Tax Returns for Individuals - Part 2 - Zero to Mini Hero 2026

Discover key elements in individual tax returns, from income and deductions to Medicare, spouse disclosures and more.

Includes individual tax return demo on Xero Tax.

In this session, we cover:

• Tax Offsets & Supplementary Questions

  • Seniors and pensioners tax offset (SAPTO)

• Medicare

  • Medicare levy reduction or exemption

  • “Dependant” and “Dependant child” for Medicare levy exemption or reduction

  • Medicare levy surcharge (MLS)

• Income Tests

  • Total reportable fringe benefits amounts (RFBA)

  • Net financial investment loss

  • Net rental property loss

  • Number of dependent children

  • Study and Training Support Loans information (HECS & HELP debt)

• Spouse details

• Preparing individual tax returns for Homer and Marge with case study documents and resources