Individual - Front Cover

The TFN must be entered in the Return Properties General Tab from where it will default to the front cover. This field is not open to edit in the main return. TFNs must pass against the ATO algorithm. If a TFN is invalid, a system message will be displayed.

If the taxpayer Commenced or ceased residency, you must complete item A2.

If you need help in deciding whether or not a person is an Australian resident for tax purposes, check Are you a resident? on the ATO website to use the determination of residency tool.

Has their residency status changed?

If the taxpayer's residency status for tax purposes changed during the current income year, that is, they were a resident for part of the year you will need to answer yes to this question and complete item A2 of the tax return.

As the tax-free threshold does not apply to non-residents, it is important that the Residency question be answered correctly. All new returns have Residency set to Y as a default.

Overseas students who come to Australia to study and are enrolled in a course that is more than six months long are generally treated as Australian residents for tax purposes. Do NOT select Non-resident simply because a taxpayer ceases residency.

This field is controlled by Tax. If any item you have completed requires further information to be lodged with the return, such as prior year information on averaging for primary producers or professional sportspersons, complete an Other attachments schedule (att). Tax will toggle the answer to Yes and lodge the Other attachments schedule with the return.

These details are derived from the client records. Refer to Names and Addresses in tax returns.

Has your name changed? Tick this checkbox and enter the client’s previous surname, if any part of the client’s name has changed since the last tax return was lodged.

Your postal address: These details are derived from the client records. For overseas address Overseas country names for individuals in Names and Addresses in tax returns 

Has this address changed since completing your last return? Tick this checkbox to indicate that the client’s postal address has changed since the last tax return was lodged.

The Home address must be a Street address and not a Post Office or Private Mail Bag address and it should be the current residential address of the taxpayer. This information will default from the address for the client as recorded on the Return Properties Mail Tab.

For overseas address refer to Overseas country names for individuals in Names and Addresses in tax returns

Your mobile phone: This is the taxpayer’s mobile phone number and not the Agent’s or the Agent’s contact.

Your daytime phone number:The daytime area code and phone number of the taxpayer are NOT mandatory. For overseas telephone numbers, enter country code + region code in the area code field. Do NOT enter the Practice's contact's number in this field.

Your email address: This is the taxpayer’s email address and not the Agent’s or the Agent’s contact.

As this field is mandatory and must be completed, it will default from the Return Properties Defaults Tab. Otherwise it can be keyed directly on the Front Cover. The date must be entered in the format dd/mm/ccyy. The century will default to 20, key a hyphen (-) to change it to 19. Refer to Item 4 - Employment termination payments (ETP).

When you answer Y at the Final Tax return field, the Date of Death field appears.

Individuals do not have substituted accounting periods. The return covers the income year 01/07 to 30/06 regardless of whether the taxpayer entered or left the country or stopped full-time education or became deceased during the year.

The only time it might be necessary to change the SAP would be where the taxpayer died during the year. If the taxpayer died during the financial year, then answer Y for yes at Final Return and a field will be provided to enter the date of death. This is a PLS field which is transmitted via PLS when the return is lodged.

If you want to lodge via PLS, then you must provide bank details if the taxpayer is expecting a refund.

The taxpayer's bank account details are contained in the Return Properties > Staff Tab for each return and completing the Bank a/cs tab. Fields are provided for two sets of bank account details.

The Practice bank account details are contained in the Utilities > Control record > Banking tab or the Maintenance > Agents > Properties > Banking tab.

On the front cover, EFT item, select the Bank account to which any refund should be paid.

Alternatively, you may enter the details directly into the open fields provided at this item:

• The bank state branch (BSB) number. This six-digit number identifies the financial institution. Do not include spaces, dashes or hyphens in the number.

• The Account number. You cannot use an account number with more than nine characters. Do not include spaces in the account number.

• The account name, as shown on the bank statement. Provide the first 32 characters only. Do not abbreviate the first 32 characters in any way as the Bank only reads the first 32 characters and they read those characters as a string.

If these details are incomplete or incorrect, no EFT will take place.

Note that these details are not rolled over from year-to-year and must be checked with the taxpayer and entered afresh each year a refund is requested.

If the return is being lodged electronically, Part B of the Electronic Lodgment Declaration form must be completed and signed.

The bank account details can be for a bank account other than the taxpayer's account. If this is the case, the taxpayer must sign the EFT section of the Electronic Declaration.

On the Return Properties > General Tab tick the checkbox to create a modified or abbreviated standalone Individual Return claim form.

Standalone Refunds

A Standalone refund is one that arises where the claimant does not have to lodge a tax return but has a claim for Refund of Franking Credits. The form provided is an Individual return with front cover information and access to Item 11, Dividends received worksheet (div).

There are separate and distinctly different Electronic Lodgment Declarations (ELDs) for these standalone refunds.

For information on data entry for an abbreviated individual return refer to Refund of franking credits standalone short form.

Front cover rollover

Once established, Front Cover information is stored and rolled over from year-to-year. If there are no changes to be made to the taxpayer’s personal information for the current income year, click the Income tab or [F2] and key 1 to move the cursor to Item 1 Salary and Wages.

Managing your client’s bank account details

When all income and deductions, offset claims and credits have been entered and prior to completing the return or sending it for review or signature, you must prepare the [F4] Estimate and agree it to the income tax return.

[F3] Validation on the completed return will generate the error warning M1042 where MYOB Tax detects that:

• The tax liability status of the return indicates a Refund, and

• The EFT details on the front cover are blank.

This error will not be cleared until Tax discerns that the [F4] Estimate has been prepared.

The Estimate must be prepared again if changes to the return alter your client’s tax position from refund to tax payable and vice versa.