Make tax time less taxing with Xero

With Xero, your financial numbers are online and in one place, so it’s easier for you or your accountant to file a return with Inland Revenue. Say goodbye to paperwork, spreadsheets and missing receipts when you get up and running with Xero.

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What does ‘end of financial year’ mean?

The financial year runs from 1 April to 31 March. If you run a business, each year you’ll need to submit an income tax return to the Inland Revenue to figure out how much income tax you owe.

Getting EOFY ready simply means getting your books in order so your business’s financial performance can be accurately reflected in your income tax return.

Download our handy tax year calendar for your office wall.


Xero makes tax time...

Less spreadsheet-y

Spreadsheets aren’t designed for accounting. There’s no audit trail, it doesn’t integrate with other business applications, and it’s hard to track transactions. Using Xero can help ensure your data is accurate and all your information is up-to-date, so when it comes to the end of the next financial year, you’re not sifting through endless, out-of-date spreadsheets.

Less spreadsheety

Less receipt-y

The last thing you want at the end of a busy year is a pile of faded, dog-eared receipts. With Xero Expenses you can keep track of all your receipts digitally. Just take a photo of the receipt and all the details are automatically scanned into Xero.

Less receipty

Less bamboozle-y

Xero makes things easier when it comes to running the books. It’ll help you keep up with your bank reconciliation and bookkeeping throughout the year, so the end of financial year can be a breeze. Plus, with digital record keeping in Xero, you can see how your business is performing at any time of the year, avoiding any end of year surprises.

Less bamboozley

Xero tools that are perfect for your business

Xero has all the tools needed to keep track of your accounts and make tax time less taxing.

online-invoicing
Online invoicing and quotes made easy

Send personalised, professional invoices and quotes. Plus, set up automated invoice reminders and spend less time chasing payments.

simple bank reconciliation
Simple bank reconciliation

Keep track of cash flow effortlessly with bank reconciliation in Xero. Save time on admin and get daily updates on your business.

hubdoc
Capture bills and receipts with Hubdoc

Automate manual bookkeeping tasks like entering bills and receipts. Hubdoc extracts key information from each bill or receipt so it’s ready to copy into Xero.

Plans to suit your business

All pricing plans cover the accounting essentials, with room to grow.

Download your own financial year calendar

See all the key dates and deadlines for the end of financial year at a glance. Simply download and print this handy NZ tax year calendar for your office wall.

Download now

Find an accountant or bookkeeper

To get EOFY ready, you need to ensure that all your business transactions have been recorded, that they are accurate and up to date. The best way to make tax time less taxing is to get the right advice. Your accountant or bookkeeper can help answer difficult questions. Don’t have an accountant or bookkeeper?

Find one near you

Not on Xero? Sign up for a free trial and make next year’s tax time less taxing.

Free trial today