When To Use This
You’re tracking an Australian-domiciled managed fund as a custom investment and, in the Tax Report → Taxable Income, the amounts appear under Non-trust income instead of Trust income, so you can’t enter AMIT or AMMA components.
AMIT = Attribution Managed Investment Trust.
AMMA statement = AMIT Member Annual Statement.
Why It Happens
For custom investments, Navexa won’t assume distributions are trust income. You need to enable trust income at the holding level and for each dividend/distribution record.
Fix It (Step-by-Step)
Check the Holding Setting
• Go to the holding → Settings.
• Set Trust Income to Yes.
• Ensure Exclude From Tax is No.
• Save.Check Each Dividend/Distribution
• Open the holding → Income (1) then selct the ⋮ (2) then edit (3).
• Edit each relevant Dividend/Distribution record.
• Set Trust Income to Yes.
• Save.
Refresh Your Tax Report
• Open Reports → Tax Report → Taxable Income.
• The amounts should now appear under Trust income, and the AMIT/AMMA component fields will be available to enter.
Quick Checks
• If it’s a company dividend or a non-trust instrument, leave Trust Income as No.
• If nothing changes, confirm you edited every relevant distribution for the year you’re reporting.
• Make sure you’re viewing the correct financial year in the report.
What You Can Enter Once Enabled
When Trust Income is on, you’ll be able to enter the components from your AMMA statement (for example, unfranked amounts, capital gains categories, franking credits, foreign income and credits, AMIT cost base increase/decrease amounts).
Compliance Note
This article explains how to use Navexa’s settings. Use your fund’s AMMA statement to enter the correct amounts. Remember, this is general information, not personal financial advice.