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Instafile — File your accounts with HMRC from Xero
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まさたつ
Nice idea! A few questions: Is the accounts in compliance with FRS 105? Does the tax return take into account disallowed expenses? Has the output return/accounts been approved by HMRC and accounting associations?
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@changlongliu Thanks! And good questions! Yes, Instafile supports FRS105 reporting and the tax return takes account of disallowable expenses.
HMRC operates a 'recognition' as opposed to an approval process. It is non-mandatory and it requires you to support parts of the tax return that are not required by many small businesses. We are currently in that process - adding functionality that we're fairly sure almost none of our customers will need! - but HMRC already accepts tax returns generated by our platform.
Thanks for the idea of approaching the accounting associations - we'll get that process started.
Very happy to answer any more questions and take on board any further feedback.
Hunter
Such a simple idea! Use Xero to file accounts directly with HMRC saving £X00s a year!
We're proud to announce that Instafile has just become an official, certified Xero Connected App! You can find out more here: http://bit.ly/2s0gRI6
Hi, I'm Keith - one of the makers of Instafile. We're very excited to be on product hunt! We built Instafile because we use Xero and we needed a quick and cost-effective way to file our own company accounts. And then we discovered a whole group of finance pros who also needed a better way to file too! Any questions or feedback then let us know - we'd love to talk to you!
Instafile has just been featured in Xero's blog as an exciting newcomer to the Xero App marketplace: http://bit.ly/2ti6hhN