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

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    35 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.

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    Jake Sheedy commented  · 

    Having to hack together workarounds adds unnecessary complexity and increases the chance of compliance issues.

    When comparing with other software providers, Xero is lagging behind here, and it's disappointing given how advanced the system is in other areas.

    Really hope this gets the attention it deserves — WET functionality should be a standard feature, not an afterthought.

    Jake Sheedy supported this idea  ·