AE/AO Tax 2020.0c 56036984 hotfix (Australia)

Release date—22 October 2020

This hotfix includes the resolved issues in the previous 3 hotfixes (hotfix 52700068 and hotfix 52701915, hotfix 55312424). You don't need to install the previous hotfixes before installing this hotfix.

Release notes

ATO fixes

Error code

Fix

CMN.ATO.GEN.XML03 - Field contains invalid data.

Fixed by the ATO.

The ATO was rejecting tax returns if the interest income schedule had bank account numbers with a dot (.). For example, 1234567890.1, (Heritage bank). This data was pre-filled from the ATO.

Resolved issues

Individual tax return

When an individual tax return received a distribution from a trust (with no foreign income), a blank foreign income worksheet was created.
In the depreciation worksheet, if there was an Assessable amount in the Disposal tab, and the Allocation of profit/loss section was set to Other Income, then item 24 Label Y displayed a negative assessable amount. A Negative value not allowed error appeared when you clicked Item 24 Label Y.
When rolling over a tax return from 2019 to 2020, the amounts at D10 - cost of managing tax affairs were incorrectly rolled over. This happened when there were more than 2 records at D10 in the 2019 tax return.
Item IT1 was populated with a random number like 999999999 when you accessed the Return properties > PAYG/Lodge tab. This was only a display issue and didn't affect the estimate.
The capital gains worksheet with T - Trust Distributions (including Managed Funds) category was removed if you accessed Item 20 Label M. This issue occurred only for the capital gains worksheet with T - Trust Distributions (including Managed Funds) category.
You couldn't delete the description at D3 - Work-related clothing, laundry and dry-cleaning expenses using the red cross near the Return Properties button or ctrl + delete.
When an individual return received a distribution from multiple trust returns, the foreign income entries were doubled up.
When sharing foreign rental property (ref) to another return, the amounts were not flowing to Item 20 R and to the shared tax return.

Estimates

Issue	Description
PAYG income tax payable not appearing in the estimate.	If you've completed Study and training loan repayments fields in the Adj Credits section, the PAYG income tax payable amounts didn't appear in the estimate.
Estimate footer had an incorrect tax year.	The estimate footer displayed the tax year 2017 or 2018 instead of 2019 or 2020.
T5 invalid carer offset.	T5 invalid carer offset calculated at 2019 rates instead of 2020 rates.
Tax-free threshold is incorrect for part-year resident who has stopped residency.	If you've completed Item A2 for a part-year residents who have stopped residency, the tax-free threshold amount is calculated incorrectly when generating an estimate. It shows more than what the taxpayer is entitled to.
Part year residency dates incorrectly transmitted to ATO.	If you've completed Item A2, Part-year residency worksheet at Medicare Item M1 Label V, the dates entered were incorrectly transferred to Label A2. This also transmitted incorrect dates to the ATO at the time of lodgement.
A2 calculation issue: NOA was different from the estimate.	In our recent interactions with the ATO, we’ve identified an issue for any lodged 2020 Individual returns where the taxpayer is a part-year resident. See Error: "400: BadRequest - Payload issue. Contact support" and EI 2020 Notice of Assessment incorrect for returns with part-year resident.

