Settings and activity
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197 votes
Hi everyone, thank you for your continued input and feedback through this idea. Since my last update as some may have seen we have announced a new plan Xero Simple designed to support non VAT registered sole traders and landlords, as they prepare for the next phase of Making Tax Digital. And, that MTD IT will be available for all Xero business plans - see more on my update here.
While we understand the desire from small businesses in Xero Tax for the UK, our intention is for this to remain a Partner only feature. We'd highly recommend connecting with a Xero adviser if this is a tool you'd like to make use of.
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Joanne Cobbold
commented
I am a certified accountant working in industry who prepares their own accounts. I love Xero, but to have to use different software to prepare the accounts is not efficient.
Other software has the ability to file accounts and tax returns without using an accountant, why not Xero.
Joanne Cobbold
supported this idea
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I find it difficult to understand how Xero can provide the ability to file for MTD for IT but not for Limited companies to meet their statutory filing requirements.
My husband has a Limited company and I have a job elsewhere, but I am a qualified accountant, I have previously filed the accounts using HMRC Gateway and been ok with this, but HMRC now has a notification saying that this will not be available from 31 March 2026.
I really like how Xero works for record keeping, reports & payments, etc, but it should be more than this for a Limited company, many of which employ qualified accountants. I find it difficult to understand why it does not have the ability to file statutory accounts, ixbrl and a corporation tax return to the company paying for the software. As an up to date qualified accountant I cannot see why I would be expected by my software provider to engage and pay for a Xero Partner to do this for when when they are not asking MTD income tax cases to do the same. I thought that from going to Xerocon in the past, Xero tax came about via an acquisition of a company that provided the software for Limited companies to file their statutory accounts and corporation tax return but now Xero have acquired that company the facility is only open to Xero Partners.
If legislation does not require that the accounts and corporation tax are submitted by a practicing accountant (just like IT MTD), why is this a requirement for companies. I have previously used the HMRC facility to file, but with this being no longer available from 31 March 2026 I am going to have to look for software that will file the accounts and CT600, or look at alternative software but I really like Xero for every other aspect .