Lesson 9 - Income Tax Practical Examples Part 2

In this Lesson 9 Part 2 we are continuing to go through the income tax return for the below scenario:

• ?A single person income tax return, with one income from self employment / trade

We are covering the section of Personal Details and Self Employed Income, which is a very important section for sole traders. I am explaining how trading accounts figures fit into your income tax return.

So let’s move on to take a look at this practical example…..