Matthew Prouse, Xero
Our online tax solution, Xero Tax, has become the secret weapon for thousands of innovative, agile Registered Tax and BAS Agents in Australia.
With over 150 firms turning to this tool every month, Xero Tax has become the fastest growing tax solution in the market. Today, it’s the platform of choice for newly registered tax agents and startup firms. This is due to its efficiency, simplicity and ease of access.
Since 1 July, more than one million income tax returns and business activity statements have been lodged using Xero Tax. Mike Bennet of Quantum Financial Group lodged the millionth tax return of the season. Quantum Financial Group have lodged more than 4,000 tax returns through Xero Tax since March 2015.
Mike explained their choice to use the online solution. “We enjoy using the best technology for our clients, and Xero Tax more than meets that objective”.
What is Xero Tax?
Xero Tax is a tax lodgement solution for accountants and bookkeepers based in Australia. Just like Xero client accounting software, it’s entirely cloud based. It uses the ATO’s newest PLS technology to lodge and submit activity statements and tax returns on behalf of clients. It’s a partner program benefit available for free to all those certified Bronze and above. Consequently it can be used standalone or integrated within Xero Practice Manager.
We’ve built a proven, stable platform with all of the major tax forms (individual, partnership, company, trust and SMSF) available for the 2014, 2015 and 2016 tax years. We are on track to release the 2017 tax forms in mid June, along with some new and exciting developments.
Xero Tax shares the single client list with Xero HQ. Therefore it is easy to to import the client data from the single ledger onto the activity statement or income tax return. To date, more than half of our registered agents have gone paperless and implemented e-sign for tax returns powered by Adobe.
Our talented team of 25 people listen to our customers so they can create beautiful software based on user feedback.
It’s a team effort to be this beautiful
The Australian version of Xero Tax is proudly built in Melbourne by a talented team of 25 people. Many of whom are in the picture above. We work closely with our trans-Tasman colleagues in Auckland. We’re currently busy developing Xero HQ and Xero Practice Manager. Through these we are reimagining the workflows and tools of accounting firms and bookkeeping practices for the next 5-10 years.
We aim to be agile and listen to our customers so we can create beautiful software based on user feedback. The team runs user groups and feedback sessions in every capital city once a quarter. You can always find our product owners working with partners via customer experience and the official social media groups for accountants and bookkeepers.
Our Melbourne product team is growing to help us build new solutions and interactive services. These will make it even easier for registered agents to help millions of taxpayers manage their small business and personal tax affairs. If Xero sounds like a place for you then visit our careers page.
Turn on Xero Tax
With tax time approaching and over 3000 practices going paperless and using Xero Tax every day, we have launched a free weekly “Intro to Xero Tax” webinar on Xero U for all partners. We have recently updated our dedicated landing page and relaunched Xero Tax in Action. This is our 15-part live training series for Xero partners planning to use Xero Tax for 2016-2017 income tax returns. You can register for Xero Tax in Action today.