No more GST, PAYG or superannuation surprises
Using Tax As You Go (TAYG) with Xero will give you the ability to see how your savings stack up against your obligations. By having the information in your hand you wont get caught out again.
Remove the end of period surprise, by seeing your liability as you transact
Plan for payments, allowing for better cash flow management or even make your cash work harder for you
By configuring alerts you can get a weekly view, directly to your Inbox or Slack channel
Be up and running in a few minutes with ‘Sign in with Xero’ and auto account detection
Per Entity / Month ex GST
Accountants & Bookkeepers
To automate for your clients
Visibility & Cash flow
TAYG has been created to keep business owners on top of their next payments and allow you them to plan out payments.
By providing a simple and clear view of the GST, PAYG and Superannuation owed, as well as the upcoming due dates business owners can have confidence in their spending spending.
Keeping up with obligations in Australia can be tricky and surprises at the time of BAS submission and superannuation due dates can lead to frustrations.
By continually checking in with these values as you transact, businesses are provided a platform for healthy conversations around planning with their accountant or bookkeeper.
The inclusion of your unreconciled and estimated GST is also a nice little motivator make sure that bookkeeping is done on a regular basis.
Including a tax savings into the mix can also help strengthen a companies position.
With every major bank in Australia offering accounts specifically designed for tax savings organisations can benefit by having the cash at their disposal earning interest and separate to their every day spending.
More to come…..
Stay tuned for new features being released all the time!
Xero is world-leading online accounting software built for small business.
- Get a real-time view of your cashflow. Log in anytime, anywhere on your Mac, PC, tablet of phone to get a real-time view of your cash flow. It’s small business accounting software that’s simple, smart and occasionally magical.
- Run your business on the go. Use our mobile app to reconcile, send invoices, or create expense claims – from anywhere.
- Get paid faster with online invoicing. Send online invoices to your customers – and get updated when they’re opened.
- Reconcile in seconds. Xero imports and categorises your latest bank transactions. Just click ok to reconcile.
Find out more or try Xero Accounting Software for free.