Tax Returns for Individuals – Part 1 – Zero to Mini Hero 2025
By Lisa Greig
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2h 12m CPD time
This unit covers topics specific to individuals, including certain income & deductions, Medicare, spouse disclosures and more.
Includes tax return demo on Xero Tax.
In this unit, we cover:
Using prefill and other ATO reports & information
Specific income for individuals, including:
Wages and PAYG Withholding
Influencers and side hustles
Specific deductions for individuals, including:
Work-related expenses
Cost of managing tax affairs
Superannuation - personal concessional contributions
Medicare Levy & Medicare Levy Surcharge (MLS)
Preparation of income tax returns using case study