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3 results found

  1. Fixed Asset - Partial disposal of an asset

    386 votes

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    67 comments  ·  Reports & tax » Fixed Assets  ·  Admin →
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    Accepted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hey team, thanks for all your input on partial asset disposal.

    We understand that manually managing parts of an asset can be time-consuming. While we don't have plans at this time to develop a built-in feature, your feedback's really helpful in showing us where things could improve.

    For now, manual methods to calculate depreciation and record journal entries to keep things accurate would be the best option.

    However, this is a feature that we'd like to revisit as we plan our future roadmaps, and will be happy to share if there is any traction around this. Please keep sharing this idea with any colleagues you feel could benefit from this too.

    Felicity Coleman supported this idea  · 

  2. Personal Tax (UK) | Spouse link to automatically update joint income

    29 votes

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    5 comments  ·  Practice tools  ·  Admin →
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    Gaining Support  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi everyone, thanks for the continued engagement and support in this idea.

    While this is something we'll keep reviewing for Xero Tax(UK) there are no plans for adding spouse links right now.

    If there's any development planned for this in Xero Tax(UK) we'll be sure to share an update with you all, on this idea.

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    Felicity Coleman commented  · 

    This is a great idea! Would be very beneficial!

    Felicity Coleman supported this idea  · 

  3. Xero Tax (UK) | Automatic calculation of farmers averaging adjustment

    44 votes

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    9 comments  ·  Practice tools  ·  Admin →
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    Not in pipeline  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi everyone, we appreciate your interest and contributing to the idea here.

    While this is something our teams are keeping a close eye on, we want to be honest that for the time being we do not have any plans for developing automatic calculations for this with Xero Tax(UK).

    Atm, we're waiting to see how HMRC will support farmers averaging within MTD IT before making any plans to develop a solution within Xero. We will share if there are any updates surrounding this for you, here.

    Felicity Coleman supported this idea  ·