PLS rejections

Schedule/Item	Error code	Fix
D1: Work-related car expenses	CMN.ATO.GEN.XBRL03 & CMN.ATO.GEN.XBRL04 - A mandatory field has not been completed. This error occurred if the business % is zero.	Validation test implemented.
D4: Work-related self-education expenses (sed)	CMN.ATO.GEN.XBRL03 & CMN.ATO.GEN.XBRL04 - Invalid data provided. This error occurs when there are invalid characters. The valid values are 0-9a-zA-Z ., ( ) - * & # / and a space character.	Validation test implemented.
Distributions from Trust (dit) Foreign income (for) Foreign rental schedule (ref)	CMN.ATO.INCDTLS.000365 - Other foreign income instance is incomplete	Validation test implemented.
Foreign income (for) Foreign rental schedule (ref)	CMN.ATO.IITR.730089 - Assessable foreign source income must be provided	Validation test implemented.
Interest schedule (int)	CMN.ATO.GEN.XML01 - Details: The element 'InterestCollection' in namespace. This issue occurred if there were more than 20 records in the interest income schedule (int).	We've fixed the issue where: you're a full-year or part-year resident and all of the interest income is from Australia. you're a part-year resident and all of your interest income is from a single country. We're still working on a solution where: you're a part-year resident and your interest income comes from multiple countries.
Other income (oix)	CMN.ATO.IITR.730285 - Other income type - Category 1 - Amount is incorrect	Validation test implemented.
Salary and wages (egc)	CMN.ATO.GEN.XML03 - Organisation name - The actual length is greater than the MaxLength value	The word Pre-fill has been removed to accommodate the allowed 76 characters for the company name.
	CMN.ATO.INCDTLS.000120 - At least one Salary or wages payment summary amount must be provided	Validation test implemented.
	CMN.ATO.IITR.730159 - Salary or wages gross income amount must be provided	Validation test implemented.
SMSF tax return	CMN.ATO.INCDTLS.000319 - Superannuation income stream lump sum in arrears amount details are incomplete	Validation test implemented.

Printing

2020 company tax return:
- When printing the tax office copy PDF, the non individual payg payment summary was printing blank.
- Base rate entity - eligibility test: The aggregate turnover threshold showed an incorrect amount. The correct amount, $50 million, is now shown.
Consolidated trust distributions (ctd) schedule:
- There was a spelling error in the Franked dist. remaining amount field.
- The negative symbol didn't print on fields that flow from the distribution from trusts schedule.
- The consolidated Trust distributions printout was showing positive figures when it was meant to showing negative figures.
2020 trust, partnership tax return:
- The company name at Item 12 - Dividends didn't print when selecting Print schedule details within main return (I/P/T forms only) item 12.
Individual tax return:
- When printing the client copy, the dates for the Australian residency start date at Label A2 - Part-year tax-free threshold were misaligned.
2020 Trust tax return:
- The distributions from trusts (dit) schedule didn't print the Capital gains, Capital gains/losses on disposal of units in a unit trust, and Foreign income fields.

Error messages

Error: DZZTC30 invalid file name when selecting Import from Accounts or Import from Farm Accounts to import data into 2020 tax return. This is now fixed.

Previous hotfix release notes

Hotfix 55312424 (2020.0b)

Compliance changes

We've included the following compliance changes in this release. The ATO release contains cyclical changes for the decrease of the parenting payment threshold, and contains fixes to resolve validations errors:

Error code	Change
CMN.ATO.IITR.630003	The rule is updated due to the decrease of the parenting payment threshold from $20.995 to $20,543 for the income year.
CMN. ATO.IITR.310005	The rule is updated. In an individual tax return, if you've answered N at "Have you ever, either directly or indirectly, caused the transfer of property (incl. money) or services to a non-resident trust estate?" (Item 19 Label W)', the transferor trust income amount reported (Item 19 Label B) field must be null. Do not enter 0. Y at "Have you ever, either directly or indirectly, caused the transfer of property (incl. money) or services to a non-resident trust estate?" (Item 19 Label W)', the transferor trust income amount reported (Item 19 Label B) field must have a value greater than zero.
CMN. ATO.IITR.310004	The rule is updated. In an individual tax return, if you've answered: N at "Have you ever, either directly or indirectly in a controlled foreign company (CFC)?" (Item 19 Label I)', the CFC income (Item 19 Label K) field must be null. Do not enter 0. Y at "Have you ever, either directly or indirectly in a controlled foreign company (CFC)?" (Item 19 Label I)', the CFC income (Item 19 Label K) field must have a value greater than zero.
CMN.ATO.GEN.XML03	Fixed by the ATO. Individual return with prefill data was rejecting if it has special characters other than the valid characters. Valid values are 0-9a-zA-Z ., ( ) - * & # / and a space character The following fields are impacted: Dividends reference number Interest account number Managed fund reference number
CMN.ATO.IITR.730057	Fixed by the ATO. Individual return rejected if taxpayers over 60 years, and unable to claim the Assessable amount from capped defined benefit income stream amount
CMN.ATO.IITR.730488	Fixed by the ATO. Individual return rejected if the return has Working holiday maker net income unable to lodge without providing an INCDTLS schedule

Rates

We've updated the CPI indexation factor for the 30 June 2020 quarter. This indexation factor is used solely for FBT purposes concerning remote area benefits (under ss 60 and 60AA of the FBTAA).

