Reversionary income stream indicator has been added to the AASIS payment summary as part of the superannuation reform. Transfer balance cap AASIS data for Payees receiving a reversionary pension or aged – 60 years or older must have their data assessed for TBC implications. All AASIS payment summaries now provided to assist in the calculation of the transfer balance cap legislative changes. Australian annuities - Rule for calculating the Taxable Component Untaxed Element – has been corrected Low Rate Cap Threshold has been increased to $200,000.00 – Bank Interest Taxpayer proportion of Total TFN amounts withheld added an informational – – message Dividends Taxpayer proportion of listed investment company capital gain deduction added an – – informational message Appendix A Department of Veteran Affairs added government benefit code TVP - Taxable Veteran – Payment (to be mapped as per Appendix A) Department of Human Services added government benefit code PII PaTH Internship – – Incentive ((to be mapped as per Appendix A) ATO Interest split SBR IITR Labels:- – Other income type Category One Amount label changed to Other income type - – – Category 2 (ATO interest) - Amount Cost of managing tax affairs label changed to Cost of managing tax affairs - Interest charged by the ATO Taxable payment Annual Report data has now been expanded to include Government payments and grants stage innovation company data Early stage venture capital limited partnership (ESVCLP) - Tax offset carried forward from the previous year Early stage investor - Tax offset carried forward from the previous year year individual tax return data Number of dependant children – Prior year individual tax return data Work-related expenses informational message – – Prior year individual tax return data - Interest and/or Dividend Indicator informational message – Please refer to of this document for the full list of data fields being provided for pre-filling.
Reversionary income stream indicator has been added to the AASIS payment summary as part of the superannuation reform. Transfer balance cap – AASIS data for Payees receiving a reversionary pension or aged 60 years or older must have their data assessed for TBC implications. All AASIS payment summaries now provided to assist in the calculation of the transfer balance cap legislative changes. Australian annuities - Rule for calculating the Taxable Component – Untaxed Element has been corrected Low Rate Cap – Threshold has been increased to $200,000.00 Bank Interest – Taxpayer proportion of Total TFN amounts withheld – added an informational message Dividends – Taxpayer proportion of listed investment company capital gain deduction – added an informational message Appendix A Department of Veteran Affairs – added government benefit code TVP - Taxable Veteran Payment (to be mapped as per Appendix A) Department of Human Services – added government benefit code PII – PaTH Internship Incentive ((to be mapped as per Appendix A) ATO Interest – split SBR IITR Labels:- Other income type – Category One – Amount label changed to Other income type - Category 2 (ATO interest) - Amount Cost of managing tax affairs label changed to Cost of managing tax affairs - Interest charged by the ATO Taxable payment Annual Report data has now been expanded to include Government payments and grants stage innovation company data Early stage venture capital limited partnership (ESVCLP) - Tax offset carried forward from the previous year Early stage investor - Tax offset carried forward from the previous year year individual tax return data – Number of dependant children Prior year individual tax return data – Work-related expenses – informational message Prior year individual tax return data - Interest and/or Dividend Indicator – informational message Please refer to of this document for the full list of data fields being provided for pre-filling.
ATO-PIITR-0005.2018-Business-Implementation-Guide.docx-v1.3.docx