Some help with calculating 'Total Expenses' in Company Tax Return

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 · Accepted Answer

CaroATO · Answer

What you've described doesn't sound like cost of sales. The instructions for the tax return explain and describe what goes into that section as well as the other sections. Section 6C is where you'd include figures for contractors and consultants for example. Check out the tax return instructions (https://www.ato.gov.au/Forms/Company-tax-return-instructions-2021/?page=11#BK_6CalculationoftotalprofitorlossExpens) on our web site to help you work out where to put the other expenses you've mentioned. They're distributed over a number of items. We can do our best to help you but the company tax return can be complex and might be best to get professional help.

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