Homepage - Show Current/Actual VAT liability
Similar to other "snapshots" available on the Dashboard, for any VAT registered business it is important to know liabilities at the click of a button. Please can Xero support look into an "add-on" for VAT liability total shown on the dashboard
Hi everyone, thanks for continuing to share how useful it'd be to see your VAT position at a glance. We’re currently working on enhancements to the VAT widget on the Homepage of UK organisations to provide visibility of VAT building up in the current period, plus the amount to pay or reclaim on due returns.
We’ll share our next update as these changes are rolled out.
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Lynn Gaudiosi
commented
Current Quarter/month VAT liability widget on the dashboard would be a very useful tool. I second 'the sooner the better' sentiment.
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Laura Higgins
commented
This would be a very useful tool to see current VAT liability and deadlines on the homepage
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Tim Hamilton
commented
Very useful function.The sooner the better.
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Paul Grimshaw
commented
Please add this to the API too at the same time. The effort to obtain a current VAT liability by adding HMRC API to an app, and then summing with xero, and checking payments etc is excessive. Simple providing this via xero would be very easy as you're adding this in the dash here.
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Michael Ellis
commented
This is an essential feature and it is amazing that it is absent. Please can you create a solution for this ASAP. [It doesn't seem that difficult to me and it could even be an estimate or forecase and marked as such]
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Michaela Hippey
commented
This would be invaluable for clients.
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Lewis Hunt
commented
For any registered business or self employed owners it is important to monitor realtime tax liabilities at the click of a button or at a glance to avoid shock tax bills at the end of each quarter. For any business this is imperative. I'm amazed when so many other accounting providers do this, Xero who aims to be a leader in the industry, is still failing to do so.
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Samantha Mitchell
commented
VAT widget on the dashboard?
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Ian Threlfall
commented
I would absolutely love to have this. I have come from Kashfow and this was always super useful to be able to see my quarter VAT liability right on my Dashboard.
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Charl Fourie
commented
Similar to other "snapshots" available on the Xero Dashboard, for any registered business or self employed owners it is important to monitor realtime tax liabilities at the click of a button or at a glance to avoid shock tax bills at year end.
As seen in image attached; Currently other accounting software providers do this already in calculating sales made and expenses claimed, matched against HMRC set tax rates for corporation tax, VAT, PAYE/NIC and flat rate income to give a realtime £ figure of exposure on each tax that goes up and down with business activities in realtime.
Please can Xero support look into an "add-on" for realtime TAX liabilities totals, to be shown on the dashboard.
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Charl Fourie
commented
Similar to other "snapshots" available on the Xero Dashboard, for any registered business or self employed owners it is important to monitor realtime tax liabilities at the click of a button or at a glance to avoid shock tax bills.
As seen in image attached; Currently other accounting software providers do this already in calculating sales made and expenses claimed, matched against HMRC set tax rates for corporation tax, VAT, PAYE/NIC and flat rate income to give a realtime £ figure of exposure on each tax that goes up and down with business activities in realtime.
Please can Xero support look into an "add-on" for realtime TAX liabilities totals, to be shown on the dashboard.
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Sarah Gratton
commented
This would be extremely helpful, especially for businesses dealing with reverse charged VAT etc
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Michaela Hippey
commented
It would be really good if the VAT projection shown on the Analytics Cash Flow page was available on the dashboard and also in the app.
Many of our clients use the app in preference to via a browser and this would be very beneficial -
Linda Neal
commented
I had the very same idea. It makes sense that your current VAT liability should be included on the VAT RETURN box on the dashboard, not just the date of when your next return is due.