Tax Returns for Individuals – Part 2 – Zero to Mini Hero 2025

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