Xero has now enabled you to share invoices by creating an 'online invoice or credit note' which creates a special link that can be pasted into a text message or social media message, allowing your customer to access it online and view changes made in real-time.
Finding specific transactions or details buried within financial data can be a daunting and time-consuming task but Xero's Magnifying Glass Search function provides users with a comprehensive and intuitive search tool to find data quickly.
Following the Corporation Tax rate increase on 1 April 2023, the rate of tax a company now pays now depends on its level of profit and whether the company has any “associated companies”. It is therefore important to understand how the status of an associate company is determined.
Pop-up campsites can now legally operate for up to 60 days per calendar year. If you're looking into this area of diversification there are some things to consider.
Xero has announced the retirement of its WorkflowMax software, which has left users seeking alternative solutions for project and workflow management needs.
With live currency integration and automatic conversion functionality, Xero’s premium subscription makes it easy to process data in multiple foreign currencies and they have recently released updates to Xero’s foreign currency reporting capabilities.
We have recently seen the publication of the ICAEW Business Confidence Monitor (BCM): Scotland for Q1 2023 and the Royal Bank of Scotland (RBS) Scotland PMI for April 2023, both of which highlight that while business confidence in Scotland is increasing, it is lagging much of the rest of the UK and continues to remain in negative territory.
Trusts have become something of a political football in recent years and their use is often called into question with the implication that by putting a trust in place, the motives for doing so, are driven by tax avoidance and the wish to be not transparent about the ownership of the assets.