Tax Compliance Basics – Part 1 – Zero to Mini Hero 2025

Start your journey with income tax fundamentals: income, deductions, tax offsets & more. Plus start on tax reconciliation basics!

In this unit, we cover:

• Introducing the tax system

• Income tax fundamentals

  • Income

  • Deductions

    • General deductions

    • Specific deductions

  • Capital gains

  • Tax credits/offsets

• Substantiation requirements

• Tax reconciliations

• Tax compliance process - typical workflow