Vanguard Personal Investor provides one Annual Tax Report for the account, which combines the tax components from all your ETFs and funds into consolidated totals.
This means you can't enter the consolidated Vanguard figures against a single holding in Navexa. Navexa records annual tax components separately against each ETF or fund.
Instead, you'll need to use the detailed per-investment section later in the Vanguard report and enter the components manually for each holding.
Find The Detailed Section
The first pages of the Vanguard Personal Investor Annual Tax Report show the consolidated tax totals for the whole account.
Do not enter these totals against one holding in Navexa.
Continue through the report until you reach the detailed tax information. In current Vanguard reports, this section changes to a landscape page layout and begins with:
Australian interest income and tax information
The pages that follow break the tax information down by individual investment code.
You'll use these detailed tables to complete each holding separately in Navexa.
For this workflow, use Enter manually in Navexa. Don't try to import the complete Vanguard Personal Investor Annual Tax Report as an AMIT statement because the PDF contains tax information for multiple holdings.
Open The AMIT Form
To enter the components:
Open Tax Reporting from the left-hand menu.
Select Taxable Income.
Choose the relevant financial year.
Find the ETF or fund under Trust Income.
Select Enter AMIT Statement or Update AMIT Statement.
Select Enter manually.
Complete the following fields using the figures for that individual holding in your Vanguard report.
Australian Income
Vanguard Tax Report Column | Where To Enter In Navexa AMIT |
Franked amount (including franking tax credits) | Franked distributions from trusts — 13C |
Franking tax credits | Share of franking credits from franked dividends — 13Q |
TFN withholding credits | Share of credit for TFN amounts withheld — 13R |
For Share of non-primary production income — 13U, add together the following Vanguard columns for that holding:
Vanguard Tax Report Column | Where To Enter In Navexa AMIT |
Unfranked amounts | 13U — add together |
Interest income | 13U — add together |
Other income | 13U — add together |
Other income - CBMI | 13U — add together |
Other Income excl. NCMI | 13U — add together |
Other Income - NCMI | 13U — add together |
Enter the combined total into Share of non-primary production income — 13U.
Don't also enter Vanguard's Interest income into Navexa's separate Interest field. For this Vanguard report, that amount forms part of 13U.
Foreign Income
Find Trust distributions from foreign source and use the row for the individual investment.
Vanguard Tax Report Column | Where To Enter In Navexa AMIT |
Assessable foreign source income (including tax offsets) | Assessable foreign source income — 20E |
Assessable foreign source income (including tax offsets) | Other net foreign source income — 20M |
Foreign income tax offsets | Foreign income tax offset — 20O |
Enter the same Assessable foreign source income amount into both 20E and 20M.
Do not split the amount between the two fields.
Capital Gains
Use the Capital gains tables for the individual holding.
Discounted Method
Add together any applicable amounts below and enter the total into Capital Gains - Discounted Method.
Vanguard Tax Report Column | Where To Enter In Navexa AMIT |
Discounted capital gains TAP | Capital Gains - Discounted Method |
Discounted capital gains TAP - CBMI | Capital Gains - Discounted Method |
Discounted capital gains TAP excluding NCMI | Capital Gains - Discounted Method |
Discounted capital gains TAP - NCMI | Capital Gains - Discounted Method |
Discounted capital gains non-TAP | Capital Gains - Discounted Method |
Foreign capital gains - Discounted method | Capital Gains - Discounted Method |
Other Method
Add together any applicable amounts below and enter the total into Capital Gains - Other Method.
Vanguard Tax Report Column | Where To Enter In Navexa AMIT |
Index capital gains TAP | Capital Gains - Other Method |
Index capital gains non-TAP | Capital Gains - Other Method |
Other capital gains TAP | Capital Gains - Other Method |
Other capital gains TAP - CBMI | Capital Gains - Other Method |
Other capital gains TAP excluding NCMI | Capital Gains - Other Method |
Other capital gains TAP - NCMI | Capital Gains - Other Method |
Other capital gains non-TAP | Capital Gains - Other Method |
Foreign capital gains - Indexation method | Capital Gains - Other Method |
Foreign capital gains - Other | Capital Gains - Other Method |
CGT Concession
Add together any applicable amounts below.
Vanguard Tax Report Column | Where To Enter In Navexa AMIT |
CGT concession | CGT Concession (AMIT CGT gross up) |
CGT concession - CBMI | CGT Concession (AMIT CGT gross up) |
CGT concession excluding NCMI | CGT Concession (AMIT CGT gross up) |
CGT concession - NCMI | CGT Concession (AMIT CGT gross up) |
Foreign capital gains - Concessional method | CGT Concession (AMIT CGT gross up) |
Navexa calculates 18A — Net Capital Gain and 18H — Total Current Year Capital Gain automatically.
Do not copy Vanguard's consolidated 18A or 18H amounts into an individual holding.
Also do not enter the separate Capital gains / (losses) from disposal of assets section into the AMIT form. Navexa calculates gains and losses from your recorded trades separately.
Foreign CGT Offsets
If the Vanguard capital gains tables contain any of these amounts, add them to the holding's other foreign income tax offsets.
Vanguard Tax Report Column | Where To Enter In Navexa AMIT |
Foreign offset CGT - Indexed | Foreign income tax offset — 20O |
Foreign offset CGT - Discounted method | Foreign income tax offset — 20O |
Foreign offset credits - Other | Foreign income tax offset — 20O |
AMIT Cost Base Adjustments
Near the end of the Vanguard report, find:
AMIT cost base net amount information
Use the row for the individual investment.
Vanguard Tax Report Column | Where To Enter In Navexa AMIT |
Excess (reduce cost base) | AMIT Decrease (AMIT Excess) |
Shortfall (increase cost base) | AMIT Increase (AMIT Shortfall) |
Do not use the consolidated AMIT summary earlier in the Vanguard report.
That summary can combine adjustments from multiple ETFs. Navexa needs the adjustment for each individual holding.
Leave These Fields Blank
For this Vanguard Personal Investor workflow, don't enter the same amounts again into:
Tax Deferred
Non Assessable
Interest
The relevant cost base adjustment is captured through AMIT Increase or AMIT Decrease, while Vanguard's trust interest component has already been included in 13U.
Check Uncommon Components
Your Vanguard report may contain additional components that don't have a matching field in the standard Navexa AMIT form.
These can include:
Primary production income
Other deductions
Attributable income CFC
Non-resident withholding tax
Australian franking credits from a New Zealand company
If one of these contains a non-zero amount, don't enter it into another Navexa field just because the wording looks similar.
Follow the relevant Navexa guidance or confirm the treatment with your accountant or tax adviser.
Save And Repeat
Select Save Updated Distributions once you've entered the components for the holding.
Then repeat the process for every ETF or fund included in your Vanguard Personal Investor Annual Tax Report.
Always use the individual investment rows in the detailed section, not the consolidated totals shown at the beginning of the report.
Remember, this is general information, not personal financial advice.