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Reports & tax

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Reports & tax

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35 results found

  1. Following the introduction to MTD for ITSA, we will be reporting a number of clients rental income to HMRC using Xero, which we previously did not. As a result of MTD for ITSA we will be preparing more Tax Returns using Xero Tax.

    It is currently not possible to import rental income & expenses, from a client's Xero account directly to Xero Tax (where as you can for sole trade businesses). Unfortunately these figures need to be typed in manually.

    Would it be possible to add this feature into Xero Tax?

    1 vote

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    0 comments  ·  Tax filing  ·  Admin →
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    Thanks for sharing your idea of importing rental income into the personal tax return.

    We've reviewed your idea and now it's up to the community to get behind and support it.

    It is worth noting that our MTD for IT functionality will include the option to include rental income/expenses and will utilise tracking categories to do this.

    Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.

  2. 4 votes

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    2 comments  ·  Tax filing  ·  Admin →
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    Thank you for your valuable feedback and for sharing this idea with us.

    Your suggestion is now open to the community! We encourage you to share it with colleagues who could benefit so they can vote to support it. Other members can also comment to add details on how this change would improve their Xero experience.

  3. As well as my self-employment, I received income through Employment that currently I cannot declare through Xero's MTD for Income Tax implementation, and therefore I cannot use Xero for filing. The addition of allowing me to declare income through Employment via Xero would allow me and others like me to do so.

    2 votes

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    Hi Oliver, thanks for sharing this idea. We appreciate you highlighting how important it is to declare employed income alongside self-employment income within Xero’s MTD for Income Tax implementation. Our product team is aware of this request and it’s on their radar as we assess future improvements. In the meantime, please add your vote and comments on this idea to help us understand demand across the community 🙂

  4. The "GST on expenses" and "no GST" sections of the GST report have contradicting signage - e.g.: expenses are a positive when there is GST but a negative when its under the "no GST" section. Can we keep it consistent in the report as its confusing to read/review.

    1 vote

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    Thanks for sharing your feedback on the GST report formatting and how the current approach can cause confusion when reviewing the transactions.

    We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!

    Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.

  5. It seems we can only class expenses within the profit & loss as staff costs or other charges. Ideally the breakdown should match the tax return.

    2 votes

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    Thanks for submitting your idea, Victoria.

    We've reviewed your idea and now it can gain support from other community members.

    Along with votes, others can now comment to share additional detail about how your idea could improve their experience with Xero.

  6. Please show the VAT number on the VAT page. At the moment either need to go via the Financial settings or drill into a VAT return to see the VAT registration number. Would be good if quickly visible on the VAT page

    2 votes

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    Thanks for sharing your idea with us, Rowan. We appreciate you taking the time to let us know what changes matter to you.

    We've reviewed your idea, and it's now open for the community to support.

    Other Xero users can now vote for your idea and add comments to share how it could enhance their own Xero experience.

  7. Proposal – Xero Expansion Strategy for Nepal

    Summary:
    Nepal presents a strong opportunity for Xero with its growing SME sector, increasing digital adoption, and government focus on VAT/TDS compliance. To succeed, Xero should focus on localization, affordability, and integrations.

    Key Recommendations:

    Localization – Automate VAT & TDS filing in government-approved formats, support NPR currency with NRB exchange rate sync, and offer bilingual (Nepali/English) invoices.

    Mobile-First Approach – Lightweight app with offline functionality, expense capture via SMS, and local-language notifications.

    Banking & Wallet Integration – Partner with leading Nepali banks (Nabil, NIC Asia, Global IME, etc.) and mobile wallets (eSewa, Khalti,…

    1 vote

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    0 comments  ·  Tax filing  ·  Admin →
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    Thanks for sharing your idea, and letting us know the changes that matter most for you.

    As you're possibly aware, Xero doesn't currently have specific features for Nepalese businesses, so for now we'd suggest using the Global edition.

    We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!

    Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.

  8. NZ GST returns - add multiple sorting
    Currently, I can only sort by one column. When I click on Account, the transactions are sorted by account name. But when I then click on Contact, the transactions are sorted by contact name, and the account names become unordered. It would be great if I could sort by multiple columns. For example, first by account, then by contact.

