For a list of changes in Tax for the current release select the link Using MYOB AE/AO Tax .

Click this link for Individual tax return instructions 2017 on the ATO website.

Click this link ATO information on What’s new when completing the Individual tax return.

Data Entry

The return items are grouped by category in a series of Tab Cards:

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• Front Cover information.

• Income (including Supplementary Income items).

• Deductions (including Supplementary Deductions items) and Losses.

• Tax Offset items in Form EI (including Supplementary Tax offsets items).

• Medicare and Health insurance.

• Adjustments Credits, A1 Under 18, (including HECS/TSL/SSL & ABSTUDY SSL/SFSS repayment income) A2 Part year tax free threshold, A3 Government super contributions, A4 Working holiday maker net income, A5 Amount on which Family Distribution Tax has been paid and C1 Credit for interest on early payments.

• Income Tests.

• Spouse Details Item SD (Consent for spouse's FTB repayment).

• Business and Professional items.

To navigate to any item in the Individual return:

• To go forward through the tab cards, press [Ctrl+Tab].

• To go back through the tab cards, press [Ctrl+Shift+Tab].

• The navigation pane displays the items for the tab card that is open.

• Any item may be selected from the navigation pane.

• Pointing the mouse at a field and left clicking once will move focus to that field.

• The [Tab] key moves forward through the items on the open tab card.

• Pressing [F2] and keying a known item number move to the first data entry field at that item.

Lodgable schedules

Data entered in ‘lodgable’ schedules will generate an attachment to the Individual return for lodgment with the ATO. Lodgable schedules are:

• amd - Amendment schedule (amd)  

• att - Other attachments schedule (att)  (A)

• bj - Interest and Dividend Deductions (BJ)

• bk - Capital gains schedule (BW) (or select Populate BW in the Capital gains worksheet (g))

• fi - Non-resident foreign income schedule (FI)

• pl - Superannuation lump sum schedule (PL)

• ps - Payment summary schedule (PS) 

• py - Employment Termination Payments (PY)

• ren - Rental Schedules (B and BR) 

• w - Work related expenses - ATO Schedule (W)  

Worksheets

For dissection purposes a Generic Schedule or a data entry grid, is provided at all fields for which no specialised worksheet is provided.

The following list shows worksheets that support the return but do not generate lodgable attachments. These worksheets are opened for a Form EI by Preparation > Schedule:

• a - Schedule A Reconciliation

• aga - Australian Government allowances and payments worksheet (aga)

• agp - Australian Government Pensions and Allowances worksheet (agp)

• asi - Annuities and superannuation income streams worksheet (asi)

• sbt - Share of net small business income worksheet (sbt)

• sbc - Small business income worksheet (sbc)

• b - Schedule B (business income worksheet)

• bla - P9 Business Loss Activities Schedule (bla) (P9)

• bon - Life insurance comp and friendly societies bonuses, Bonus Offsets

• g - Capital gains worksheet (g) (select Populate BW to generate an attachment for lodgment)

• c - Schedule C (primary production worksheet)

• ddd - Dividend Deductions (ddd)

• dip - Distributions from Partnerships worksheet (dip)

• dit - Distributions received from Trusts worksheet (dit)

• div - Gross dividends worksheet (div) 

• egc - Additional PAYG Payment Summary (egc)

• emp - Employee Share Schemes worksheet (emp)

• epi - Interest on early payments worksheet (epi)  

• eps - Emergency Payment schedule (eps)

• esi - Early stage investor (ESIC)

• esv - Early stage venture capital limited partnership (ESVCLP)

• fil - IT5 Financial investment income and deductions (fil)

• fmd - Farm Management Deposits and Repayments 2017 (fmd)

• fms - Forestry managed investment scheme worksheet (fms) 

• for - Foreign income worksheet (for)

• idd - Interest Deductions worksheet (idd)

• int - Interest income worksheet (int) 

• it - Intangible/Tangible depreciating assets worksheet (it)

• lcr - Landcare and water facility tax offset (lcr)

• mls - Medicare Levy Surcharge (mls)

• mlv - Medicare Levy Worksheet and Part-Year Tax-Free Threshold

• mve - Motor vehicle worksheet (mve) 

• oiy - Other income - Category 1 worksheet

• oiv - Other income - Category 2 worksheet

• oos - Other refundable tax offset worksheets

• ove - Overseas Pensions/Annuities and Salary Income worksheet (ove)

• pen - Annuity and Super Income Stream Offset (pen)

• phi - Private health insurance policy details (phi)

• psc - Personal superannuation contributions (psc)

• pyl - Prior Year Losses Worksheet (pyl) - Individuals

• ref - Foreign Rental Property Worksheet (ref)

• rpl - IT6 Net Rental income and deductions (rpl)

• sbe - Small business entity eligibility tests worksheet (sbe)

• sbw - Capital works deductions worksheet (sbw)

• scc - Spouse Superannuation Contribution Offset Worksheet

• sco - Super Co-contributions What-if

• sdt - Special Disability Trusts Offsets worksheet

• sed - Work-related self-education Expenses worksheet (sed)

• shz - Invalid and invalid carer and Zone offset worksheet (shz)

• ssc - Superannuation super contribution worksheets (scc)

• tfi - IT4 Target Foreign Income worksheet (tfi)

• tgp - Tax-free Government pensions worksheet (IT3) (tgp)

• u - Minors worksheet (Schedule U)

• xPG - PAYG (GDP-Adjusted Instalment Estimate) Worksheet

• xPI - PAYG Instalment Income Estimate Worksheet (xPI)

Tax Offsets for the Individual return are:

• Tax Offsets Worksheets

Forms

Forms associated with Individual returns that are lodged separately are:

• cui - Client Update for Individuals (cui) 

• eft - Direct debit authorisation (Form EM) 

• ga - Business activity statement - BAS (GA) 

• gb - Instalment activity statement (GB) 

• gi - Annual instalment activity statement (GI) 

• gr - Annual GST return (GR) 

Processes for Individual returns include:

• Summary of Entered Items [Shift +F2]

• (Series 6 & 8) For calculations of offsets to be included in the Tax Estimate: Tax Offsets.

• Tax Estimate [F4]

• Interactive Validation Summary [F3]

• Printing Returns

• Lodging Returns using the Electronic Lodgment Service (ELS)

• Assessment Details

• Amending Lodged Returns

• Customising Return Properties

• Standalone Form for Refunds

• Family Assistance Consent

PAYG Instalment estimates

Where the Individual is liable to pay PAYG Instalments, a choice of 2 What-if PAYG Instalment estimates (Instalment Income by Base rate xPI or a GDP-Adjusted instalment estimate xPG) may be created by opening the relevant one from the Preparation > Schedule menu and electing to use values from one of the current year or the 2 immediate prior year returns.

Related topics

For a PDF version of the Individual tax return showing ELS tags and Tax codes click this link - Tag image PDF

Income Tests

Back to Income Tax Returns