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I signed up for an ABN earlier this year as a Sole Trader to setup a martial arts hall. Due to multiple factors such as COVID restrictions I have not made any revenue, only losses from setting up the business such as public liability insurance and some equipment. I can see based off previous questions that I still need to lodge a Tax Return since I had an ABN. However, I'm unsure how to answer the questions; is there a clear guide on how to answer questions as a Sole Trader if you made no revenue?
For example the very first question "Did you receive any personal services income?" Technically the answer is no however that takes away my option to then fillout any other details regarding my business.
Another question is "Did you receive 80% or more of your PSI from one source?", again technically no because I made no PSI.