Blog Posts
March 2021 Tax Day Announcements
We all heard the announcements made in the 2021 Budget on 3 March 2021. But did you know that HM Treasury published more than 30 tax policy announcements and documents? These Tax Day announcements were made less than 3 weeks later. No changes will be implemented in...
How can I make it easier for people to pay me (and fast)?
Setting up multiple payment methods in Xero is a major quick win. Offering different payment methods makes it easier for people to pay you, and it’s actually really easy to do using Xero online payment services. Getting paid fast can really help put a business...
Why Xero is the best accounting software for Landlords
Change is coming for the more than 2.5 million landlords in the UK. In less than 2 years the majority of landlords will have to register for Making Tax Digital. If you own a buy to let or furnished holiday let property in the UK, now is the time to move to accounting...
How much is National Minimum Wage 2021
The clocks have changed, spring is sprung, and April is fast approaching. It is time to make sure you are paying your workers the correct amount. So how much is the National Minimum Wage in 2021? On 1 April the National Minimum Wage (NMW) rates for all ages of workers...
Will the new IR35 changes affect me?
New IR35 tax changes will come into force in the private sector in April 2021. As a result some self-employed workers, and the businesses that hire them, will have to pay tax differently. Are you one of the 170,000 ‘contractors’ who may have to pay more tax? Are...
Government backed coronavirus loans – everything you need to know
Taking out a loan can feel intimidating, so here are the facts on the Government backed coronavirus loans to help you make an informed decision
More business support announced in the Budget
A lot was announced in the March 2021 Budget. Make sure you know what will impact on your business to ensure you aren’t missing out.
What to do about deferred VAT payments
Many businesses deferred one of their 2020 VAT payments in order to manage cash flow during a tough year. What happens if you still can’t pay the VAT owed?
Payments on Account
It's the end of January. January generally isn't the best of months in "normal" times. In the middle of yet another lockdown with all the worry and stress that goes with that, even if you don't know anyone who has got COVID, this January feels harder than ever. The...
Selling to EU consumers and the VAT One Stop Shop
Selling to EU consumers has become a whole lot harder with Brexit. From truck drivers having their ham sandwiches confiscated (yes, seriously) to the astonishing new amount of red tape, to extra shipping charges, to delays. The last thing British exporters need are...
How to use Postponed VAT Accounting to manage import VAT from 1 January 2021
What is Postponed VAT Accounting, and how to use Postponed VAT Accounting to manage your import VAT from 1 January 2021 onwards
Six top tips to set off on the best foot with Xero bookkeeping
We have lots of experience to help you set off on the right foot, and avoid the most common pitfalls. Here are our six top tips for Xero bookkeeping.
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