Any transactions categorised in the App as the following income categories will contribute towards your Income Tax Estimate:

  • Income - from selling goods or services

  • Asset sales - from the disposal of business assets

  • Foreign income - from selling goods or services overseas

  • Other income - outside of your normal work

The Tax Estimate should be used as an estimate only. For more information on income in relation to tax, please visit the ATO website.

Did this answer your question?