Xero Tax (UK) | Company - Liquidation & Cessation Accounts and CT Returns
Please add the functionality to set a cessation of trade date for a company in liquidation or in the insolvency process to allow for accounts and corporation tax returns to be produced from the last year end to the date of cessation of trade/insolvency.
This will enable Accountants to produce these closing accounts and CT returns from HMRC and so offer a one stop shop and earn more revenue.
Wisdom Da Costa
shared this idea
Hi team, thanks for your feedback here. We recognise how important this capability is for practices managing company closures, and appreciate everyone who's explained the impact of not being able to prepare and file final accounts and Company Tax returns directly from Xero Tax.
While work isn't underway just yet this is on our team's roadmap. We’ll share further updates as this gets picked up.
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Peter Hewitt
commented
this is a critical requirement!