MYOB AE/AO release notes—2019.0b (Australia)

• We've reworded a question in the Work-related expenses schedule (W) to make it clear that you only need to lodge the schedule if the ATO requests it.
  • Before: Are you required to, or do you wish to transmit this schedule when applicable?
  • After: Do the ATO require you to lodge a work-related expenses schedule?
  ATB-1864

• The ATO have removed cross-form validation tests between the Work-related expenses schedule (W) and the individual income tax return. This avoids an issue that rounded down values to those in the individual return. The issue occurred because schedule W uses a dollar value, but the Deductions schedule requires a dollar and cent value.

  The ATO have removed the following validation tests:

  Code	Message	ELS equivalent
  CMN.ATO.IITR.310132	Work related car expenses amount is incorrect	V172A: Work related car expenses and amount claimed on WRE schedule are different
  CMN.ATO.IITR.310133	Work related travel expenses amount is incorrect	V172B: Other work related travel expenses and amount claimed on WRE schedule are different
  CMN.ATO.IITR.310134	Work related uniform, occupation specific or protective clothing,... expenses' amount is incorrect	V172C: Work related uniforms, protective clothing, etc expenses and amount claimed on WRE schedule are different
  CMN.ATO.IITR.310135	Other work related expenses amount is incorrect	V172E: Other work related expenses and amount claimed on WRE schedule are different

  ATB-1802

• The AusIndustry Innovation Australia number in the Research and development tax incentive schedule (BY) is now a mandatory field.

  ATB-1888

• The CPI indexation factor for the June 2019 quarter is 114.8. This is an increase of 0.7 from the March 2019 quarter rate of 114.1. The indexation factor is used only for FBT remote area benefits (under ss 60 and 60AA of the FBTAA).

  ATB-1831

• Fuel tax credit rates have been updated to reflect changes as at 5 August 2019.

  ATB-1858

• Interest on overpayments and interest on early payments is 1.54% for the first quarter of the financial year, 1 July to 30 September 2019.

  The interest on overpayment rate is used for the calculation of the Credit for interest on No-TFN tax offset in the worksheet provided at:

  • H5 in the company return, and

  • H5 and H6 in the two fund returns (EF and MS).

    ATB-1879

• The Activity Statement Obligation homepage now displays partner, manager and employee details that have been entered for a client, without you having to open the activity statement. We'll also display the ABN from the client tab, and branch code from the ATO's Activity Statement Obligation report.

  TAT-6451

• If your practice hasn't received the EFT report for over two days, you'll see a red indicator in the Tax - Client Search homepage.
  

  

  
  If you see the red indicator, go to the Agent Reports homepage to check your last received date and Rescheduling the ASLR and EFTRS reports.
  TAT-6626

• ATO prefill amounts for an individual return didn't display apportioned amounts correctly in the dividends (div) schedule (item 11).

  TAT-6629

• We've made some performance improvements to:

  • the SBR Sender service

  • the Activity Statement Obligation homepage.
  TAT-6554 and TAT-651

• You no longer need a low value pool to integrate with D6. You can now enter values directly into D6.

  ATB-1842

• The Tax Office copy PDF for the International dealings schedule (IDS) didn't display the number of CFCs and CFTs at items 21b, 12c and 12d.

  ATB-1883

• We've fixed a business km rounding issue that occurred when integrating amounts from the Motor vehicle worksheet (mve) to the Deduction schedule (DDCTNS). This affected D1 Work-related car expenses and D4 Work-related self education expenses.

  ATB-1881

• When you do a batch update in the Depreciation worksheet (d), the batch update options for integration with a form are now the same as the options in individual assets.

  ATB-1841

• We've changed the First home super saver scheme (FHSS) calculation. It now includes the 30% offset that the taxpayer receives on the FHSS amount.

  ATB-1817

• Tax that the ATO withholds on FHSS payments to the taxpayer is now added to the total tax paid amounts in the tax return.

  ATB-1850

Resolved errors

Validation errors
V2726A	Check Net Financial Investment Loss If you completed D15 Other deductions label J, with D in Claim Type, this message was incorrectly generated when you validated your returns. ATB-1873
V2592B	If entity is a non-authorised deposit taking institution (non-ADI) and 'What was your entity type at the end of the year?' is either 9 or 10 then 'Statement worldwide assets' and 'Average Australian assets' must be completed This error was incorrectly generated in 2019 company returns with an International dealings schedule (IDS). ATB-1885
V2522B (IDS.440002)	International related party dealing information in Section A required Question 13f is now available regardless of your answer in question 13 ATB-1836