Furlough is dead

September is the last month for furlough claims The Government are pulling the plug on support to employers for furloughed staff at the end of September as they anticipate that the economy will be back to normal by October. The grant claims for employees furloughed in the month of September are 60% of the employee’s …

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Abolition of basis periods and new tax year end?

Abolition of Basis Periods Along with the impending introduction of Making Tax Digital (MTD) for unincorporated businesses and landlords the government made a significant announcement on 20 July that they would abolish basis periods for unincorporated businesses for the 2023/24 tax year to simplify MTD reporting. That change would apply to sole traders, partnerships, as …

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xero analytics launch

Xero Analytics Launch

Forecasting The Future With Xero Analytics Plus Xero have just announced a powerful new tool called Xero Analytics Plus, which is available from today. Analytics Plus is the next evolution of the existing short-term cash flow and business snapshot features with greater customisation and more accurate projections. As part of this release Xero have updated …

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