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Xero Users: Classic Sales Invoice will retire in September 2024
As of 2 September 2024, Xero will retire the classic version of its sales invoice.
Childcare Allowance – what high earners need to consider
High earning taxpayers are probably aware of the loss of the personal allowance which occurs when adjusted income exceeds £100,000, whereby the allowance of £12,570 is lost at the rate of £1 for every £2 by which income exceeds £100,000, resulting in the entire loss of the allowance at an income of £125,140.
Should I hire an in-house accountant or consider outsourcing?
In this article, we delve into the advantages and disadvantages of both options, providing you with extensive insights to enable you to make a well-informed decision that resonates with your unique business goals.
Upcoming changes to UK Company Law: What do you need to know?
Here, we take a quick look at what you need to know about the new measures coming into effect which will generally apply to all entities registered with Companies House.
How do you make payments directly through Xero?
Did you know you can now pay your UK suppliers directly through Xero using Open Banking? Xero is the first major small business cloud accounting software in the UK to offer on-platform bill payments using Open Banking.
HMRC’s “New Tax Rules for Side Hustles”: What do you need to do?
It has been widely publicised that from 1 January 2024, digital platforms such as eBay, Vinted, Airbnb, Fiverr, Upwork, Uber, Deliveroo, and Etsy, are required to collect and report seller information and income to HMRC by January 2025. In this blog, we look at what you need to do.
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