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Notes Online Home 2014 Income Tax Basics Day 2 Financial information disclosure
Key financial information is required to be disclosed at the various labels at Item 8 – Financial and other information of the Business Return. Where possible, the information shown at Item 8 should be obtained from the company’s financial statements.
These notes briefly discuss the completion of certain labels at Item 8, along with the various schedules that may need to be completed and lodged along with the Business Return.