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Get set up for the new tax year with Xero Payroll

Xero

The end of the financial year is around the corner, so it’s time to review the latest changes and start getting ready to complete your payroll year end. Latest changes Payroll is always evolving, but there were a few little surprises this year. Our payroll specialists are also here to support you at any time. Aged 18 to 20 £8.60

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Get set up for the new tax year with Xero Payroll

Xero

That’s why we have prepared some resources to guide you through a frictionless payroll year end, and be ready for the start of the 2023/24 tax year. We have also introduced a new checklist within Xero Payroll to streamline your tasks and make it easy as we approach year end.

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What is Absentee Payroll in Singapore? How to Apply

Counto

What is Absentee Payroll in Singapore? How to Apply In Singapore, businesses have a unique opportunity to invest in the development of their workforce through the Absentee Payroll (AP) scheme. Eligibility Criteria for Absentee Payroll To take advantage of AP funding in Singapore, companies must meet specific eligibility criteria.

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Mastering Payroll Management: A Guide for Employers in Singapore

Counto

Mastering Payroll Management: A Guide for Employers in Singapore Effective payroll management is crucial for employers in Singapore to ensure compliance with labor laws and maintain a smooth employee-employer relationship. Automation through payroll software can streamline these processes, reducing errors.

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Better off on Xero: Steps to process and finalise payroll

Xero

Preparing your payroll to make finalisation as easy as possible come July. Check your employees’ records As part of Single Touch Payroll (STP) , there are key compliance requirements that affect the way employees are set up in Xero. For more details on reporting categories, check out our guide in Xero Central.

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Understanding Business Expenses: Types, Categories, and Management

Counto

Understanding Business Expenses: Types, Categories, and Management Running a successful business involves more than just generating revenue – it requires a keen understanding of your expenses. Some expense categories are tax-deductible, which can significantly reduce your tax liability.

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Examples of liabilities

Accounting Tools

Most liabilities fall into this category. Payroll taxes payable. Taxes payable that result from the completion of a recent payroll transaction. Compensation owed to employees, typically to be paid out in the next payroll cycle. These are due for settlement in less than one year. Accounts payable. Interest payable.