NZ Tax - hold tax return until after P1
NZ Tax 50/50 split to automatically prevent INC return from filing before P1 date. When selecting 50/50 split in the XPM Statements area, the INC return automatically drops all P1 payment details from the Income Tax payment schedule. It also suppresses the P1 tax notice from XPM Payments area.
Can it also stop the filing of the Income Tax return until after the P1 due date, or put a warning in the Audit Check that 50/50 has been selected and the filing date is not set.
Sharon Julian
shared this idea
Hi Sharon, thanks for sharing your thoughts on NZ Tax filing controls. It’s really helpful to hear how automatic filing prevention could support your 50/50 split workflows.
At the moment, Xero Tax doesn’t automatically hold returns before P1, so timing still needs to be managed manually. Some practices choose to set a future Tax Return File Date in XPM, which delays filing until the date they’ve chosen, though we know this won’t suit every setup.
We’ve moved this idea to Gaining support, and it’s now open for the wider community to join the conversation. If you’re open to it, adding a little more detail about your workflow could help others see where this makes a difference.
For anyone else following along, we’d love to hear your experiences too. The more perspectives we gather, the better we can understand the need. Looking forward to seeing the discussion grow.
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Kathryn Pinkerton
commented
I think you just need to change the file date so it can't file earlier than you want:
Tax Return File Date
The file date is the date when Practice Manager files the signed return with Inland Revenue (IR). This field defaults to today's date, and the behavior is as follows:If you leave the default date unchanged, Practice Manager files the return as soon as it's signed.
If you enter a future date, Practice Manager holds the return once it's signed and files it on that specified date.
Ensure to set this date appropriately based on your filing needs.