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  1. Business Activity Statement - Calculate Wine Equalisation Tax (WET) in AU

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    35 comments  ·  For small businesses » Contacts & communication  ·  Admin →
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    Gaining Support  ·  AdminKelly Munro (Community Manager, Xero) responded

    Hi community, I know it's been some time since our last update here. Though we're continuing to follow and track the interest in automatic calculation of wine equalisation tax within Xero, for the time being this isn't something we've planned.

    As some may have received detail from our support team on there is a way we suggest you can record your WET liabilities and credits within Xero - See our post on this discussion for the detail. Alternatively, there are app partners you could explore on the Xero app store.

    If there are any changes around this we will be back to share with you all on this idea.

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    Alicia Basa commented  · 

    If my accountant didn't use Xero, I would have left years ago due to this issue. The fact your prices go up annually for 'features' I don't need, it's ridiculous that a legislated Australian tax rate is not yet part of Xero's system. The amount of time I have wasted trying to get WET to work is abhorrent. I am disappointed that after 13 years of waiting, you still haven't 'planned' on including WET. MYOB has it, why don't you?

    Alicia Basa supported this idea  ·