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131 votes
Hi everyone, we appreciate how auto calculating Medicare Levy Surcharge (MLS) exempt days would help save time and reduce errors.
While our product team has reviewed this idea, and it's something we have intentions to solve in the long terms this is not roadmapped at this time.
This is something we'll continue to assess as we plan for the future of Xero tax so I'll share as soon as there are any updates on this, here. Thanks
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336 votes
Hi everyone, we'd like to share an update that this idea is back on the teams roadmap as they begin to look into this work again.
Atm, we can't set any timeframes but will stay close to share the latest news around this with you all on this idea. Thanks
Vikram Teva Raj
supported this idea
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The medicare levy surcharge is already estimated in the Estimate page of the Individual Tax Return. However, if the client receives a high reportable fringe benefit in one year, it is currently extremely easy to end up having the client sign for a significantly lower tax bill than after the Medicare Levy Surcharge is tacked on by the ATO. I feel having the medicare levy surcharge be automatically applied based on the calculated Income for Surcharge Purposes would really improve the Xero Tax experience and improve accountants' service overall.