Multi-property rental schedule changes (Individual returns only)

We've made a number of changes to the multi-property rental schedule for an individual tax return.

You can enter dollars and cents in the Gross amount field and up to 2 decimal values in the ownership % field. Previously, these fields didn't allow decimal values.
You can now enter an amount in the ownership share field if the share is different to the ownership %. Previously, you couldn't change the amount in this field.
We've readded the Private amount field. You can enter an amount in the Private amount field if the private use is different to the default private use %.
Total other rental related income is now consolidated into one field. We've made this change as only the total amount is sent to the ATO. Previously, there was a breakdown of the fields such as Rental bond money retained, Insurance compensation for lost rent, etc.

To read about all the changes see, Rental Income and Expenses (Individual returns only)

Multi-property rental property fixes

When printing the multi-property rental schedule, it will now print the decimal values in the Your share column.
Rental schedule values populate in the individual tax return when shared from a non-individual tax return such as a trust return.
Sharing between 3 owners (for example, 33.33%) will share the values correctly.
A discrepancy caused by a rounding issue when the rental property is shared will now calculate correctly.

See Tax 2020: Multi rental property issues (Individual returns only) for more info.

Estimate fixes

Issue

Description

Study and loan repayment estimate issue

In Adj/Credits tab, if you've completed any of the labels under Study and loan repayment, the estimate is incorrect:

for the repayments amount
if the return has only foreign income (completed the FI schedule).

Foreign income tax offset (FITO) doubling up when generating an estimate

In an individual tax return, if a foreign pension and annuities schedule is completed and if you're claiming FITO at Item 20 Label O, every time you generate an estimate the FITO amount is doubled up.

SBE Pool closing balance not writing off if below the threshold

If the SBE Pool closing balance is less than $150,000 as of 30 June 2020, it will now be written off.

Data entry

Interest income pre-fill data not integrating with at Item 10 - If you've used the ATO pre-fill for interest income, there was an issue with refreshing where the correct total was not flowing into the return at Item 10.
If you're distributing a loss from a trust return to an individual tax return, it will display in the correct field, Share of Label U Other, in the Individual tax return.

