Paid module · built for EOFY
Tax & franking
The cash a fund pays you rarely equals the amount you are taxed on. Underly organises every component of your year-end statements and maps each one to the exact ATO label.
Tax module
$29/year
Organise every statement, map each component to its ATO label, and see the franking summary across your funds, ready before you file.
Free to start. You'll need an account before you can add a module.
How a statement is read
Three readings, and none of them is the last word.
Add the statement your fund sent you
A PDF or CSV up to 10 MB. It is encrypted before it is stored, and erased when you ask or when its retention period ends.
It is read three separate ways
A rule-based reading of the statement's own text, and two models that never see each other's answer. Agreement across those different kinds of reader is what makes a figure high confidence.
You confirm every figure, then export
Where the readings disagreed the amount stays blank until you settle it. What you confirm becomes an ATO label worksheet your tax agent can work from, pinned to the 2026 income year's labels.
What you get
What the module covers
- Everything in Free
- AMMA / tax-statement organiser
- Components mapped to exact ATO labels
- Franking-credit summary across funds
- Franked-income forecast (basic)
- Export a tidy summary for your accountant
Where the line is
A figure two readings disagreed about is given no value at all until you pick one, and we flag a statement nothing could read mechanically instead of showing you confidence we have not earned.
Nothing counts until you have confirmed it. The franking summary and every export count confirmed statements only, and tell you how many they are leaving out.
What your statement is saying
All guidesYour AMMA statement, explained
An AMMA statement is the annual tax statement most Australian ETFs send their investors. It is written for a tax return rather than for a reader.
Franking credits explained
A franking credit is the record of Australian company tax already paid on the profit behind a dividend. It follows the dividend to whoever receives it.
ETFs in an SMSF: the rules and the paperwork
An SMSF trustee holding ETFs takes on a documentation job as well as an investment one. This is what the rules require and what each fund produces every year.
Source: ATO individual tax return instructions (Australian Taxation Office) · How we source our data · Label definitions checked against the current income year's instructions.
Underly organises information from your statements · General information only, not financial or tax advice