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📊 ANNUAL TAX SUMMARY REPORT

Comprehensive Tax Preparation Document
Financial Year 2024-25 (1 Jul 2024 - 30 Jun 2025)
TAXPAYER
John Smith
ABN
51 824 753 556
Total Expenses
$124,580
Including all tax-deductible expenses
Total GST Claimed
$11,325
GST credits on business purchases
Vehicle Claims
$39,047
Cents-per-km method (44,372 km)

Quarterly Breakdown

Q1 (Jul-Sep)
$28,450
Q2 (Oct-Dec)
$32,890
Q3 (Jan-Mar)
$31,240
Q4 (Apr-Jun)
$32,000

Expense Categories Breakdown

Category Total Amount GST Amount % of Total Transactions
Travel - Airfare $28,450.00 $2,586.36 22.8% 24
Accommodation $18,900.00 $1,718.18 15.2% 32
Computer & IT $15,600.00 $1,418.18 12.5% 18
Meals & Entertainment $12,340.00 $1,121.82 9.9% 48
Professional Development $11,200.00 $1,018.18 9.0% 8
Marketing & Advertising $9,850.00 $895.45 7.9% 15
Office Supplies $6,780.00 $616.36 5.4% 52
Vehicle Expenses (Fuel) $8,450.00 $768.18 6.8% 68
Telecommunications $4,320.00 $392.73 3.5% 36
Insurance $3,890.00 $353.64 3.1% 12
Other Business Expenses $4,800.00 $436.36 3.9% 28
TOTAL $124,580.00 $11,325.44 100% 341

Vehicle Usage Summary

📍 Complete Vehicle Claims (FY2024-25)

44,372
Business KM
90%
Business Use
$0.88
Rate per KM
$39,047
Total Claim
Vehicle Total KM Business KM Business % Claim Amount
Toyota Camry (ABC-123) 23,200 km 20,880 km 90% $18,374.40
Ford Ranger (XYZ-789) 26,880 km 23,492 km 87% $20,672.96
TOTAL 50,080 km 44,372 km 89% $39,047.36

Work From Home Claims

Description Hours Rate Amount
Work From Home Expenses (ATO Method) 1,248 hours $0.67/hour $836.16

💼 For Your Accountant

This comprehensive annual summary contains:

Ready for tax return preparation. All calculations follow ATO guidelines and rounding rules.