How to Use Navexa’s Tax Overview Page

Navexa’s Tax Overview page helps you check whether your portfolio data is ready for Australian tax reporting before you open your tax reports.

To open Navexa’s Tax Overview page:

Make sure you choose the correct financial year before checking the page. The figures, warnings, checklist items and report links on the Tax Overview page are based on the selected financial year.

The Tax Readiness checklist shows whether key parts of your portfolio data are complete for the selected financial year.

The checklist may include areas such as:

If an item shows a warning or a Fix button, Navexa has found something that should be reviewed before you rely on your tax reports.

You can still open reports before every item is resolved, but unresolved items may lead to incomplete or less accurate results.

Use the Fix button to go directly to the area that needs attention.

For example, selecting Fix may take you to:

Work through each checklist item one by one. Once an issue is resolved, Navexa removes it from the tax readiness workflow.

If Dividends shows items to resolve, select Fix to open the dividend review screen.

From this screen, you can:

Use this screen to check dividend amounts, dates and details before confirming them.

Once a dividend is confirmed, Navexa treats it as resolved for the tax readiness checklist. You can view confirmed dividends later from the holding’s Income tab.

If Holdings shows items to resolve, select Fix to open the relevant holding issue list.

For example, Navexa may show a warning if a holding has a negative balance at the end of the selected period. This usually means the holding does not reconcile correctly for that financial year and should be reviewed before you rely on your tax reports.

If Trust Income (AMIT) shows items to resolve, select Fix to open the holding that needs AMIT data.

Navexa will take you to the holding’s Income page, where you can enter the required annual tax statement information for the relevant financial year.

This is common for ETFs, managed funds and trust-style investments that issue AMIT or AMMA statement components after the end of the financial year.

The Tax Overview page shows a summary of your tax position for the selected financial year.

The Net Capital Gains section shows your current realised capital gain or loss position.

It may include:

Use this section as a quick check before opening the full Capital Gains Tax report.

The Total Income section shows income Navexa has recorded for the selected financial year.

This may include income such as:

Use this section as a quick check before opening the full Taxable Income report.

The Tax Overview page also shows key tax settings that affect your reports.

These may include:

Review these settings before relying on your final reports. For Australian ATO reporting, your portfolio must be set up in AUD.

Once you have reviewed the Tax Overview page and resolved any outstanding checklist items, open the report you need.

The Tax Overview page gives you access to:

Reports opened from the Tax Overview page use the same financial year selected on the Tax Overview page.

You can also open these reports directly from Tax Reporting in the left-hand menu.

The Tax Overview page also links to tax planning reports.

These reports can help you review your portfolio position, but they are not the same as lodged tax reports.

Use:

If the Tax Overview page shows warnings, start with the Tax Readiness checklist.

A simple workflow is:

For most customers, the Tax Readiness checklist is the fastest way to see what needs attention before using Navexa’s tax reports.

Before relying on any figures from the Tax Overview page or the reports linked from it, make sure your portfolio data is complete and up to date.

Pay particular attention to:

Navexa generates tax reporting figures from the data recorded in your portfolio. The more complete your data is, the more useful your tax reports will be.

Remember, this is general information, not personal financial advice.