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What the 2023 Autumn Statement Means for Making Tax Digital

Xero

Self-employed people and landlords earning above £50,000 annually will still be mandated to join MTD for ITSA in April 2026, with those earning above £30,000 to follow in 2027. The post What the 2023 Autumn Statement Means for Making Tax Digital appeared first on Xero Blog.

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Making Tax Digital for ITSA has been delayed, but we’re ready to support you

Xero

Those earning income over £30,000 will come into MTD from April 2027. Apr 2027: MTD for ITSA -businesses, self-employed individuals, and landlords with income over £30,000. To find out more about the legislation and how Xero can help your clients comply, check out some of our MTD for ITSA resources.

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Spreadsheets Are Hot

Cloud Accounting Podcast

Closes $2 MM Seed Funding to Automate Financial Planning and Analysis and Help Businesses 'Know Their Numbers' [link] Docyt raises $11.5M

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Paperless Invoicing: Is It Better Than Paper Invoice?

Invoicera

Online invoices say the market for electronic invoices is estimated to surpass $25 million by 2027. Invoicera, for instance, provides seamless integration with platforms like QuickBooks and Xero, minimizing disruption to existing workflows. It is cost-effective, saving on paper, printing, and postage.

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Credit Karma Exits Tax Prep, Square Enters

Cloud Accounting Podcast

We'll also examine Expensify's $100 million in annual recurring revenue, a wealth of FreshBooks news, and ponder all the possibilities for spending Xero's mountain of cash. approval for purchase of Credit Karma.

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The top 10 audit automation software

Nanonets

 According to TechNavio , the audit software market is poised for substantial growth, with an estimated Compound Annual Growth Rate (CAGR) of 13.36% anticipated between 2022 and 2027. Integration with NetSuite, Quickbooks Online, Xero, and Sage Intacct. Pros: Zero-shot AI effectively captures data from documents from day one.

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Employers Take Hard Pass on Trump Tax Deferral

Cloud Accounting Podcast

[00:29:47] They are also estimating, and this is where it gets scary, the lower rates of W-2 filings are gonna persist through at least 2027, with about 15.9 This is the same- Xero's probably tried to deal with it. Same thing with Xero, right? Xero, here in the States, partners with Gusto.

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