Settings and activity
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250 votes
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,…
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Stuart Mann
supported this idea
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Given the monthly cost, having the ability to see and review your corporation tax liability is simply an addition that should be made.
Other free services such as FreeAgent do this, and whilst perhaps not as user friendly, I see no reason why you would pay a subscription and not have this facility to at least display the liability when running such reports as profit & loss.
Xero are missing a trick here and damaging relationships and kudos.