Skip to content

Settings and activity

1 result found

  1. 40 votes

    We're glad you're here

    Please sign in to leave feedback

    Signed in as (Sign out)

    We’ll send you updates on this idea

    How important is this to you?

    We're glad you're here

    Please sign in to leave feedback

    Signed in as (Sign out)

    Hi everyone, thanks for raising and supporting this idea of having more visibility or an alert when turnover is reaching the VAT threshold. This is something our team have picked up and taking a deeper dive into. No promises at this point but we'll keep you updated of any news here.

    Simon Armstrong supported this idea  · 
    An error occurred while saving the comment
    Simon Armstrong commented  · 

    I really did think that Xero already did this, but, as is often the case, it appears I was wrong. I am not alone in this since TaxWise accountancy in the UK state the following when advising how to keep a log of your VAT Threshold Limit: -

    "Use MTD-compliant accounting software

    Cloud platforms such as Xero, QuickBooks or FreeAgent automatically track rolling turnover and alert you as you approach the threshold."

    The full article can be found here: -

    https://www.tax-wise.co.uk/blog/vat-threshold-2025-2026-small-business/