The latest accountancy news
August 2023
How small businesses are navigating AI
[ad_1] The hype around artificial intelligence (AI) is making small businesses feel that its development and adoption is moving at lightning speed. In fact, our new research shows that 80% of small business owners globally [...]
Product wrap from Xerocon Sydney 2023
[ad_1] We’ve just wrapped up day one of Xerocon, and it didn’t disappoint! The vibe and atmosphere in Sydney has been fantastic. Our leadership team — including new Chief Product Officer, Diya Jolly — shared the [...]
US Roadshow Accelerate: Xero brings the product announcements (and the noise)
[ad_1] This year’s US Roadshows were nothing short of inspiring, with accounting, bookkeeping and app partners showing up from all over the country to attend our events in Austin, Atlanta and Los Angeles. Joining us [...]
The importance of community football
[ad_1] When I moved back to Melbourne in 2017 after 15 years living overseas, I joined the Glen Eira football club as a volunteer because it’s a great way to meet people and it’s really [...]
Introducing our 2023 Xerocon Sydney event partners
[ad_1] Xerocon Sydney is just weeks away on 23 and 24 August, and the ICC exhibitor floor will be full to the brim with some of the best and most loved apps, tools and services [...]
5 tips to get the best out of apps at Xerocon
[ad_1] Xerocon is fast approaching: the best forum to hear about the latest innovations within Xero, get inspired and connect with other accountants and bookkeepers. Plus, with more than 70 app partners from the Xero [...]
Updates to rates for UOMI and FBT on low-interest loans
[ad_1] <p>Two Orders in Council have been made updating the rates for use of money interest and also for the rate for calculating fringe benefit tax on employer-provided, low interest loans respectively.</p> <p>The new underpayment [...]
Achieving that sale getting harder for small businesses
[ad_1] Small business owners are well aware how hard it is for their customers right now, who are trying to stretch their budgets to cover the rising cost of household bills, transport, housing and debt [...]
July 2023
Singapore Xero Awards 2023: Congratulations to our winners
[ad_1] Last night I had the enormous privilege of hosting our very first in-person Xero Singapore Awards ceremony to celebrate the outstanding achievements of our accounting and bookkeeping partners and crown our 2023 winners. It [...]
Xero’s D&I commitment and support of the Indigenous Voice to Parliament in Australia
[ad_1] Xero’s commitment to diversity and inclusion (D&I) across our global business extends to championing D&I in the communities in which we operate, including Indigenous communities globally. We believe driving better D&I outcomes can help [...]
Q&A with England Football legend Karen Bardsley
[ad_1] Ahead of the FIFA Women’s World Cup 2023, we sat down with Karen Bardsley to find out her perspective on the growth of the women’s game. Karen was goalkeeper for the England Women’s team, [...]
Business as usual for Xero Mid-Size Firm of the Year winners: Sempar Accountancy and Tax
[ad_1] Sempar Accountancy and Tax have been crowned the Xero Mid-size Firm of the Year at the 2023 Xero Awards for UK and Ireland. This award recognises their innovative practice and unwavering commitment to delivering [...]
Backing our small business customers on Xero Day
[ad_1] Today is Xero Day, which marks a special day here at Xero. It’s the anniversary of the day where it all started for us 17 years ago. Our customers, partners and people have played [...]
June 2023
Regulations extend deadline for R&D tax credits; update to interest rate on loans for FBT
[ad_1] <p>Two Orders in Council have been made:</p> <ul> <li><em>Tax Administration (Research and Development Tax Credit Deadlines for Taxpayers Affected by Weather Events) Order 2023</em></li> </ul> <p style="margin-left: 40px;">Deadlines for filing an approval application or [...]
SOP containing flood relief measures released
[ad_1] <p>The Minister of Revenue today released a Supplementary Order Paper to the Taxation (Annual Rates for 2022—23, Platform Economy, and Remedial Matters) Bill (No 2). The SOP mainly proposes some urgent measures in response [...]
Child support pass on Bill introduced
[ad_1] <p>Social Development and Employment Minister, Carmel Sepuloni has introduced the Child Support (Pass On) Acts Amendment Bill.</p> <p> The Bill proposes that child support collected by Inland Revenue will be passed on to sole parents [...]
Tax Bill receives assent
[ad_1] <p>The Taxation (Annual Rates for 2022—23, Platform Economy, and Remedial Matters) Bill (No 2) has today received Royal assent.</p> <p>The new legislation contains measures relating to:</p> <ul> <li>the platform economy</li> <li>new GST apportionment rules</li> [...]
Budget 2023 announced
[ad_1] <p>The Government has today announced its Budget for 2023, which included three Revenue measures:</p> <ul> <li>Raising the trustee tax rate from 33% to 39% to align it with the top personal income tax rate [...]
Taxation Principles Reporting Bill introduced
[ad_1] <p>The Minister of Revenue has introduced a Bill containing a set of tax principles. </p> <p>The Bill also requires Inland Revenue to report actual outcomes of the tax system in relation to these tax [...]
Tax Bill containing Budget measures introduced
[ad_1] <p>The Taxation (Annual Rates for 2023–24, Multinational Tax, and Remedial Matters) Bill has been introduced into the House. The Bill contains the following measures:</p> <ul> <li>the annual rates of income tax for the 2023–24 [...]
Special reports on recent legislation
[ad_1] <p>The recently enacted Taxation (Annual Rates for 2022–23, Platform Economy, and Remedial Matters) Act 2023 contained amendments requiring operators of electronic marketplaces from 1 April 2024, to collect GST on supplies of app-based "listed [...]