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  1. Business Activity Statement - Calculate Wine Equalisation Tax (WET) in AU

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    27 comments  ·  For small businesses » Contacts & communication  ·  Admin →
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    Gaining Support  ·  AdminKelly Munro (Community Manager, Xero) responded

    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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    Natasha Webster commented  · 

    Unbelievable that it is not included when comparable products like MYOB do calculate WET. I came to Xero because I was told how user friendly it was for non-accounting folk but having to calculate WET externally is useless.
    New financial year…I’m going elsewhere.