You can now file your VAT Return directly with HMRC from within Xero if you have been assigned the Financial Adviser or Standard User roles. Once you or your Adviser have checked and approved the VAT data you can then ‘File & Publish’ the VAT Return in Xero. You will need to enter your Gateway User Id and Password, which you should already have, unless your Adviser files on your behalf as Agent.
You don’t have to file your VAT Return electronically with HMRC via Xero, you can still publish your return in Xero and file it with HMRC through the Government Gateway.
Nevertheless, this is a great feature that Xero has now added, bringing it in line with competing products such as Sage 50 Accounts, which already provide this feature.
If you are interested in finding out how Xero can help simplify the accounting processes in your business, then please Contact Us.