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Business Activity Statement - Calculate Wine Equalisation Tax (WET) in AU

Ability to calculate Wine Equalisation Tax in Australia.

Purpose: To easily comply with transactiona tax requirements in Australia

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AdminXero Team (Admin, Xero) shared this idea  ·   ·  Report…  ·  Admin →
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Gaining Support  ·  AdminKelly Munro (Community Manager, Xero) responded  · 

Hi community, I know it's been some time since our last update here. Though we're continuing to follow and track the interest in automatic calculation of wine equalisation tax within Xero, for the time being this isn't something we've planned.

As some may have received detail from our support team on there is a way we suggest you can record your WET liabilities and credits within Xero - See our post on this discussion for the detail. Alternatively, there are app partners you could explore on the Xero app store.

If there are any changes around this we will be back to share with you all on this idea.

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  • Saul Wende commented  ·   ·  Report

    Hi Kelly,
    Your response reads as a massive FU to anyone involved in the wine industry, and it’s not at all helpful.
    Please let your sales and marketing team know that the only people commenting on this thread are those in the wine industry that made the mistake of signing up to Xero. Imagine how many additional clients Xero could pick up if someone in the dev team was given the time to add this functionality.

  • Paul Smart commented  ·   ·  Report

    #HackThePlanet!

    Dudes, what are you doin?!

    We need to get Zero Cool, Crash Override, Acid Burn & Cerel Killer on to the case. If they could hack The Gibson with dial-up phones, 16-bit graphics and RISC chips, I am sure in this day, we could fix a little thing like WET calculation within Xero...

  • Matthew Kingsley Shaw commented  ·   ·  Report

    Yeah couldn't agree more with Sarah's comment. With the price of a subscription going up all the time and Xero clearly having no interest in providing a proper solution, I am going to look elsewhere for my accounting software. Xero is great in general, but the cost doesn't match the utility for a small wine business I don't think.

  • Sarah Courtney commented  ·   ·  Report

    Hi Kelly - this is a critical oversight in Xero's capability. I know there is a work-around, but it's time consuming, opens users to error and adds confusion to those receiving invoices.
    Please Xero! This is one the small operators are desperate for.

  • Pamela Nuttall commented  ·   ·  Report

    Please add a way to calculate, itemise WET for invoices and make it easy to lodge BAS! It's critical for our business.

  • Sarah Courtney commented  ·   ·  Report

    Hi there - agree with the strong sentiment of others. We are paying increased subscription fees each year, yet this is pretty basic functionality for thousands of wine businesses across Australia.

  • Laura Lawson commented  ·   ·  Report

    Please add a way to calculate, itemise WET for invoices and make it easy to lodge BAS! It's critical for our business.

  • Lucinda Runnalls commented  ·   ·  Report

    Please add a way to calculate, itemise WET for invoices and make it easy to lodge BAS! It's critical for our business.

  • Phillip James commented  ·   ·  Report

    Incorporating WET functionality to Tax Rates and BAS would be idea to increasing productivity in Xero.

  • Belinda Harvey commented  ·   ·  Report

    It's disappointing and frustrating that this still hasn't been done. It makes accounting for a wine business more challenging that it needs to be.

  • Kaylee Toze commented  ·   ·  Report

    It's time to act please Xero. If your competition can do it, so can you.

  • Kate Baker commented  ·   ·  Report

    Please include a way to present WET and GST in a single line transaction in invoices. The work around including WET as a separate line makes the invoices confusing for our customers (so it is not only Xero customers who are being inconvenienced by the lack of support for this feature, but also anyone receiving a wine/cider invoice generated through Xero). MYOB does it better...

  • James Manners commented  ·   ·  Report

    And yet we keep receiving emails about subscription increases for cloud based accounting....?
    Not providing a tool essential to Australian Tax Law in the wine sector should really see a discount.

  • Peggy Pemberton commented  ·   ·  Report

    Please improve this if you appreciate Australian wine and respect it's industries

  • Matthew Kingsley Shaw commented  ·   ·  Report

    I like everything about Xero except for the lack of this. I have two buisnesses that deal with WET and am going to evaluate my options come new financial year due to the extra complications and lack of clarity on invoices for end consumer.

  • Sue Hill commented  ·   ·  Report

    Would save a heap of time and fiddly work arounds!

  • Penny Hart commented  ·   ·  Report

    Please, please can you include WET (wine equalisation tax) to make accounting easier for wine & beverage producers in Australia.
    There are many wine & other producers that are very frustrated that this platform doesn't include & so use other accounting software.

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