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  1. Xero Tax - Allow manual allocation of R&D expenditure for long accounting periods

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    2 comments  ·  For accountants & bookkeepers » Xero Tax  ·  Admin →
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    Gaining Support  ·  AdminGeorgia Clarke (Admin, Xero) responded

    Grateful for your detailed suggestion for this idea, Jemma.

    We've slightly adjusted the title of the idea to allow other community members to easily find and support this idea.

    Along with votes, others can now comment to share additional detail about how your idea could improve their experience with Xero. We'll keep an eye on the engagement here.

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    Ryan Snape commented  · 

    This is really important. At present, companies in their first year who have a long period of account cannot use Xero to make a claim for R&D tax relief, as the R&D expenditure/corporation tax calculations cannot be aligned with the Additional Information Forms. More importantly, the way Xero Tax apportions the expenditure is not in line with tax legislation. Please can we make the suggested amendments without delay.

    Ryan Snape supported this idea  ·