Xero Tax (UK) - Link between personal and partnership tax to import individual partner profits into personal tax
It would be useful to be able to automatically import the individual partner profits from partnership tax directly in the partnership schedule within personal tax. This would increase efficiency and reduce the likelihood of errors.
Luke Tattersall
shared this idea
Thanks for sharing your idea, and letting us know the changes that matter most for you. We appreciate you sharing how a direct link between partnership and personal tax returns could support your workflow. This idea is now in Gaining support status, which means our community team have reviewed it and it's open for community support through votes and comments. We'd love to hear from others about how this could benefit your practice, so please continue to share your feedback and vote if this resonates with you.
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gillian caughey
commented
I agree with Roger below. this is a basic reason for using Xero Tax for a partnership. get the info from Xero for the partnership return and then it feeds into the individual partners' self assessment. We have the partners as clients in Xero and they are linked to the partnership - I was very surprised that it didnt then flow into the individual returns.
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Roger Child
commented
This is such a basic point that I cannot understand why it has not been done.