Settings and activity
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133 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
Luke Woolley
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70 votes
An error occurred while saving the comment Luke Woolley
commented
The comments below summarise this well. (simple) function is needed. Why not?
Luke Woolley
supported this idea
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61 votes
Appreciate the conversations here. The other idea linked in this conversation that we delivered on was the ability for information to flow from the Trust Return(TRT) to Individual Returns(ITR) which is facilitated with the Trust Income Schedule.
We appreciate wanting to see further improvement in this space, and this is something we have intentions of looking at in the future, however we don’t have any timeframe right now. I’ll be sure to share any news with you all here.
An error occurred while saving the comment Luke Woolley
commented
MYOB does it beautifully, would have thought this was a core function in Xero.
Luke Woolley
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73 votesLuke Woolley
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25 votesLuke Woolley
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59 votes
Appreciate you'd like to add more detail for assets within a pool.
Atm, we don't have direct plans for developing this, however we'll continue to track interest here, so keep adding your support.
Luke Woolley
supported this idea
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Not calculating MLS for a part-year spousal change? I don't consider this to be a 'complex' or unusual situation. MYOB handled this just fine.
Surely a worksheet is not out of the question.
This shouldn't be a feature, it is part of what underpins what we do - calculating taxpayers tax obligations. Given there has been a few years since the first post on this I guess nothing will happen.