Before you start: This is general information, not tax advice.
What’s different with these providers?
Providers like Stockspot, Raiz, InvestSMART (PMA), and Six Park operate as managed portfolios or MDAs. They build a portfolio from underlying assets (like ETFs), but at year-end, they issue one consolidated Annual Investor Statement (AIS) for the whole account. They do not issue individual AMMA statements for each ETF.
Navexa's database is atomic: it records tax components per holding and per distribution. To make your Navexa tax reports match the provider's AIS, you must manually apportion (split) the totals from their single statement across the individual ETF holdings in your portfolio.
What Navexa supports today
We don’t auto-apply a single AIS across multiple holdings. You must reflect it by manually splitting the AIS totals per ETF and entering them using Tax Reporting → Taxable Income → Enter Statement Components.
TL;DR
Get each ETF’s FY Gross Amount (ex-date based) from Performance → Income Contributions → Last financial year → Export.
Compute Weight = ETF Gross ÷ Total Gross. (ETFs with no FY distribution get 0%).
Multiply each line item on your provider's AIS (e.g., Foreign income) by each ETF’s weight.
For each ETF: Go to Tax Reporting → Taxable Income → Enter Statement Components → paste that ETF’s apportioned Totals → Save.
Re-run the Taxable Income report.
Record non-ETF items: cash interest on your Cash holding and investor-level fees as a Portfolio Expense.
Step 1 — Calculate each ETF’s weighting (ex-date based)
In Navexa, go to Performance → Income Contributions.
Set the date range to Last financial year, then click Export.
In the exported CSV, sum the Gross Amount for each ETF.
Crucially, use
Gross Amount, notNet Dividend. A DRP can make theNet Dividendappear as $0, but the Gross Amount reflects the true income entitlement.
Compute the weight: Weight(ETF) = ETF FY Gross ÷ Total FY Gross.
If an ETF paid no FY distributions, its weight is 0% (e.g., a gold fund that didn’t distribute).
Note: The Income Contributions export is correctly filtered by ex/record date, which aligns with ATO tax entitlement. This is true even if the on-screen table shows 'Paid' dates.
Step 2 — Split your AIS totals across ETFs
For each line item on your provider's AIS, multiply its total dollar amount by each ETF’s weight.
Example (using Stockspot AIS values, assuming 25% weight for VAS):
AIS Component | AIS Total | ETF (VAS) Share (25%) |
Franked distributions | $618.84 | $154.71 |
Franking credits | $191.82 | $47.96 |
Foreign income | $474.94 | $118.74 |
Foreign income tax offset | $52.18 | $13.05 |
Trust capital gains (Discounted) | $2,041.00 | $510.25 |
Non-assessable | $335.84 | $83.96 |
Enter Discounted capital gains as the gross amount (before the 50% discount). Set “Other method” to $0 if your AIS shows none; Navexa will compute the net label automatically.
Tip: If GOLD paid no distributions this FY, its weight is 0% and it receives $0 for every AIS line.
Include AMIT cost base increase/decrease and any other components shown on your AIS.
Step 3 — Enter components per ETF (pro-rata form)
In Navexa, go to Tax Reporting → Taxable Income.
In the Trust income (from AMIT/AMMA statements) section, find the first ETF (e.g., VAS) and click Enter Statement Components.
In the dialog that appears, use the Net Amount column. Paste that ETF’s apportioned amounts (from Step 2) into the corresponding fields.
Click Save. Navexa will automatically spread these totals across the year's distributions based on their ex-dates.
Repeat for each ETF that has apportioned income.
Once all ETFs are done, click Re-run at the top of the report to see the new totals.
Do not try to create new $0 distributions on the Income tab. The Enter Statement Components form is the correct tool for this purpose. It's designed to annotate existing distributions (or create tax-only entries if no cash was paid) with the correct tax data.
Step 4 — Record non-ETF items correctly
Your provider's AIS may include items not linked to an ETF:
Interest: Add this as an Interest transaction against your Cash holding (if you have a cash account set up in Navexa, otherwise do this externally.
Investor-level fees/deductions (e.g., D15-J): Record these outside Navexa.
What not to do
Don’t paste your entire AIS into a single ETF. This will significantly distort the cost base and income reporting of that one holding.
Don’t delete your existing distribution rows from the Income tab. These record your real-world cash and DRP history and are essential for performance calculations.
Don’t try to edit tax labels directly in the report table. They are read-only and will update automatically after you save components (Step 3) and re-run the report.
Is it worth doing?
Yes, if:
You want Navexa’s Taxable Income labels (e.g., 10U, 13C, 20M) to align perfectly with your AIS for lodging your tax return.
You want your future Capital Gains Tax (CGT) calculations to be correct. The AMIT cost-base increase/decrease components are critical for this. They directly adjust the cost base of your units, which is used when you eventually sell.
You can skip it if:
Your accountant files directly from the provider's AIS and ignores Navexa's tax reports.
You only use Navexa for performance tracking (though we'd recommend at least entering the AMIT cost-base adjustments before any disposal).