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  1. VAT - Automatically calculate VAT using the Marginal Scheme

    62 votes

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    22 comments  ·  Reports & tax » Tax filing  ·  Admin →
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    Not in pipeline  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi team, thanks for the support and interest this idea has gained. Though we appreciate the value auto calculating VAT using the marginal scheme would be for those that need it, we want to be transparent here that this isn't in our roadmap.

    Currently, it's possible to adjust VAT on invoices and credit notes - If you set the transaction to Amounts are 'Tax exclusive' and make sure the Tax Amount column is shown you'll be able to click into this field and edit the amount as needed for each line of your invoice - we have more detail on this in Xero Central.

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    Christian Somerville commented  · 

    Do we know if there is anything specifically for Margin Scheme from Xero in the pipeline as an update?

    Christian Somerville supported this idea  · 

  2. Overpayments - Create Overpayments with Tax on for cash basis VAT

    12 votes

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    submitted  ·  1 comment  ·  Banking & chart of accounts » Reconciliation  ·  Admin →
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    Christian Somerville supported this idea  ·