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At Xero, we’re committed to making our products more inclusive for small businesses and advisors around the world. A key part of this process is upgrading the design of features like bank reconciliation, to make them more accessible and remove technical restraints, so we can deliver features in the future that will help your business or practice thrive. Bank reconciliation is one of Xero’s most loved features and a critical part of your accounting work. So we know the changes … Continue reading “Why we’ve updated the bank reconciliation design”
Practice Excellence How to Use Tech to Increase Your Firm’s Efficiency
General Elections, referendums and a global pandemic have thwarted HMRC’s attempts to launch Making Tax Digital for Income Tax Self Assessment (MTD ITSA) since 2015. I remember the Chancellor at the time, George Osborne, saying the words: “We will abolish the annual tax return altogether” as he announced the biggest change to the tax system since self assessment was introduced. Fast forward to now and HMRC is ploughing ahead with MTD ITSA, with the official go-live date of April 2023 … Continue reading “MTD for ITSA: Five practical tips for accounting practices”
Business Tax Why the Tax Court Denied a Theft Loss
There are many ways to automate your accounting department, and robotic-process automation can play a key role.