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1. Xero Tax (UK) - Make available to businesses, not only to Partners

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   132 comments  ·  Practice tools  ·  delete…  ·  Admin →
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   In development  ·  AdminKelly Munro (Community Manager, Xero) responded

   Hi everyone, we've got a bit of an update we'd like to share with you all here.

   Some of you may have already seen, following the closure of CATO, we’re launching a new simple accounts production & tax solution for small businesses. This'll be available as a paid annual add-on from August 2026.

   With this solution you’ll be able to file your micro company accounts and corporation tax returns directly to HMRC from inside Xero, using data from your organisation in one simple flow.

   The feature doesn’t replace the more powerful, flexible tools you use with your accountant or bookkeeper. If your advisor files on your behalf, nothing changes.

   This solution is for small business owners handling their own corporation tax, this means less time wrestling with separate tools and a simpler, more streamlined way to stay compliant.

   If your tax needs get more complicated or you need more support, we encourage you to use our Advisor directory to connect with an advisor.

   Hi everyone, we've got a bit of an update we'd like to share with you all here.

   Some of you may have already seen, following the closure of CATO, we’re launching a new simple accounts production & tax solution for small businesses. This'll be available as a paid annual add-on from August 2026.

   With this solution you’ll be able to file your micro company accounts and corporation tax returns directly to HMRC from inside Xero, using data from your organisation in one simple flow.

   The feature doesn’t replace the more powerful, flexible tools you use with your accountant or bookkeeper. If your advisor files on your behalf, nothing changes.

   This solution is for small business owners handling their own corporation tax, this means less time wrestling with separate tools and a simpler, more streamlined way to stay compliant.

   If your tax needs get more complicated or you need more support,… more

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   Michael Hoy commented  ·  07 April, 2023  ·  Edit…  ·  delete…

   I agree with everyone’s comments below. I understand that Xero would want to support its partners with an income stream, but for micro / small companies that can’t file using HMRC offering (eg investment companies) or startups with minimal income, it seems unfair to have to employ external bookkeepers or accountants who may even be less qualified than an in-house accountant. The liability for the return’s accuracy rests with the target anyway (who has to approve it) so it seems a potentially unnecessary step. By all means include a disclaimer in the software, but please let us be the judge of whether we know what we are doing!

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   Michael Hoy supported this idea  ·  07 April, 2023