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    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,…

    Youssef Abouelnasr supported this idea  · 
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    Youssef Abouelnasr commented  · 

    Yes - we fully support this. We are happy with Xero as a product overall but in this area, we find it severely lacking. Seems to be designed to ensure we have to pay a Xero Partner to complete the return who I am sure has some deal with Xero.

    The only way around it for us is to hand fill a paper form and submit the form by paper to the ATO which is quite unreasonable in this day and age.