Business workpaper - Non Primary Production

You must use this workpaper to complete Business income and expenses – Non-primary production, including Trading account.

To add this workpaper:

From the Tax workpapers & schedules drop-down, select Business – Non Primary Production.

This workpaper has 3 sections

Trading income

Other income

Deductions

Complete the deductions related to the income above.

Integration

Individual

Workpaper label	Main return (Item)
NPP income
Gross receipts from business or professional activity	P8 - Label J
Other gross income from business sources	P8 - Label J
Assessable Government Industry payments	P8 - Label H
Trading Sales	P8 - Label J
Trading - Goods for own use	P8 - Label J
Trading - Opening Stock	P8 - Label K Non primary production (See Expenses)
Trading - Purchases	P8 - Label L Non primary production (See Expenses)
Trading - Closing Stock	P8 - Label M - Non primary production (See Expenses)
Deductions
Foreign resident withholding expenses (excluding capital gains)	P8 - Label U
Contractor, sub-contractor & commission expenses	P8 - Label F
Superannuation expenses	P8 - Label G
Bad debts	P8 - Label I
Lease expenses	P8 - Label J
Rent expenses	P8 - Label K
Interest expenses within Australia	P8 - Label Q
Interest expenses overseas	P8 - Label R
Depreciation expenses	P8 - Label M
Motor vehicle expenses	P8 - Label N
Repairs and maintenance	P8 - Label O
All other expenses (Not listed above)	P8 - Label P

Partnership

Workpaper label	Main return (Item)
NPP income
Trading Sales	5H - Other business income
Trading - Goods for own use	5H - Other business income
Trading - Opening Stock (Cost of sales)	5E Expenses Cost of sales, 39C Opening stock
Trading - Purchases (Cost of sales)	5E Expenses Cost of sales
Trading - Closing Stock (Cost of sales)	5E Expenses Cost of sales, 41D Closing stock
Gross receipts from business or professional activity	5H - Other business income
Other gross income from business sources	5H - Other business income
Assessable Government Industry payments	5F - Assessable government industry payments
Deductions
Foreign resident withholding expenses	5P Foreign resident withholding expenses (excluding capital gains)
Commission paid, Sub-contract, contract labour	5C Contractor, sub-contractor & commission expenses
Superannuation expenses	5D Superannuation expenses
Bad debts	5F Bad debts
Lease expenses	5G Lease expenses
Rent expenses	5H Rent expenses
Interest - domestic, Interest - overseas	5I Total interest expenses
Royalties	5J Total royalty expenses
Depreciation expenses	5K Depreciation expenses
Motor vehicle expenses	5L Motor vehicle expenses
Repairs and maintenance	5M Repairs and maintenance
Accounting, Advertising and marketing, Bank fees, Borrowing expenses, Capital works, Cleaning and rubbish removal, Donations, Electricity and gas, Freight and courier, Fuel and oil, Government charges/fees/levies/licences etc, Hire and rent of plant and equipment, Hire purchase charges, Home office expenses, Insurance expenses, Legal fees, Materials and supplies, Postage, Printing and stationery, Protective clothing, Rates and land taxes, Replacements - tools etc, Salaries - associated persons, Salaries - other persons, Subscriptions, Sundry expenses, Telephone, Travel, accommodation and conference expenses, Other expenses	5N All other expenses (Not listed above)
Salaries - associated persons, Salaries - other persons	44L Total salary and wage expenses 45M Payments to associated persons

Trust

Workpaper label	Main return (Item)
NPP income
Trading Sales	5H - Other business income
Trading - Goods for own use	5H - Other business income
Trading - Opening Stock (Cost of sales)	5E Expenses Cost of sales, 39C Opening stock
Trading - Purchases (Cost of sales)	5E Expenses Cost of sales
Trading - Closing Stock (Cost of sales)	5E Expenses Cost of sales, 41D Closing stock
Gross receipts from business or professional activity	5H - Other business income
Other gross income from business sources	5H - Other business income
Assessable Government Industry payments	5F - Assessable government industry payments
Deductions
Foreign resident withholding expenses	5P Foreign resident withholding expenses (excluding capital gains)
Commission paid, Sub-contract, contract labour	5C Contractor, sub-contractor & commission expenses
Superannuation expenses	5D Superannuation expenses
Bad debts	5F Bad debts
Lease expenses	5G Lease expenses
Rent expenses	5H Rent expenses
Interest - domestic, Interest - overseas	5I Total interest expenses
Royalties	5J Total royalty expenses
Depreciation expenses	5K Depreciation expenses
Motor vehicle expenses	5L Motor vehicle expenses
Repairs and maintenance	5M Repairs and maintenance
Accounting, Advertising and marketing, Bank fees, Borrowing expenses, Capital works, Cleaning and rubbish removal, Donations, Electricity and gas, Freight and courier, Fuel and oil, Government charges/fees/levies/licences etc, Hire and rent of plant and equipment, Hire purchase charges, Home office expenses, Insurance expenses, Legal fees, Materials and supplies, Postage, Printing and stationery, Protective clothing, Rates and land taxes, Replacements - tools etc, Salaries - associated persons, Salaries - other persons, Subscriptions, Sundry expenses, Telephone, Travel, accommodation and conference expenses, Other expenses	5N All other expenses (Not listed above)
Salaries - associated persons, Salaries - other persons	44L Total salary and wage expenses 45M Payments to associated persons