PLS rejections

After installing the hotfix, re-lodge any returns with the rejected status

Schedule	Error code	Fix
Dividends worksheet (div) Interest worksheet (int) Distributions from managed fund (dim)	CMN.ATO.GEN.XML03 - Field contains invalid text. The valid values are 0-9a-zA-Z ., ( ) - * & # / and a space character.	Validation test implemented. You'll see this error on F3 validation if you entered characters other than what's allowed in the field.
Australian super income schedule (asi)	CMN.ATO.INCDTLS.000013 CMN.ATO.INCDTLS.000015 CMN.ATO.INCDTLS.000318 CMN.ATO.IITR.730056 CMN.ATO.IITR.730057 CMN.ATO.IITR.730059	Validation test implemented.
Business income worksheet	CMN.ATO.IITR.310042 CMN.ATO.IITR.310045 CMN.ATO.IITR.730372 CMN.ATO.IITR.730373 CMN.ATO.IITR.311054	Validation test implemented.
Distributions from Managed fund(dim) with foreign income	CMN.ATO.IITR.730095 CMN.ATO.IITR.730097 CMN.ATO.IITR.310076 CMN.ATO.IITR.730088 CMN.ATO.IITR.730097	Validation tests implemented.
Dividends worksheet (div)	CMN.ATO.IITR.730199 The Dividends - Franked amount must equal the sum of all Dividends franked amounts reported for the individual in the attached Income Details schedule CMN.ATO.IITR.730251 The Dividends - Franking credit amount must equal the sum of all Dividends franking credits reported for the individual in the attached Income Details schedule	Validation tests implemented.
Early stage offset (eso)	CMN.ATO.INCDTLS.000370	Validation test implemented
Employee share scheme (emp)	CMN.ATO.INCDTLS.000266 Payer's Australian business number is invalid.	Validation test implemented
Foreign entities worksheet (fen)	CMN.ATO.INCDTLS.000354 CMN.ATO.INCDTLS.000353	Validation tests implemented
Interest income (int)	CMN.ATO.IITR.730197 - Unfranked amount is incorrect. This was a rounding issue where there were 99 cents. CMN.ATO.IITR.730084 Gross interest amount is incorrect. This error occurs for a part-year resident with interest income and Country of residence when the interest was paid or credited is not completed for Australia CMN.ATO.IITR.730378 Country of residence when the interest was paid or credited must be provided. This error occurs for a part-year resident with interest income and Country of residence when the interest was paid or credited is not completed for Australia.	Where there were 99 cents, it is now rounding down correctly. Validation test implemented if there are invalid characters in the property name field.
Losses schedule	CMN.ATO.IITR.730435 Primary production and/or Non-primary production deferred losses amount incorrect	Validation test implemented
Multi rental property schedule	CMN.ATO.GEN.XBRL03 A field contains invalid data - AddressDetails.SiteName.Text This error occurs if there are invalid characters in the property name CMN.ATO.RNTL.PRPTY.000109	Validation test implemented if there are invalid characters in the property name field.
Superlump payment schedule	CMN.ATO.IITR.600104 This error happens when the superlump payment is pre-filled from the ATO and the zero value is missing at the untaxed element.	Validation test implemented
Trust tax return	CMN.ATO.TRT.432863 If the type of trust is '232' (testamentary trust), then the assessment calculation code for each Statement of Distribution must be 25, 26, 27, 28, 29, 30, 34, 35, 125, 126, 127, 128, 129, 134, 138, 139 or 140 and the assessment calculation code in the distribution statement where no beneficiary is entitled, if present, must be 36 or 37.	Validation test implemented

Trust returns

Error	Description
Cannot be greater than 365 when you enter 366 at item 54 - Full Medicare levy exemption field.	This is now fixed and you can enter 366 in the field.

SMSF return

Error code	Description
V35 - Invalid code provided, hours taken must be larger than zero	This error was incorrectly generating even if there was no Interposed entity election or revocation schedule present. This is now fixed.

Printing fixes

Return/schedule	Issue	What's fixed
Individual return	If the data is pre-filled from the ATO, the word Prefill shows in the name field. This happens even if Exclude Prefill labels is selected in Print job attributes.	You'll no longer see 'Pre-fill' in the name field if the data is pre-filled from the ATO. This will affect the following worksheets with pre-fill data: Salary and wages worksheet (egc) Foreign Employment Income (fei) worksheet Dividend worksheet
Trust return	If you've answered N at Is the trust a managed investment trust?, the X doesn't show when printing the ATO PDF copy.	The X will print correctly when you answer N at Is the trust a managed investment trust? question.
International dealings schedule	If you've completed questions 21B, 21C, and 21D in an International dealings schedule, the amounts don't show when printing the ATO PDF copy.	The amounts at Question 21B, 21C, and 21D in an International dealings schedule will print correctly.
International dealings schedule	If you've completed question 12 in an International dealings schedule, the amounts don't show when printing the ATO PDF copy.	The amounts at Question 12 in an International dealings schedule will print correctly.

Hotfix 52701915 (2020.0a)

Resolved by MYOB (agency)

If the status of the tax returns with this error is still Rejected, relodge the return after the date the issue has been fixed.

Error	Fixed on
CMN.ATO.IITR.730363 CMN.ATO.IITR.730362 Happens on 2020 individual tax returns with business income.	29 July 2020
	29 July 2020
CMN.ATO.GEN.XML03 "DividendsCollection.MiscellaneousInvestorReferenceNumberId Hint: The Pattern constraint failed ***************115 " Happens on the dividends worksheet (div) is pre-filled from the ATO. The ATO is not accepting a value with the masking character that they provided in pre-fill.	27 July 2020
Http status code: 400-BadRequest. Message: Payload issue. Contact Support Happens on 2020 Client Update (CU) form.	20 July 2020
CMN.ATO.GEN.XBRL01 Happens on 2020 company tax returns with R&D schedule.	20 July 2020
CMN.ATO.GEN.XBRL01 Happens on 2020 individual tax returns.	06 July 2020

CMN.ATO.GEN.XML03

Summary

What's changed

CMN.ATO.GEN.XML03

"DividendsCollection.MiscellaneousInvestor

ReferenceNumberId
Hint: The Pattern constraint failed ****************115 "

Worksheet name: Dividends (div)

if the dividends worksheet (div) is pre-filled from the ATO.

