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Parents who lose a child will receive two weeks’ paid bereavement leave

From April, parents who lose a child will be entitled to two weeks’ paid bereavement leave under new government rules. The UK is the only country at this time to have bereavement leave enshrined in law, and it…

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What’s the difference between accounting profit and taxable profit?

Many people don’t realise that there is a difference between accounting profit and taxable profit – and that they are very rarely exactly the same figure. Lots of business owners arrive at their accounting profit – thinking it’s…

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National living and minimum wages to rise in April

Both the National Living wage and National Minimum wage are set to rise from April. The National Living wage and National Minimum wage is set to rise by 6.2%, four times the rate of inflation, in what the…

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Issues with Xero bank feeds

Some Xero users have been experiencing bank feed issues since the changes that came in at the end of last year. Xero changed how its bank feeds work late last year to comply with new EU regulations, and…

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