Xero Tax (AU) | Tax Estimate - Deceased Estate
Xero gave us a tax estimate for deceased estates (but only within the first three years...), and on my very first trial of this new feature ran into a roadblock - I cannot find anywhere to input the PAYG Instalments paid by the deceased estate, therefore the estimate is inaccurate.
28
votes
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Gayle Prowse
commented
Providing an estimate is fundamental.
What is the point providing an estimate when it is inaccurate? Xero is only using trust marginal rates. A deceased estate that receives a superannuation lump sum death benefit with a taxed element should only be taxed at 15%. Xero's suggestion to me was to use a PDF editor to correct the estimate. Not good enough! -
Ken Grimes
commented
Can important areas like this be addressed asap