Latest News

Protect your company’s financial stability in times of uncertainty

During the pandemic the Government has provided support in the form of loan schemes. Although these loans are underwritten by the Government, in the event of a business failure resulting from the demise of a director, the debt will be repaid from business assets, potentially putting the business under financial pressure...

What are the proposed tax changes for the self-employed, sole traders and partnerships?

Unincorporated businesses could see significant changes to the way they are taxed following the launch of a consultation by the Government – which could lead to some facing higher tax bills than expected.

Xero User News - Changes to e-commerce VAT in the EU

From 1st July 2021 the VAT rules on business to customer (B2C) e-commerce sales have changed. 

The changes, referred to as the ‘EU VAT E-commerce Package,’ aim to reduce barriers for e-commerce businesses selling across borders to end customers within the European Union, and can be used by businesses worldwide including those based in the UK.  It also aims to ensure that VAT is paid correctly to the member state in which the supply takes place.

Can you drive your business forward without a Finance Director?

If we were to compare business to a rally car championship, where each car taking place is a business that is driven by the owner, a finance director would be the co-pilot.

Survey highlights businesses’ struggles following third lockdown and impact of Brexit

Recent research by the Association of Practising Accountants (APA) found that many businesses are still struggling with the impact of Covid-19 and the uncertain economic outlook

Capital allowances tips and traps

A common question from farming clients is, “why is my taxable profit different to my accounting profit?” There are a number of possible answers, but the most common one is the way the purchase of machinery and equipment is dealt with:  

App of the Month – Chaser 30% off standard package pricing

App of the Month – Chaser 30% off standard package pricing

Xero Tips & Tricks - Using inventory items to help speed up sales invoices entry

Do you have standard wording on your sales invoices? If so, rather than typing the details on each time you raise an invoice you can use inventory items.  

Xero User News – Being Safe Online

With teams working more remotely and accessing both business and personal information over the internet, it makes sense to protect the way you access it.  The traditional email username and password is not the strongest method to keep your data safe.  Here we give advice on how to create a strong password and the additional step all Xero users can take to add an extra layer of security when logging in.   

Xero User News - The re-emergence of the economy post-COVID

As the economy begins to open up once again  - what does that mean for businesses and managing finances?