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  1. AU Tax- Ability to calculate the number of days not liable for the medicare levy surcharge

    75 votes

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    submitted  ·  6 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Vikram Teva Raj commented  · 

    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.

  2. AU Tax: CGT - Option to copy and transfer

    250 votes

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    23 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    under review  ·  AdminKelly Munro (Community Manager, Xero) responded

    Heya everyone, thanks for your input to Product Ideas and letting us know the value of the CGT worksheet for you.

    We're going to move this idea to Under Review as this is something the team have planned over the next 12 months. There are a few other pieces of work lined up before this, so we'll share news when this progresses. Thanks

    Vikram Teva Raj supported this idea  ·