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Streamline tax time: Xero now supports partnership tax in the UK

Xero

We’re excited to announce that partnership tax has arrived in Xero Tax. You can now manage most of your clients’ tax needs – corporate, personal, and ordinary partnerships – in one simple, secure platform. Your practice can now gain all the benefits of Xero Tax across your ordinary partnership clients.

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Intuit Further Simplifies Tax Prep for Millions of TurboTax Customers 

Intuit

Today, we announced a new collaboration with Google Cloud that further simplifies tax preparation for millions of TurboTax customers this tax season. With Google Clouds generative AI capabilities, Intuit is expanding done-for-you autofill of tax returns for the ten most common U.S. tax returns and $107 billion in U.S.

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Making compliance easier with a new Xero and BGL workpapers partnership

Xero

Imagine seamlessly managing, reviewing, and completing your bookkeeping, workpapers and tax all in one place. One source of truth from Xero: By automating data flows and the direct import of client bookkeeping data from Xero into a working trial balance, we will significantly reduce and in most cases eliminate the need for manual data entry.

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What’s new in Xero – February 2025

Xero

UK: Streamlined tax workflow and compliance We’ve made Xero even better with some UK tax enhancements designed to save you time and reduce errors. Plus, you can now set up and manage practice government gateway IDs for Xero Tax in one location. Relax and enjoy seamless compliance with the new regulations.

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Bookkeeping vs. Accounting: Here’s how they differ

Intuit

Skills and duties Bookkeeping Data entry and accuracy: Bookkeepers are masters of accuracy, making sure all financial transactions are recorded correctly and consistently. This involves strong data entry skills and a keen eye for detail. Looking for an accounting or bookkeeping job?

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Four ways small businesses can work smarter in Xero this EOFY

Xero

So it’s no surprise that many entrepreneurs lean heavily on a trusted advisor for support, particularly around busy times like EOFY when tax, compliance, payroll and other business obligations come into play. This means you can reconcile multiple records faster while minimising errors in manual data entry. EOFY 2023).

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Balancing automation and compliance in expense reporting

Xero

eReceipts are digital versions of receipts that are automatically created and stored in Expensify based on the data received from the credit card provider. By using eReceipts, you can eliminate the need for manual data entry and reduce the likelihood of errors.