Forecasting software built for manufacturing companies

FAQs about Xero in New Zealand

When is the end of the financial year in New Zealand?

New Zealand’s financial year ends on 31 March. After this, businesses need to submit an end of year tax return to Inland Revenue. The deadline is 7 July if you're filing yourself, or 31 March the following year if you're registered with a tax agent.

New Zealand’s financial year ends on 31 March. After this, businesses need to submit an end of year tax return to Inland Revenue. The deadline is 7 July if you're filing yourself, or 31 March the following year if you're registered with a tax agent.

Can Xero support my returns to the IRD?

Yes, you can connect your Xero account with the IRD (Inland Revenue Department) to more easily prepare and submit your returns, so you never miss a deadline.

Find out more from the IRD on running a business.

Yes, you can connect your Xero account with the IRD (Inland Revenue Department) to more easily prepare and submit your returns, so you never miss a deadline.

Find out more from the IRD on running a business.

Can I do same-day filing to the IRD with Xero?

Yes, Xero complies fully with payday filing. Your payroll administrator only needs to connect to the IRD once, and then employee pay details are filed with the IRD each pay run.

Yes, Xero complies fully with payday filing. Your payroll administrator only needs to connect to the IRD once, and then employee pay details are filed with the IRD each pay run.

What is the best accounting software for small businesses?

The best accounting software depends on your needs. Xero’s accounting software has flexible plans so you can adjust your subscriptions to access the features you need as your business grows.

Check out Xero’s pricing plans.

The best accounting software depends on your needs. Xero’s accounting software has flexible plans so you can adjust your subscriptions to access the features you need as your business grows.

Check out Xero’s pricing plans.

Does Xero integrate with other apps my business uses?

Yes, the Xero App Store has hundreds of apps to help manage your business, including apps specifically designed for your industry and for doing business in New Zealand.

Check out the Xero App Store.

Yes, the Xero App Store has hundreds of apps to help manage your business, including apps specifically designed for your industry and for doing business in New Zealand.

Check out the Xero App Store.

What tasks do I need to complete at end of financial year?

At the end of the financial year, it’s important to make sure your books are up to date. Start with reconciling all bank accounts and ensuring transactions are up to date. Review bills and invoices and chase any outstanding payments. If you hold inventory, conduct a stocktake. Run profit and loss statements and balance sheets to ensure everything is up to date. Finally, prepare and lodge your income tax by the deadline.

At the end of the financial year, it’s important to make sure your books are up to date. Start with reconciling all bank accounts and ensuring transactions are up to date. Review bills and invoices and chase any outstanding payments. If you hold inventory, conduct a stocktake. Run profit and loss statements and balance sheets to ensure everything is up to date. Finally, prepare and lodge your income tax by the deadline.

What is the difference between financial year and tax year in New Zealand?

There’s no real difference between the financial year and tax year. Generally, they mean the same thing for most businesses in New Zealand – both refer to the 12 month period you use for your business accounting and tax. For most businesses, this runs from 1 April to 31 March.

There’s no real difference between the financial year and tax year. Generally, they mean the same thing for most businesses in New Zealand – both refer to the 12 month period you use for your business accounting and tax. For most businesses, this runs from 1 April to 31 March.