anybody uses a spreadsheet or a program that will calculate your tax return/tax owed if you enter/update your income, property, expenses, depreciation, interest etc for your PAYG and properties? I would like the program or spreadsheet to be flexible so that I can update details on an ongoing basis and calculate accordingly....e.g if I put in $500 of expenses for property 1, it will update my current tax return at the bottom for the financial year....
This is helpful to me as I would like to control maintenance work for my properties to be allocated to expensive licensed tradies or cheap cash in hand handymen based on the possibility of claiming expenses back....also helps me see if it will be financially viable to do some renos towards the end of financial year if I have a bit left to claim
Many Thanks
Simon
Just wondering if anybody uses a spreadsheet or a program that will calculate your tax return/tax owed if you enter/update your income, property, expenses, depreciation, interest etc for your PAYG and properties? I would like the program or spreadsheet to be flexible so that I can update details on an ongoing basis and calculate accordingly....e.g if I put in $500 of expenses for property 1, it will update my current tax return at the bottom for the financial year....
This is helpful to me as I would like to control maintenance work for my properties to be allocated to expensive licensed tradies or cheap cash in hand handymen based on the possibility of claiming expenses back....also helps me see if it will be financially viable to do some renos towards the end of financial year if I have a bit left to claim
Many Thanks
Simon