EU / Spain Market Inclusivity for Tax purposes
I have been a user of Xero for almost 9 years. I find that xero is very intuitive and easy to use. However, I was surprised it was not as popular in EU / Spain despite this. At the moment, I'm doing a small project for a friend to produce reports for her and I opted to use Xero for the easy recording and tracking of transactions. However, I do find that the only reason we may not fully use this long term is because of the lack in its inclusivity of taxation settings for the EU / Spain market. For example, the invoices here are presented in a way that it shows IVA and IRPF clearly to be compliant to regulations. It would be wonderful if you could start accommodating the EU market more
Hi Irene, thanks for highlighting this opportunity for improvement.
We can see how native support for European and Spanish tax requirements could help businesses operating in those regions manage compliance more effectively.
For now, Xero already provides a few flexible tools you can use to adapt to local requirements:
- Custom tax rates to reflect regional VAT or withholding rules
- Advanced invoice templates to support local formatting and required legal fields
- Tracking categories to separate and report on regional activity
To help us assess this further, it would be useful to understand the specific tax forms, reporting requirements, or e-invoicing standards you're working with, and why Xero's current feature can't fill the gap.
I've updated the status of this idea to Feedback while we gather more detail to narrow down the specific ask for this idea.
If you're able to share more specifics about your use case, please add them below and I'll be happy to review this.