The latest accountancy news
May 2022
Cost of Living Payments Bill introduced
<p>The Minister of Revenue introduced a taxation <a href="/bills/53-128">Bill</a> into the House today which would allow Inland Revenue to make a cost of living payment to eligible individuals. The payment is a temporary measure [...]
Budget 2022
<p>Finance Minister Grant Robertson has announced the Government’s Budget for 2022. Included in today’s announcement were:</p> <ul> <li>A cost of living payment to New Zealanders earning up to $70,000 in the 2021/22 year. [...]
Steps to perfect your payroll this EOFY
Tax time will look a little different this year compared to last, with the conclusion of the JobMaker and JobKeeper schemes and business slowly returning to normal. However, most of us will have [...]
What you need to know about changes coming to payroll from 1 July 2022
While it may be lacking the fireworks and champagne of New Year’s Eve, come 1 July the new financial year ushers in fresh opportunities for Australia’s small businesses. Along with the new calendar, [...]
How Candice Brown tackled Making Tax Digital and kept her pub pouring through the pandemic
It’s hard to overstate how damaging the global pandemic was for local pubs. Many of these businesses are institutions – not simply a place to get a cold pint, but a home away [...]
Everything you need to know about digital links for Making Tax Digital
As a small business owner getting to grips with what’s needed to comply with Making Tax Digital (MTD) for VAT, you’d be forgiven for feeling a little overwhelmed by the number of actions [...]
A short guide to Making Tax Digital for hospitality
The hospitality industry is no stranger to new challenges. From pandemic restrictions to Making Tax Digital (MTD), hospitality businesses have had to stay agile and adapt to many changes in the past few [...]
What matters most to small businesses in this Federal Election?
In less than a week, millions of Australians will cast their ballot in this year’s Federal Election. This is a chance for eligible voters to have their say about who will be our [...]
Build a successful Kiwi business with Xero Education Month
Ready to dive into a stack of free webinars covering everything from growing your business to improving your financial wellbeing? Xero Education Month is your chance to jump into a month-long learning experience [...]
Where opportunity lies: Australia’s new small business boom
Our latest report, Where opportunity lies: Australia’s new small business boom, created in partnership with Accenture Australia, arrives at a hopeful chapter in our nation’s pandemic journey. One that sees a surge in [...]
Four reasons to come and visit Xero at Accountex London 2022
Accountex 2022 is almost here, and we can’t wait to see you there. After two long years, this is a special moment for so many across the industry to all come together. This [...]
A short guide to Making Tax Digital for landlords
Making Tax Digital for Income Tax Self Assessment (MTD for ITSA) requires that landlords earning more than £10,000 use MTD-compatible software to keep records and make submissions to HMRC. The legislation will come [...]
Our jargon-busting guide to Making Tax Digital for VAT
Making Tax Digital (MTD) for VAT is here, with the mandatory tax legislation kicking in from April 2022. Now, business owners charging VAT with a taxable turnover under £85k have to maintain financial [...]
Xero’s data shows small business jobs growth squeezed by staff shortages
The latest Xero Small Business Insights (XSBI) data for March 2022 shows the impact that COVID-19 cases, labour shortages, supply constraints and inflation are having on small businesses in Australia, New Zealand and [...]
10 questions every advisor should prepare for this EOFY
This is a guest post by Andrew Van De Beek, Founder and Head of Purpose at Illumin8 – a Xero Platinum Partner and XPAC member. For those of us in advisory, ‘quick questions’ [...]
Small businesses reeling from the emotional impact of the pandemic need support
The shops are open, the high street is buzzing, and the pubs, bars and restaurants are filled once again with happy customers. Make no mistake, this is good news. Signs of economic recovery [...]
Xero Small Business Spotlight: Black Business and Professional Association (BBPA)
We’re shining a spotlight on the Black Business and Professional Association (BBPA), a non-profit, charitable organization formed in 1983 with the goal of addressing equity and opportunity for the Black community in business, [...]
Where opportunity lies for startup success
Turning a business idea into reality is one of the most rewarding things an entrepreneur can do. Whether it’s winning new customers, making your first hire or closing a fundraising round, there are [...]
Xero’s full year 2022 financial results
Today we announced Xero’s full year financial and operating results to 31 March 2022 (FY22). Our strong financial result reflects the benefits of Xero’s commitment to invest for the long-term to support our [...]
Baker Tilly RSG becomes the first BT Canada member firm to reach platinum partner
We’re thrilled to announce Baker Tilly RSG as the first platinum partner in the Baker Tilly (BT) Canada Network, one of the country’s largest independent accounting networks, and also the first platinum partner [...]
Why being recognised as one of the UK’s ‘Best Workplaces’ is so important to us
We’re so excited to be recognised as one of the UK’s Best Workplaces 2022, in the large companies category. This is part of the prestigious Great Place to Work rankings in the UK, [...]