![]() ![]() (Some firms use tax software from multiple providers such as MYOB, Reckon and HandiSoft as well.) ![]() ![]() ![]() In 2019, Xero claimed in a blog post that more than 5000 firms in Australia and New Zealand had filed more than 6 million returns using Xero Tax. How Xero Tax radically changed the process Sage HandiSoft, MYOB and Reckon have a long history supplying comprehensive tax packages, and there has been little innovation to challenge them – that is, until New Zealand-born company Xero came along and offered a bare-bones, online tax program for free as part of its partner program in 2015. Many accounting firms still process tax returns with server-based tax software. And this is particularly true in the critical area of tax applications. But tools for accountants – a much smaller market – haven’t received the same amount of attention. Client accounting software used by businesses to track and reconcile transactions has leapt ahead in functionality and sophistication in recent years. ![]()
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