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  1. AU Tax - Withholding tax on interest income for foreign resident entities

    4 votes

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    2 comments  ·  For small businesses » Accounting features  ·  Admin →
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    Gaining Support  ·  AdminDavina Roper (Admin, Xero) responded

    🌟 Thanks for sharing your feedback on this idea. We appreciate the time taken to do so. The community team has reviewed this idea and moved it to Gaining Support. This means the idea is now open for community support through votes and comments. If this could benefit your workflow, please add your vote and share any extra context about how you’re currently managing this process—your input helps us understand the broader impact and priority of ideas like this one. 🌟

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    Louie Bagherloei commented  · 

    Currently there is no function in XPM to calculate the tax payable on the interest paid to a foreign resident. This causes the tax calculations not be correct.

    Louie Bagherloei supported this idea  ·