The ATO is not accepting a value with the masking * character that they provided in pre-fill.

MYOB (agency) fixed the issue on 27 July 2020. Relodge any return with the rejected status.

DividendsCollection.Regulatory
DisclosuresAccountHolderCt

Hint: The MinInclusive constraint failed eg value = "0"

Worksheet name: Dividends (div)

Field name: Number of Account holders.

If there's zero in the number of account holders field.

Zero is not a valid value.

You'll see an F3 validation error if you have no value or zero at the number of Account holders field. The value must be 1 or greater.

InterestCollection.FinancialInstitutionAccount
FinancialInstitutionAccountN

Hint: The Pattern constraint failed eg value = "****1365"

Worksheet name: Interest (int)

Field name: Financial institution name.

If there is a masking field * in the name.

You'll see an F3 validation error if you enter characters other than letters, numbers, space and . & ( ) ' - , * #

"InterestCollection.FinancialInstitutionAccount
FinancialInstitutionNameT

Hint: The Pattern constraint failed eg - BENDIGO BANK A/C 1234 "

Example 2:

"InterestCollection.FinancialInstitutionAccount

FinancialInstitutionNameT
Hint: The Pattern constraint failed eg - JOAN + JOHN SMITH.

Worksheet name: Interest (int)

Field name: Financial institution name.

If there's a special character such as / or + in the Financial institution field.

Example 2 can happen from the ATO pre-fill.

You'll see an F3 validation error if you enter characters other than letters, numbers, space and . & ( ) ' - , * #

Field contains invalid text (Description): Dit: The

Worksheet name: Foreign income (for) created from Distribution from Trusts (dit) or Distributions from Managed fund worksheet.

Field name: Description in the foreign income worksheet.

If there's a colon : in the description field.

You'll see an F3 validation for the tax returns created after installing the hotfix.

To fix the errors after installing the hotfix

If you have tax returns created before installing the hotfix:

Go to the worksheet where you've entered the foreign income. For example, the distribution from Trusts or Distributions from Managed fund (dim).
Press F6 to refresh the worksheet.
Validate and lodge the return.

A field contains invalid data (such as letters in numeric or date field).

This error occurs you have special characters in any of these fields:

Dividends reference number
Government payments
Salary and wages
Payer's name/
ESS payer's name
Dividends company or trust
Managed fund name
Foreign income employer name
Foreign entity non-resident trust name
Foreign entity trustee or trustees name
Foreign pension or annuity description
Other foreign income description
Other income description
Partnership Name
Business income statement payer's name

You'll see an F3 validation error if you enter characters other than letters, numbers, space and . & ( ) ' - , * #

To fix the errors after installing the hotfix

If you have a + or / in the financial institution field, you'll see an F3 validation error. Enter the valid characters allowed in the fields, complete the details and relodge the return.

Income details schedule (INCDLTS)

These errors are now implemented in the software so you can fix them before lodging and prevent ATO rejections.

