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Tax - Multi-VAT tracking for EU companies

Ability to have multi-VAT tracking for EU companies.

Purpose: Because lots of companies in the UK are also registered VAT in other EU countries. So having this feature will make users easily calculate their tax.

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AdminXero Team (Admin, Xero) shared this idea  ·   ·  Report…  ·  Admin →
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  • Julie Clift-Thompson commented  ·   ·  Report

    Yes, yes, yes! We're considering moving away from Xero just because of the absence of multi region vat return submission!

    Please add this !

  • Nick Navarra commented  ·   ·  Report

    Hi Xero. It is insane that all tax codes get linked to the one GST account. Many companies these days operate in multiple jurisdictions or have GST/VAT reporting obligations in multiple countries. We are not talking about branch operations here so please don't suggest having a separate Xero file. What you need to do is allow each tax code to be linked to a specific account code (e.g Australian GST linked to account X, French VAT linked to account Y, etc). Having all these different VAT/GST amounts go to the one account is insane. Please fix - this cant be that hard (cringe, but MYOB have allowed this fore ever!).