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291 votes
Hiya team, we had high hopes but unfortunately we've had to put plans for being able to copy & transfer the Capital Gains Tax(CGT) worksheet down for the intermediary.
We still intend to bring focus to this idea over the longer term but will shift this idea back to Submitted for now until we can begin active development. As soon as there's more word to share I'll be back with an update, here
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Irene Efstratiou
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112 votesIrene Efstratiou
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8 votes
An error occurred while saving the comment Irene Efstratiou
commented
Hi Xero Team,
It would be highly beneficial if Xero allowed users to record Capital Works Deductions directly in the Rental Schedule for Income Tax Returns (ITR). Currently, this critical aspect of rental property deductions has to be entered manually, which defeats the purpose of using accounting software to streamline and automate tax compliance.
Including this feature would:
- Improve accuracy and efficiency.
- Reduce manual effort and the risk of errors.
- Make Xero a more comprehensive tool for rental property management and tax preparation.Please consider implementing this functionality in future updates. It would significantly enhance the user experience for accountants and property owners alike.
Thank you for your consideration!
Irene Efstratiou
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10 votesIrene Efstratiou
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4 votesIrene Efstratiou
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7 votesIrene Efstratiou
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7 votesIrene Efstratiou
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It’s disappointing to hear this has been delayed — being able to copy and transfer the CGT worksheet feels like a basic function. It’s something we’ve come to expect, and it’s important that Xero continues to keep up with practical needs like this.
Looking forward to seeing progress on it when development picks back up.