Xero Tax(AU) - Ability to create early Tax Returns for companies who switch from Financial Year to Calendar year
One should be able to create tax returns for Companies that switched their Financials years to calendar year, to avoid late lodgements. For Example, for the companies whose financial year is 1 Jan,2022 to 31 Dec,2022, need to wait till Jun 2023 to file their tax returns
Pooja Vishwakarma
shared this idea
Hi team, apologies we did not update this idea sooner. I am pleased to confirm that we delivered future year company tax returns in April last year (2025), solving for the needs represented in this idea. While it's taken us a while to share a post here I'd like you to know that feedback from you here and a few others ideas in the forums was really valuable to our teams implementation of this. Thanks again and see our article on Xero Central to read up more on future year returns in Xero Tax.
-
Brian Greenacre
commented
Extremely useful
-
Cindy Cheng
commented
Would be nice if we can prepare early company tax returns for entities with substituted accounting periods, rather than have to wait until the regular year end software release