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Instafile
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File your accounts with HMRC from Xero
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Andy chung

Instafile — File your accounts with HMRC from Xero

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Keith Carsley
Maker
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
Andy chung
Hunter
Such a simple idea! Use Xero to file accounts directly with HMRC saving £X00s a year!
Keith Carsley
Maker
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!
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?
Keith Carsley
Maker
@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.
Keith Carsley
Maker
Instafile has just been featured in Xero's blog as an exciting newcomer to the Xero App marketplace: http://bit.ly/2ti6hhN