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Income Tax Estimate
What types of income contribute towards the Income Tax Estimate?
What types of income contribute towards the Income Tax Estimate?
Transaction you've categorised as Income, Asset sales, Foreign income or Other income
Cindy Cui avatar
Written by Cindy Cui
Updated over a week ago

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.

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