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PEXA is pleased to present PEXA Projects 7.5.0 (PoT), scheduled for business go live 15 March 2021.
We’ve streamlined the ATO form 1 lodgement process so that Proprietors on Title in PEXA Project can see if ATO form 1 has been lodged in PEXA Exchange.
The new GST Withholding column (Projects > Financials) displays the following statuses for GST Withholding:
Form 1 not lodged via PEXA and no GST line item created.
Form 1 not lodged via PEXA but GST line item created.
Form 1 lodged via PEXA and GST line item created.
To align with the new Land Tax category introduced in R13.1.1 PEXA Exchange, we have added a new Land Tax category to Bulk Upload Financials.
PEXA members will be able to select “QLD Land Tax” in the role of Proprietor on Title.
Is it possible to call it Form One instead of Form 1 as per the ATO (ATO call it Form One)? The Form 1 in SA is the vendors statement/cooling off document and it can be confusing.
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