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Investment Boost Report for new IR10 Requirements.

It would be great if there could be an investment boost report that could be printed out to help isolate what assets have had this boost applied so the new IR10 requirement can be easily reported on. Or even if that column could be added to the existing Fixed Asset report to add in.

IR10 requirement - Businesses must now record the total value of assets they have claimed Investment Boost for in Box 60 ‘Total value of Investment Boost asset(s) being claimed’.

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Fern Sutherland shared this idea  ·   ·  Report…  ·  Admin →
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  • Shirley Liu commented  ·   ·  Report

    A column in Depreciation Schedule will be very helpful - will eliminate time spent to run extra report as workpaper to support the IR10 requirement.

    Also, could we please add the Investment Boost notes to the Report Template for Financial Statements and Notes to the Financial Statements?

  • Maree Morgan commented  ·   ·  Report

    We are able to do this manually by filtering the description by Investment Boost on the depreciation transactions for the reporting period per the attached example, but it would be good to have a report that removes this manual process.

  • Tina Heelas commented  ·   ·  Report

    Yes, definitely need this as part of the Depreciation schedule. I just reviewed a tax return that hadn't picked up all the Investment Boost items for the IR10 key point. So had to drill into every new asset to check which ones should be included.

  • Maree Morgan commented  ·   ·  Report

    I agree that this report would be a crucial addition to the reports that are available in Xero. It would help us to isolate the investment boost claim in a given year and verify the amount that automatically populates at key point 60 of the IR10; if this key point can be automatically populated, there must be something going on the background that could be used to generate a report.

  • Christine Dearness commented  ·   ·  Report

    This is a new IR10 requirement for the 2026 year, will be very useful to have a report showing what is required in the IR10. An additional column in the Fixed asset report would also be very useful per asset.

  • Barbara Johnstone commented  ·   ·  Report

    I fully support this suggestion. We use Xero to crate our Financial Reports electronically. It's frustrating having to do manual calculations for the Boost, when a report out of Xero could save us all a lot of time.

  • Ryan Trethewey commented  ·   ·  Report

    Absolutely necessary under new IR10 reporting requirements. No one wants to spend time manually adding up the figure for box 60 when the info is there in the system for Xero to produce a report.

  • Steven Ray commented  ·   ·  Report

    Thanks for this smart suggestion—having a printable “Investment Boost Report” or an extra column on the Fixed Asset report would save serious time when filling out Box 60 on the IR10.

    I’ll pass this along to the dev team. In the meantime, anyone tracking asset-level boosts might find the same kind of clarity useful when modding setups like truckers of europe 3 mod 0.7.5 https://truckersofeuropemodi.com/ clear data visibility matters whether you’re managing tax or fine-tuning your rig.

  • Christy Chapman commented  ·   ·  Report

    Will be necessary for completing IR10's under the new IRD requirements