Latest News

Xero Tips and Tricks - Inbuilt Calculator

Did you know that Xero has an inbuilt calculator that can be used within the Quantity, Unit Price and Disc % fields of invoices (classic invoicing only) which allows you to perform basic arithmetic functions? Here's how...

Xero User News - New HSBC Open Banking Bank Feed

The old HSBC bank Business Internet Banking feed ceased working on 30 July and if you have not already done so, you will need to update your bank connection to the new industry standard open banking connection.  There will be a message on your Xero dashboard warning if your feed needs to be updated.

The open banking feed will work in much the same way as the old one with two main differences:

Xero User News - Xero Launch Analytics Plus

As part of the evolution of analytics, Xero have now launched ‘Analytics Plus’, bringing advanced features and more accurate forecasting.

Topical tax points for law firms

Read some topical tax points including whether you should claim Child Benefit as a high earner and whether an expenditure should be included in partnership expenses or claimed on personal tax returns?

General Practice Pay Transparency - new contractual obligation to report NHS earnings exceeding prescribed threshold

As of 1 October 2021, the Government has amended the NHS (General Medical Services Contracts) Regulations to require a contract with a medical practitioner or partnership to contain a term requiring the contractor to make a self-declaration to NHS Digital should their NHS earnings exceed the prescribed threshold for a given year.

Xero User News - New Xero Support Package

Introducing Armstrong Watson's new Xero Support Package. Providing clients with a dedicated Xero support system at a set monthly fee.

Dealing with creditor pressure as Government withdraws Covid support

Now that the suspension of winding up petitions and statutory demands is coming to an end, it is anticipated that there will be an increase in creditor enforcement action. This has historically been the point at which, for many companies and individuals, they realise that they need to seek advice from a licensed insolvency practitioner. The withdrawal of the remaining Government support will potentially result in an upturn in the need for businesses to seek the right advice.

Supply chain issues and staffing shortages in hospitality

Nando’s running out of chicken and McDonald’s running out of milkshake – just two of the more high-profile hospitality businesses that are feeling the effects of the general supply chain bottlenecks. As the world looks towards the economy bouncing back, the UK’s recovery appears to be stalling as it struggles to find the staff needed to keep the supply chain moving.

Inflation - When cash is not always king

Is this a good time to invest? As the financial markets continue to be volatile, we explain why the amount of time you invest for is key.

The Final Furlough

30 September 2021 marks the date when the Coronavirus Job Retention Scheme is due to be formally wound down. Whilst it has undoubtedly preserved thousands of jobs over the past 18 months, many businesses will now be looking whether they can afford to bring back all of their staff.