INCDTLS worksheet	Validations	What's changed
Australian Annuity Payment Summary (aap)	CMN.ATO.INCDTLS.000313 CMN.ATO.INCDTLS.000314	Validation tests implemented.
Business income statement and payment summaries (bip)	CMN.ATO.INCDTLS.000373 CMN.ATO.INCDTLS.000374 CMN.ATO.INCDTLS.000375 CMN.ATO.INCDTLS.000377	Validation tests implemented.
Consolidated trust distribution (ctd)	CMN.ATO.INCDTLS.000380	Validation tests implemented.
Distributions from partnerships (dip)	CMN.ATO.IITR.730461 CMN.ATO.IITR.730463 CMN.ATO.IITR.730475	After installing the hotfix, you'll now see an F3 validation error in the software.
Distributions from Managed Fund (dim)	CMN.ATO.INCDTLS.000163 CMN.ATO.INCDTLS.000165 CMN.ATO.INCDTLS.000248 CMN.ATO.INCDTLS.000250 CMN.ATO.INCDTLS.000251 CMN.ATO.INCDTLS.000255 CMN.ATO.INCDTLS.000256	Validation tests implemented.
Distributions from Trusts (dit)	CMN.ATO.INCDTLS.000381 Non-primary production net income from trusts amount details are incomplete. This error occurs if the Share of label U Income related to the financial invest field is blank. You must have value 0 or greater.	After installing the hotfix, relodge the return.
	CMN.ATO.INCDTLS.000384 Franked distributions from trust amount details are incomplete. This error occurs if the Franked distribs relating to invest. field is blank.	After installing the hotfix, relodge the return.
	V2626 Other refundable tax offsets code is present and the amount of other refundable tax offsets is not completed or is equal to zero. This error occurs when there's a zero value at item T10 but no code present.	After installing the hotfix, you'll now see an F3 validation error in the software. Refresh the worksheet at T10.
	CMN.ATO.IITR.000387 CMN.ATO.IITR.730407 CMN.ATO.IITR.730413 CMN.ATO.IITR.730414 CMN.ATO.IITR.730415 CMN.ATO.IITR.730485 CMN.ATO.IITR.730486 CMN.ATO.IITR.730380 CMN.ATO.IITR.730381 CMN.ATO.IITR.730424 CMN.ATO.IITR.730425	Validation tests implemented.
Employee share scheme (ess)	CMN.ATO.INCDTLS.000367 CMN.ATO.INCDTLS.000368 CMN.ATO.INCDTLS.000369	Validation tests implemented.
Foreign pensions/annuity worksheet (fpa)	CMN.ATO.INCDTLS.000277 CMN.ATO.INCDTLS.000361 CMN.ATO.INCDTLS.000364 CMN.ATO.INCDTLS.000365 CMN.ATO.IITR.730088 CMN.ATO.IITR.730354 CMN.ATO.IITR.730355 CMN.ATO.IITR.730356	Validation tests implemented.
Foreign income worksheet (for)	CMN.ATO.IITR.730359	Validation tests implemented.
Interest income (int)	CMN.ATO.IITR.730377 When the individual is an Australian resident for the full year, the Country of residence when the interest was paid or credited in the attached Income Details schedule must not be provided.	After installing the hotfix, you'll now see an F3 validation error in the software.
Multi rental property (RNTLPRPTY)	CMN.ATO.IITR.730215	Validation tests implemented.
Other income worksheet (oix)	CMN.ATO.IITR.730255 CMN.ATO.IITR.730257 CMN.ATO.IITR.730295	Validation tests implemented.
Salary and wages (egc)	CMN.ATO.INCDTLS.000005 CMN.ATO.INCDTLS.000011	Validation tests implemented.

Dividends worksheet pre-fill

Summary

What's changed

When pre-filling from the ATO to the Dividends worksheet, the company or Trust name field is pre-filling Account name instead of Organisation name from the pre-fill report.

When you do a ATO prefill after installing the hotfix, the account name will pre-fill correctly.

To fix the errors after installing the hotfix

For returns created prior to installing the hotfix, redo the ATO pre-fill and relodge the tax return.

Deductions schedule

Error code and summary

What's changed

DDCTNS.000215 - Other work related expenses amount must be provided.
If the mve description worksheet is incorrectly integrating to D5.

For any returns created after installing the hotfix, the mve descritpion will not incorrectly show at D5.

To fix the errors after installing the hotfix

For returns created prior to installing hotfix, refresh the D5 worksheet to remove the incorrect mve description.

Partnerships and trusts

Error

What's changed

CMN.ATO.RS.000143
Field incorrect format. Exceeds maximum digits and/or contains illegal characters.

This error occurs when Number of weeks property was available for rent this year field is incorrectly populating a value of 100. This value cannot be more than 52.

For any returns created after installing the hotfix, you'll see the F3 validation if the number of weeks is greater than 52.

If you have multiple rental schedules, check the number of weeks in every schedule.

