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

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    27 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.

    Belinda Harvey supported this idea  · 
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    Belinda Harvey commented  · 

    It's disappointing and frustrating that this still hasn't been done. It makes accounting for a wine business more challenging that it needs to be.