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6 results found
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50 votes
An error occurred while saving the comment Allisa Coltish supported this idea ·
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35 votes
An error occurred while saving the comment Allisa Coltish commented
In addition to Depreciation against Partnership income there should also be Depreciation against Trust Income. The Depreciation and Motor Vehicle Deduction schedules should also be available to integrate as deductions against Trust income
Allisa Coltish supported this idea ·
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291 votes
Hiya team, we had high hopes but unfortunately we've had to put plans for being able to copy & transfer the Capital Gains Tax(CGT) worksheet down for the intermediary.
We still intend to bring focus to this idea over the longer term but will shift this idea back to Submitted for now until we can begin active development. As soon as there's more word to share I'll be back with an update, here
Allisa Coltish supported this idea ·
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250 votes
Allisa Coltish supported this idea ·
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261 votes
Hi community, we're thankful for all your support and letting us know the importance of this idea to you in appropriately recording Fixed Assets in Xero.
As many will have experienced we've launched a new version of Fixed Assets to most regions with just a portion of AU left to receive this new experience. There's been lots of work from the team to develop this version all built on updated technology that'll enable growth in this space, overtime.
Currently, though we've done some initial discovery of what'd be required to build the capability to proportion assets depreciation for business and private use in all regions, this hasn't been currently planned for the short term.
For the time being, we'd recommend posting manual journals to record the private use apportionment of a Fixed Assets depreciation.
If you're using Fixed Assets in NZ it's possible to set up an asset and apportion…
Allisa Coltish supported this idea ·
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6 votes
Allisa Coltish shared this idea ·
Would love to be able to print the unlinked depreciation schedule with the tax return.