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Article ID: 30185105

Accountants Office Suite
Accountants Enterprise Suite
Australia
AO Tax (AU)
AE Tax Series 6 & 8 (AU)
AE Tax (AU)

ARTICLE LAST UPDATED: Jul 24, 2018 09:30

In MYOB Tax version 2018.0 when calculating the tax-free element for Item 7 : Australian annuities and superannuation income streams, the system does not include the $100,000 benefit cap.

We're aware of this issue and working on a fix.

In the meantime, manually calculate the amount using the ATO calculator : Defined benefit income cap tool

If you are getting a PLS rejection: CMN.ATO.IITR.000666, check your amounts at Item 7 : Australian annuities and superannuation income streams.

MYOB INTERNAL STAFF ONLY

Insert PR# 159202379683

SR# 159192780547 

 
 
 
 

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