This support note applies to:
AO Tax (AU)
AE Tax Series 6 & 8 (AU)
AE Tax (AU)
In MYOB Tax, you enter the averaging details in regards to sportspersons into the Return Properties. Click the Estimate tab and then click Div405 Averaging; then complete the averaging details.
In addition to sportspersons, you also enter averaging details for authors, artists etc.
Open the client's return, click the Properties icon on the toolbar. The Return Properties window appears.
Click the Estimate tab and then click the Div405 Averaging button. The Division 405 Averaging window appears.
Type the averaging details and then click OK. The Estimate tab appears.
Click OK. The division 405 averaging details for the client's return are entered and the return appears.