    1 vote

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    0 comments  ·  Tax filing  ·  Admin →
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    Thanks for letting us know about how this could be improved for you.

    We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit, so they can add their votes and comments about how they'd like to see this too!

  9. VAT summery report by catagory/box like the one in Sage which is a big help when you have resticted VAT on leasing, roundings, Import vat, VAT on legaland insurance claims etc so you can calculate what the full VAT is and agree the difference quickly without having to go through every single transaction

    2 votes

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    Thanks for sharing your idea of a VAT summary report and including an example of how this could look. We appreciate you sharing how this could help with VAT reconciliation when handling different VAT treatments.

    We've reviewed your idea and now it's up to the community to get behind and support it. Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!

    Along with votes, other members can now comment to share additional detail about how your idea could improve their experience with Xero.

  10. It would be extremely useful if we could view VAT on the dashboard of mobile phone app. Director only uses Xero on his phone so can never keep track of what VAT is due.

    4 votes

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    1 comment  ·  Tax filing  ·  Admin →
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    Thanks for your idea here, Sue. Understand how different details would be helpful for different users on the go through the Xero Accounting app.

    This isn't something we have plans for right now, but we'll continue to track the interest from your idea here.

  11. Activity statement line items can now be sorted in the Activity Statement report in Xero, which is great to be able to review transactions by Account Name, to group similar transactions. However, transactions do not keep this order when exported to CSV or PDF. If manually sorted by the user in the Activity Statement report, the exported report should keep the same sorting preferences.

    1 vote

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    Hi Luke! We're grateful for your engagement, and for clearly letting us know the changes that matter to you.

    Our Community have reviewed your idea and now it can gain support from other community members.

    Along with votes, others can now comment to share additional detail about how your idea could improve their experience with Xero.

  12. Create a tax code/rate which we can apply to interest income to withhold 10% tax for foreign resident entities and this amount is automatically populated to the Activity Statement at item W3.

    5 votes

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    2 comments  ·  Tax filing  ·  Admin →
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    🌟 Thanks for sharing your feedback on this idea. We appreciate the time taken to do so. The community team has reviewed this idea and moved it to Gaining Support. This means the idea is now open for community support through votes and comments. If this could benefit your workflow, please add your vote and share any extra context about how you’re currently managing this process—your input helps us understand the broader impact and priority of ideas like this one. 🌟

  13. We should be able to prepare and view future VAT returns where there are multiple unsubmitted returns. Ie. able to prepare multiple VAT returns for client approval at once. Currently, they have to be prepared and submitted before the next quarter's return is visible.

    3 votes

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    Hi, grateful for your engagement here community.

    Just a quick update that this idea is open for voting and comments from the wider community - please share your thoughts on how this would help you. We'll keep an eye on the support for this idea here.

    In the mean time, you may wish to use the “Looking to see VAT transactions for your own date range” option to run off reports for each return period, and then calculate the VAT from this report.

  14. Xero's Sales Tax Report doesn't recognize the great state of California's tax year: 7/1-6/30. Xero pull-downs only offer calendar-year options (1/1-12/31). So, we couldn't set up Sales Tax Report for largest state in the US. Please fix this. We can do it ad infinitum manually, but it seems that Xero could fix the problem. (Avalara could inform Xero if other US states also vary from a simple calendar Tax Year reporting.)

    1 vote

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    Appreciate you sharing your idea and why you'd find an automated date setting for California on the Sales Tax report helpful, Cheryl.

    Make sure you share your idea with any colleagues that this could benefit so they can add their vote too!

    We'll keep an eye on the traction this gets in the community, here. Thanks

  15. Ability to calculate Wine Equalisation Tax in Australia.

    Purpose: To easily comply with transactiona tax requirements in Australia

    76 votes

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    36 comments  ·  Tax filing  ·  Admin →
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    Hi community, I know it's been some time since our last update here. Though we're continuing to follow and track the interest in automatic calculation of wine equalisation tax within Xero, for the time being this isn't something we've planned.

    As some may have received detail from our support team on there is a way we suggest you can record your WET liabilities and credits within Xero - See our post on this discussion for the detail. Alternatively, there are app partners you could explore on the Xero app store.

    If there are any changes around this we will be back to share with you all on this idea.

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