Australia/New Zealand

March 2026 Australia - Trust

This document outlines the final content changes included in this release. We recommend reviewing these changes to assess any potential impact on your existing data and business processes.
For any questions or further assistance regarding the Release Notes, do not hesitate to contact Support ANZ:
The following templates are scheduled to be deployed as part of the release.
  • AU Managed Fund Trust Tax 2025 - Version 1.148

Additional information

This section provides important information to help you get the most out of the latest release. Here, you’ll find helpful tips, details on any additional steps you may need to take after upgrading, and a list of known issues that may affect your experience. We recommend reviewing this section carefully to ensure a smooth transition.
Description
Raised
Reported
Solution available
All Printing
When changes are made to page breaks on upgrade it will not clear previous page breaks, to ensure to Printing correctly, please “Reset all Page Breaks” on the impacted sheets.
Page breaks can also be removed and added to deliver desired printing results.
N/A
N/A
AMIT schedule {RD}
IF AMIT schedule {RD} is inserted after AMIT tax return {RC} and then AMIT schedule {RD} is deleted the heading and statement name will not display.
Please View - Hidden Rows/Columns and update the name in #0 cell
Q1 2026
Q2 2026
International dealings schedule {RG}
When completing the International Dealings Schedule, it is important to be aware that there are discrepancies between the order presented in the Efiling rules and the instructions provided online by the ATO.
Appendix 10 on the ATO website outlines a sequence that differs from the official order used for Efiling.
This has been raised with the ATO.
2025
N/A

Managed Funds updates

AMIT Interim Distribution Calculation Process at a Fund Level (Year-to-Date Method)
When the entity is classified as an AMIT and utilizes the year-to-date method for calculating interim distributions, a specific workflow is followed to document and link the cash distribution amounts.
Cash Distribution Recording
The AMIT cash distribution summary {H1A} statement is used to record the cash distribution for the period. This summary captures the relevant current and interim cash distribution details for the AMIT entity.
Linking to Cash Section
The cash distribution amounts within the AMIT cash distribution summary {H1A} statement, flow through to the cash section within the h4B statement. This ensures proper integration and tracking of the distribution within the overall reporting structure.
Worksheet
Description
AMIT Cash Distribution summary {H1A}
The AMIT Cash Distribution summary statement is specifically designed to track the total interim cash distribution amount for the relevant period. Upon insertion, this statement not only captures the current distribution amounts but also applies the calculated year-to-date percentages for each distinct income category.
Tax data standard – data schema {H4B}
The interim cash amount determined from the AMIT cash distribution summary is allocated to the applicable interim distribution.
Other updates
Worksheet
Description
Multi-class distribution summary - YTD percentage {H6C}
This update introduces the following changes:
Included the total non – cash distribution amount for the interim distributions
Enhanced interim distribution formulas to support numeric class names.
Adjustment of the AMIT formula for improved calculation of interim cash distribution amounts.
Tax data standard – data schema {H4B}
The following areas within the statement have been updated:
Following the amendments in the Multi-class Distribution Summary - Year-to-Date Percentage {H6C}, the AMIT cost base distribution amounts are now being processed accordingly.
The interim gross distribution figures have been revised to show the correct value when the fund is a MIT and the year-to-date percentage is chosen.

This article applies to:

  • Product: ONESOURCE Corporate Tax