online tax

22 Topics

Private health insurance excess calculating in every ITR
Is anyone else have a problem with Private Health Cover Excess calculating in every ITR? The TP are all covered for the full year and under all thresholds yet there is an excess being calculated (generally for under $1) in every ITR. What is the cause of this? Can someone please comment. Thank you.
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ChelleO
6 hours ago Place Australian Tax
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Pre-filling of managed fund income
When managed fund income is being pre-filled to returns, currently if there is nil amount to prefill, Tax prefills a 0 figure into that label in the income schedule. Please revert back to the Desktop Tax logic where nil amounts prefill into the schedule as a BLANK. Pre-filling a 0 figure causes all sorts of annoying validation errors (e.g. issues with foreign income labels), and other issues as well (e.g. prefilling 0 figures into the primary production labels triggers the software to apply Primary Production averaging.) This is annoying and time consuming as the user then needs to identify what is causing the issue and manually delete the 0 figure somewhere in the return.
ch3
1 day ago Place Australian Tax
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AI BAS
Hi All, I am new to MYOB and wondering why the quarterly AI BAS report does not reconcile with the GST Report? Any insights would be greatly appreciated. Thanks
Ali26
3 days ago Place Australian Tax
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Online Return Estimate Sync back to AE
Our practice uses MYOB Practice online for preparing tax returns. Most things in MYOB Practice sync back to MYOB AE except the tax return estimate. Could you please have the return estimate synced back to MYOB AE.
Melissa_MVAS
29 days ago Place Australian Tax
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Numbering of assets migrated from AE Tax to online assets
When assets are imported from AE tax to the online Assets register they seem to come across with a random asset number. Is there any system to the order that assets are numbered? I doesn't seem to relate to the date purchased or be alphabetical. When a depreciation report is printed from the new ledger it always seems to print by asset number (I know you can sort differently on the screen). This means that on the report assets are all jumbled up with ones from 10 or 20 years ago printing in amongst more recent purchases. I know that you can go and edit the asset number, but with a large schedule this is a laborious process.
Solved
marks
1 month ago Place Australian Tax
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Foreign Pension UPPs
I have clients where one spouse has more than one UK pension. They are entitled to the 8% UPP on their state pensions. Each pension is entered separately. On the form itself I get the correct allocation between pensions with a UPP and those without but I keep getting an error that the UPP is incorrect. There is this note at the top of the foreign pension schedule but other than adding the pensions separately which I have done there is no "Add section". Don't include foreign pensions or annuities with or without Undeducted purchase price amounts in the same section. If you have more than one type of pensions or annuities, click Add section. I then get an error saying that the UPP amount is incorrect. On the spouse's return where there is only the one pension I do not get an error. Deductible amount of UPP of foreign pension or annuity is incorrect CMN.ATO.IITR.730356 When the sum of all foreign pension or annuity assessable amounts in the Income Details schedule (Foreign pension or annuity gross amount less Foreign pension or annuity deductible expenses) is positive, the Deductible amount of UPP of foreign pension or annuity must equal the lesser value of the sum of all adjusted Foreign pension or annuity undeducted purchase price amounts or sum of all foreign pension or annuity assessable amounts; Otherwise, the Deductible amount of UPP of foreign pension or annuity must be set to zero. Note: The adjusted Foreign pension or annuity undeducted purchase price for each pension (or annuity) is determined as either; the lesser value of the foreign pension or annuity assessable amount or Foreign pension or annuity undeducted purchase price, when the foreign pension or annuity assessable amount is positive; or zero when the foreign pension or annuity assessable amount is zero or negative. Net foreign pension or annuity income with an undeducted purchase price is incorrect CMN.ATO.IITR.730354 The Net foreign pension or annuity income with an undeducted purchase price must equal the sum of all Foreign pension or annuity gross amounts less Foreign pension or annuity deductible expenses provided in the attached Income Details schedule, where the Foreign pension or annuity undeducted purchase price is positive Any ideas? Thanks
Solved
MareePP
1 month ago Place Australian Tax
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Activity Statement creation issue
today we cannot create AS in MYOB Practice. It stops when system trying to get the period for the AS.
Solved
EGC
1 month ago Place Australian Tax
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Depreciation Schedule printing
How can I include a detailed depreciation schedule when I print an online tax return? It does not seem to be included in the tax return pdf. All it includes is the summary Tax depreciation worksheet. Could there be an option to include it when printing
Solved
marks
2 months ago Place Australian Tax
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Printing beneficiary distribution schedule
Is there a way in a trust tax return in compliance tax to just print a beneficiary distribution schedule for a single beneficiary? I can only see how to print all beneficiaries and that is as part of a full tax return printout. I could do a screen capture, but some beneficiaries span a page break.
Solved
marks
3 months ago Place Australian Tax
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Great News! Extended Hours for EOFY Support!
Hey everyone, We know the End of Financial Year (EOFY) can be a busy time, and we want to make sure you have all the support you need! For those who might not have heard, we've extended our opening hours to give you even more flexibility during this period. That's right, we're open longer to help you with any last-minute queries, support requests, or assistance with installation of the new 2025.0 update! From the 28th of June to the 20th of July we are open Mon-Sun. Please see below for our contact hours for phone and chat during these dates: Phone: Mon-Friday 9am-5pm Sat-Sun 9am-5pm Chat: Mon-Friday 9am-7pm Sat-Sun 9am-5pm You can find all our updated contact details and extended hours on our Contact Us page or you can access our new chat bot MOCA via MYOB Practice or now from within AE/AO with the new 2025.0 update! Please visit this page on how to chat with us via MYOB Practice. Wishing you a smooth and successful EOFY! Cheers, Aiden from MYOB
AidenC
3 months ago Place Australian Tax
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