Xero Tax(NZ) - Losses carried forward
Losses carried forward have to be manually entered into XPM tax each year. It would be great if the information flowed through automatically from the tax return so that all we have to do is confirm it matches the IRD assessment. At a minimum it would be great if the losses to carry forward figure from 2023 automatically rolled forward to 2024 once it has been confirmed.
Yonita Pyke
shared this idea
-
Julia Craig
commented
In the 2023 IR4 returns, we would like to have print on the Tax Statement, the Losses Brought Forward. (It was also an issue with the 2023 IR6, but has since been resolved)
I've been told that if there aren't any losses claimed, or there are further losses to add, the BFWD balance won't print.
The balance at the bottom of the Statement to Carry Forward to next year, does print with the correct balance.