Get Au Su580 2012

The AU SU580 form is essential for sole traders and partners in partnerships who need to report their business income and expenses. This guide will provide you with a clear, step-by-step approach to successfully complete the form online.

Follow the steps to accurately fill out the AU SU580 online.

1. Click ‘Get Form’ button to obtain the form and open it in the editor.
2. Begin by entering your name at the top of the form. Include your title, family name, first given name, and, if applicable, your second given name.
3. Provide your date of birth in the designated field.
4. Enter your Centrelink Reference Number, ensuring it is accurate.
5. Specify the name of your business in the corresponding section.
6. Indicate the type of business you operate.
7. Include your phone number in the appropriate format.
8. Answer the questions regarding your self-employment status and partnership involvement. If you are self-employed as a sole trader, answer 'Yes' and continue; otherwise, skip to the next question.
9. If you operate with partners, indicate the number of business partners and provide details concerning the share of income.
10. Enter the period of the statement, specifying the start and end dates.
11. Report your gross business income for the specified period.
12. List non-variable expenses such as accountancy costs, insurance premiums, and others, and calculate the subtotal.
13. Detail variable expenses that reflect the period of the statement, ensuring to include all relevant costs and calculate the subtotal.
14. Add all expenses together to achieve a total.
15. Deduct the total expenses from the gross business income to find your net profit or loss.
16. Read the important information regarding privacy and your personal information.
17. Make your declaration by signing and dating the form to confirm the accuracy of the information provided.
18. Save your changes, and download or print the completed form for submission.
19. Once reviewed, return the form and any additional documents to a Service Centre within the required time frame.

Complete your AU SU580 form online today to ensure accurate reporting and prompt processing.