To fix the errors after installing the hotfix

For returns created prior to installing the hotfix, make sure the value at the Number of weeks property was available for rent is not more than 52.
Check this value in each schedule if you have mulitple rental schedule.

Estimate issues

Issue	Summary
Small Business pool depreciation rate was incorrect.	We've fixed the depreciation rate to be 15% rather than 50%. After installing the hotfix, generate the estimate again.
Study and loan repayment.	In the Adj/Credits tab, if you've completed any of the labels under Study and loan repayment, you may experience the following issues: the tax estimate is incorrect the order of the debts repayment hasn't been applied. After installing the hotfix, generate the estimate again.
Motor vehicle DCL limit.	In the depreciation worksheet, Depreciation Calculation Limit (DCL) incorrect when selecting Motor vehicle. DCL value shows 59136 instead of 57581.
Lumpsum in arrears not reducing the Medicare levy surcharge.	When there's a Lump sum in arrears amount at salary and wages, foreign income, foreign pensions or foreign employment income worksheet, it was reducing income for Medicare levy surcharge (MLS) by any tax element of the lump sum. After installing the hotfix, generate the estimate again.

Other fixes

Foreign currency exchange rates updated for 2020 financial year.
Non-individual tax returns: Dividend worksheet printing the correct company name.

Hotfix 52700068

Fixes

Issues fixed in the first Tax 2020.0 hotfix (hotfix 52700068) are also included in this hotfix:

The Tax 2020: Validation errors/rejections in Income details schedule (INCDTLS). Make sure you relodge and redo the pre-fill for the affected return after installing the hotfix.
To fix the error after installing the hotfix
Relodge and redo the pre-fill for the affected return after installing the hotfix.
The Tax 2020: Incorrect estimates in an individual return estimate issues. You don't need to do anything after the hotfix install. The estimate will be generated correctly.
Tax 2020: D5 and D9 descriptions not rolling over.
To fix the error after installing the hotfix
Follow the KB Tax 2020: D5 and D9 descriptions not rolling over for steps.
Tax 2020: Printing tax office copy of PAYG payment summary (for individuals).
In the Company tax return, unfranked dividends in Gross dividends schedule are showing as expense in the Other deductions worksheet.
In the SMSF:
- Deductible expense (L1) in Gross dividends schedule isn't showing at Item 12 Other amounts Label L1. Instead, it shows the amount from Unfranked dividends.
- The Property count field from Class Super couldn't be imported to the corresponding field in the tax return.
In the Distribution from managed fund (dim) worksheet (Individual tax return):
- When deleting the worksheet, at item 20, the Foreign tax offset received from managed fund label is also cleared.
- There was no validation test for the mandatory Number of account holders field. We've now implemented a validation test.
- There was a rounding issue in the CFC income and Australian franking credits from an NZ franking company fields.

Install guide

Read through this installation guide before you begin installing this update. It will help you plan the tasks required.

Prerequisites

You must have MYOB AE/AO version 5.4.35.161 installed.
To check your current version, click Help on the main menu and select About.
Ensure you have administrator access to the server where MYOB AE/AO is installed.
Ensure all users are logged out of all MYOB programs.

Installing the hotfix

If you use series 8

You may see the error "This install is not required on your environment" when installing the hotfix.

This error occurs if you haven't run a workstation install after installing the Tax 2020.0 release (not this hotfix).

To fix the issue:

Run a workstation install. See Running a Contacts or Client Compliance workstation setup
Continue with the hotfix installation steps below.

If you don't use Series 8, you don't need to do a workstation install in addition to the following installation steps.

Go to my.MYOB and download the MYOB Tax Hotfix 56036984 - Installer file to your server location where you installed MYOB AE/AO.
Double-click the executable to start the installation.
In the Welcome to the InstallShield Wizard window, click Next.
Select I accept the terms in the licence agreement.
Click Next to install the utility.
On the InstallShield Wizard Completed window, click Finish.

To confirm a successful installation

Open a 2020 tax return.
Select Help and choose About.
Check that the version number is 2020.0c.

Need help?

Our support hours:
Mon–Fri
9am to 5pm AEST.

Phone: 1300 555 666 option 2, 2, 2, 2.