| Error Code | Long Description | Recommended Action |
|---|---|---|
| VR.ATO.SMSFAR.437195 | The Tax File Number (TFN) provided for the Trust Income Schedule must be the same as the TFN of the parent form (i.e. SMSF or Trust) and must be a valid TFN | Review Tax File Number of the entity at the Fund > Fund details page and compare with the Trust Income Schedule. If there is a discrepancy please rollback the tax finalisation and reprocess again |
| VR.ATO.DISTBENTRT.000002 | Australian Business Number is invalid and must pass the ABN algorithm check. | Review the ABN of the Distributing Trust (the investment from where the entity is deriving distribution income) to make sure it is a valid ABN |
| VR.ATO.DISTBENTRT.000015 | Australian Company Number is invalid and must pass the ACN algorithm check. | Review the ACN of the Distributing Trust (the investment from where the entity is deriving distribution income) to make sure it is a valid ACN |
| VR.ATO.DISTBENTRT.000003 | Non-individual name field cannot start with 'T/A' and end with 'Pship', 'P'ship or 'P/Ship' | Review the Name of the Distributing Trust as it cannot start with 'T/A' and end with 'Pship', 'P'ship or 'P/Ship' |
| VR.ATO.DISTBENTRT.000004 | Organisation name must contain at least one alpha or numeric character | Review the Name of the Distributing Trust as it must contain at least one alpha or numeric character |
| VR.ATO.DISTBENTRT.000008 | Non Individual Name cannot end with "T/A", "T/A P'ship", "T/A Pship", "T/A P/Ship" or "T/A Partnership" | Review the Name of the Distributing Trust as it cannot end with "T/A", "T/A P'ship", "T/A Pship", "T/A P/Ship" or "T/A Partnership" |
| VR.ATO.DISTBENTRT.000009 | Where credit for tax withheld - foreign resident withholding (excluding capital gains) is greater than zero, then there must be Primary production or Non-primary production income or franked distributions amount against the beneficiary |
Review credit for tax withheld - foreign resident withholding (excluding capital gains) (label L). If label L is greater than zero, then there must be a value at either share of income - primary (label A) or non-primary production (label B) or Franked distributions (label U) |
| VR.ATO.DISTBENTRT.000010 |
If an amount greater than zero is present at 'Credit for tax withheld where ABN not quoted' against a Statement of Distribution, then there must be Primary production or Non-primary production income or franked distributions amount against the beneficiary |
Review Credit for tax withheld where ABN not quoted' (label C). If label C is greater than zero, then there must be a value at either share of income - primary (label A) or non-primary production (label B) or Franked distributions (label U) |
| VR.ATO.DISTBENTRT.000011 |
Capital gains amount is incorrect.
|
Review all Capital gains amounts. Capital gains (label F) must be within +/- $5 of the total of Gross capital gain (label F1) minus the sum of Capital losses applied (label F2), CGT discounts applied (label F3) and CGT small business concessions applied (label F4). |
| VR.ATO.DISTBENTRT.000012 | Foreign income tax offsets are greater than zero in distribution statement and there is no Attributed foreign income or Other assessable foreign source income. |
Review Foreign income tax offsets (label I). If label I is greater than zero, then there must be a value at Attributed foreign income (label G) or Other assessable foreign source income (label H) |
| VR.ATO.DISTBENTRT.000013 | If value is included in Name of distributing trust field, then an amount must be included at Primary production (PP) or non PP income or Franked distributions or Franking credit or TFN amounts withheld or Australian franking credit from a NZ franking company or Capital gains or Share of credit for foreign resident capital gains withholding amounts or Attributed foreign income or Other assessable foreign source income or Foreign income tax offset for each beneficiary listed in the distribution statement. | If value is included in Name of distributing trust field, then there must be a value at Primary production (PP) (label A) or Non PP income (label B), or Franked distributions (label U) or Franking credit (label D) or TFN amounts withheld (label E), or Australian franking credit from a NZ franking company (label N), or Capital gains (label F), or Share of credit for foreign resident capital gains withholding amounts (label Z) or Attributed foreign income (label G) or Other assessable foreign source income (label H) or Foreign income tax offset (label I) in the distribution statement. |
| VR.ATO.DISTBENTRT.000014 | Franking credit or TFN amount withheld is present in the distribution statement and there is no non-primary production income amount or franked distributions amount. Zero is acceptable when there is an overall trust loss. | Review Franking credit (label D) and TFN amount withheld (label E). If label D or label E greater than zero then there must be a value at Non-primary production income (label B) or Franked distributions (label U) |