Settings and activity
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4 votes
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Vineet Agarwal
supported this idea
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248 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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Vineet Agarwal
commented
Most other softwares offer the option to file directly with Companies House and HMRC. Xero has that system but only gives it to accountants. Why not let users have that option too? Why do we need to hire an Acccountant to file the accounts when we are paying a subscription to XERO already and can do it ourselves?
Vineet Agarwal
supported this idea
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Users should be able to Export Reports in iXBRL Format to file with Companies House and HMRC Directly