All ideas

Support missing AMIT/AMMA tax labels including 13L

What would you like Navexa to do? Support valid ATO tax labels that can appear on AMIT/AMMA statements but currently have no corresponding field in Navexa, including: 13L 13X 13Y 13A 18X Why does this matter? These are distinct ATO tax components and shouldn't be omitted or entered into an unrelated field just to make an AMIT statement reconcile. This is particularly noticeable with 13L. We have seen CLW statements where a non-zero 13L amount has nowhere to be entered in Navexa. Leaving it out can cause the distribution totals in Navexa to no longer match the actual cash distributions shown on the provider's statement. What would the ideal outcome look like? Navexa should correctly support these components when entering or importing an AMIT/AMMA statement, with each amount given the correct tax treatment. The resulting Taxable Income / ATO myTax reporting should reconcile with the provider's annual tax statement without changing the actual cash distributions or requiring customers to misclassify an amount under a different tax label.