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Xero update

As Xero approaches 600,000 users worldwide, here are some notes on recent developments at Xero to help you improve your business results in 2016

Taxing the sharing economy

The sharing economy began to appear in the early 2000s as people looked for extra cash driven by the impact of the recession.

Make or break?

Xero have released the “Make or Break” report on what makes the difference between entrepreneurs who succeed a fail.

Quarterly reporting for the self employed

The Chancellors recent announcement revealed a little more about the new Digital Tax Account. It looks as if the self-employed will need to report their figures and pay tax quarterly.

Spend today culture

Research of 5,000 adults by the Money Advice Service discovered a “spend today” culture in the UK and a lack of financial skills.

A better 2016

As we approach the end of the year, it’s time to reflect and plan for the next year. One way of doing this is to create a budget.

Giving to save tax

Inheritance Tax (IHT) is something that affects more people than ever and is expected to double by 2020. In 2015/15 the tax office collected over £3.4 billion.

Xero security update

The Website hack of Talk Talk made national news so it was interesting to see Xero recommend users change their password.

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