Xero has launched its cloud-based tax solution, making it possible for tax agents to lodge returns on behalf of their clients entirely online.
Xero launches new tax solution
Xero Tax can be accessed at any time, on any device, and is available immediately.
By being able to access features such as electronic signatures on documents and more efficient record importing, Xero claims the new tax solution will significantly reduce the time it takes to meet tax obligations.
Chris Ridd, Xero Australia's managing director, said the company has completely rethought the tax process for the 21st century.
“Tax agents no longer need to be chained to their desks after hours and on weekends just so they can review and lodge client tax returns,” he said.
“We’re giving our customers back their freedom by making it entirely possible for them to meet a client in their favorite café to review their tax return, and lodge it directly from an iPad.
“Xero Tax and 2015 tax forms are available now, so tax agents have time to familiarise themselves with the easy-to-use platform, in preparation for June 30.”
Xero said the firm has worked closely with the ATO to make it easier for accountants, bookkeepers and businesses to submit returns online, and it is the first major vendor to utilise the ATO’s Standard Business Reporting platform in its entirety.