The latest accountancy news
April 2021
Special report on new resurgence support payment legislation
[ad_1] <p>This <a href="/publications/2021/2021-sr-crspom-bill">special report</a> provides early information on the COVID-19 resurgence support payment. It also contains information on an increase to the minimum family tax credit threshold. The new rules were contained in the [...]
Latest product news – April 2021
[ad_1] It’s been an exciting month for our product teams, with plenty of new features in Xero as well as the acquisitions of Planday and Tickstar. Here’s an overview of the key product releases that [...]
March 2021
Introduction of a new business continuity test for tax losses
[ad_1] <p>The Minister of Revenue has indicated his intention to introduce legislation to relax New Zealand’s loss continuity rules to allow businesses better access to capital. Inland Revenue has produced draft material to explain the [...]
My tipping point: Designing an environmental legacy with jewellery
[ad_1] Being a sole trader isn’t without its challenges, especially after the year that’s been. But for many, bravely going it alone is a chance to live their passion, be their own boss, and work [...]
Child Support Bill passed
[ad_1] <p>On Thursday, 18 March, Parliament passed the <a href="/bills/52-228">Child Support Amendment Bill.</a> The Bill contains a range of measures to simplify and improve administration of Child Support. The Bill now awaits Royal Assent.</p> <p>For [...]
Xero expands partnership with Osidon to support US entrepreneurs and small businesses
[ad_1] We are thrilled to announce an expanded partnership in the US with Osidon, a digital online accountancy company offering industry-leading services to entrepreneurs and small businesses. Osidon is a Xero platinum partner and the [...]
Government property announcements
[ad_1] <p>Today the Government announced a range of measures addressing the supply and demand for residential properties. For the tax system, the Government announced:</p> <ul> <li>an extension of the bright-line test for residential properties from [...]
It’s time to end re-authenticating every 90 days: Have your say
[ad_1] In the UK, Open Banking has transformed our lives, making it easier for consumers and small businesses to share data with consent. It’s powered new apps covering a multitude of uses that have been [...]
Tax Bill passed
[ad_1] <p>Parliament has passed the <a href="/bills/52-273">Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill</a>. The Bill includes measures to:</p> <ul> <li>allow businesses to claim greater deductions for feasibility expenditure</li> <li>loosen the loss [...]
Xero to acquire Tickstar to drive adoption of e-invoicing globally
[ad_1] Today, we’re excited to announce the acquisition of Tickstar, which provides e-invoicing infrastructure and expertise to governments and businesses around the world. We currently use Tickstar’s technology to connect Xero customers to e-invoicing networks [...]
SOP to tax bill released
[ad_1] <p>The Minister of Revenue has released a Supplementary Order Paper to the <a href="/bills/52-273">Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill</a>.</p> <p>The SOP includes two of the proposed property changes <a [...]
Xero certified carbon neutral
[ad_1] Respecting the planet and supporting a more sustainable future is something we take very seriously at Xero, and we know it’s front of mind for many of our people and customers around the globe. [...]
Feedback sought on foreign trust remedials
[ad_1] <p>Feedback is sought on 10 proposed remedial changes to the foreign trust disclosure rules, which were enacted in the <a href="/bills/51-149">Taxation (Business Tax, Exchange of Information, and Remedial Matters) Act 2017</a>.</p> <p>For more information [...]
Launching a company during a pandemic? It’s a Doozy!
[ad_1] We’ve now been working from home for a year in the UK, and this has brought with it its own set of ups and downs. But for some, it has made time to be [...]
Child support bill reported back
[ad_1] <p>The <a href="/bills/52-228">Child Support Amendment Bill</a>, introduced on 11 March 2020, was reported back to Parliament today.</p> <p>For more information see:</p> <ul> <li> the <a href="https://www.legislation.govt.nz/bill/government/2020/0228/latest/LMS301925.html">Bill as reported back</a></li> <li>the Social Services and Community [...]
Xero Education is here to help: How to migrate your practice
[ad_1] Migrating your practice can be a daunting thought but it doesn’t need to be. Join our conversion experts as we break down the nitty gritty of practice migration and the support available on your [...]
Tax bill reported back
[ad_1] <p>The <a href="/bills/52-273">Taxation (Annual Rates for 2020–21, Feasibility Expenditure, and Remedial Matters) Bill</a>, introduced on 4 June 2020, was reported back to Parliament yesterday.</p> <p>For more information see:</p> <ul> <li> the <a href="https://www.legislation.govt.nz/bill/government/2020/0273/latest/LMS352578.html">Bill as [...]
Digital Partner Pages is here: How your peers led the way in 2020
[ad_1] As we explored in our first-ever digital Xero Roadshow, for bookkeepers and accountants, 2020 was a year like no other. From helping small businesses navigate COVID-19 to adapting their own practices in light of [...]
Knowing your financials is vital for success in 2021
[ad_1] This is a guest post from Justin Hatch, CEO of Reach Reporting, the leading visual financial reporting software. The uncertainty of last year is in the rearview, but a bumpy road still lies ahead. [...]
Why you should mystery shop your practice’s digital experience
[ad_1] At this year’s Xero Roadshow, one thing was clear: the way we live and work has changed for good. Following the arrival of the pandemic, the accounting and bookkeeping industry‘s transition to digital has [...]
New Zealand employers: What you need to know for EOFY
[ad_1] There are a number of changes you need to know about this year, from increased minimum wages to new tax rates. We’ve made it as easy as possible for you to manage your EOFY [...]