share capital gains tax schedule to spouse
AU TAX - Share Capital Gains Tax Schedule in Income Tax Return to another Income Tax Return (i.e. where 2 or more taxpayers own the asset).
This reduces doubling up on data entry and reduces errors when comparing the CGT Schedule in multiple taxpayers Income Tax Returns. Other software's such as MYOB AO and Handi Tax have the ability to share CGT Schedules with other taxpayers in the Individual Income Tax Return.
Also share the Low Value Pool Asset Schedule to another Income Tax Return when it relates to a Rental Property Schedule. Again, reducing the need for double entry into multiple tax returns.
Xero already shares Rental Property Schedules between taxpayers; we want the same for Capital Gains Tax Schedules and the Low Value Pool Schedules.
Renee Mobbs
shared this idea
Thanks for submitting your idea on Xero Product Ideas. We appreciate you taking time to let us know how we could improve Xero for you.
Your feedback will soon be reviewed by our Community team, and in the meantime this can begin to build support with votes from other community members.
If you're interested to see recent releases or get a pulse on what's coming soon see The Long and Short of it. 🙂