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  1. Xero Tax(NZ) - Losses carried forward

    116 votes

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    11 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    In development  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi team, back to share an update as work progresses. 😊

    Our team are in active development of 2025 (and future years) tax returns to provide pre-population of loss balances bought forward. We'll also provide warning on the return where data differs from that received from IR.

    I'll loop back again as we roll this out, along with further details of the change. Thanks!

    Julia Craig supported this idea  · 
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    Julia Craig commented  · 

    In the 2023 IR4 returns, we would like to have print on the Tax Statement, the Losses Brought Forward. (It was also an issue with the 2023 IR6, but has since been resolved)
    I've been told that if there aren't any losses claimed, or there are further losses to add, the BFWD balance won't print.
    The balance at the bottom of the Statement to Carry Forward to next year, does print with the correct balance.

  2. NZ Tax - Add barcode/link to barcode in client tax letters

    23 votes

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    2 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    submitted  ·  AdminKelly Munro (Community Manager, Xero) responded

    Appreciate the meaning behind this idea to you all. 

    This is something we'd like to continue to track on the site here, however to upfront in order to generate the barcode there's work that'd need to be done on IRD's end to enable this. 

    We've reached out to engage them on this, but there is no immediate plans from our end, at this time. 

    Julia Craig supported this idea  ·