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Xero increases its users by 51% in just six months

Xero has increased its number of UK users and turnover by 51% in the last six months. The large increase is largely being credited to users making the switch to Xero in order to meet HMRC’s Making Tax…

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Business gifts for Christmas

Thinking of giving a business gift for Christmas? It’s not long until Christmas and you might be considering giving a Christmas gift or treat to your team or customers. But before you do, it’s worth considering the tax…

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Do not change the payment date on your December payroll if you pay early for Christmas

We know that some employers will be paying their staff early for Christmas but it’s important to not change the date on your payment submission. If your business is closing early for Christmas or is not open at…

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Is the Christmas party tax allowable?

It’s just under six weeks until Christmas Day and many of us will have already booked our work Christmas party to celebrate. But what are the costs to your business of the Christmas party and what is tax…

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What’s the difference between a realised gain and an unrealised gain?

Many businesses deal in more than one currency these days, both buying and selling, and this results in realised or unrealised gains or losses in their accounts.  But what is the difference between realised and unrealised, and how…

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Who should be in your work place pension?

Since they were introduced in 2012 more than 8 million people have been automatically enrolled into workplace pensions. Every business that employs staff who meet the criteria should be automatically enrolling workers into a pension scheme, deducting contributions…

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