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Get set up for the new tax year with Xero Payroll

Xero

These include changes to National Insurance (NI) contributions effective from 6 January (followed by a second change effective 6 April), a new Scottish tax band and holiday pay reform. Xero has included these new category letters for you to select and apply to eligible employees, to receive the employers NI relief available within the scheme.

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Five ways to work smarter in Xero this FY25

Xero

To help you set off on the right foot, we’ve rounded up a list of ways to work smarter in Xero. The data capture software makes it easy to keep track of bills and receipts and automates the process of entering them in Xero. You can email, scan or take photos of documents via the Hubdoc mobile app to store in Xero. The best part?

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How Xero can support you with Basis Period Reform

Xero

In Xero we’ve improved how you adjust your financial year-end settings. From April 2024, your sole trader and partnership clients will need to follow a tax year basis for Income Tax as part of HMRC’s Basis Period Reform. We explore how to prepare for Basis Period Reform and how Xero can support you.

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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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How to manage the Singapore GST rate change in Xero

Xero

Here’s what we’re doing to make it easy for you to manage this change in Xero. Update your default rate We’ll make the new 9% rate available in Xero by 5 December 2023. There are a number of areas where you can set default tax rates in Xero. If you have more than one Xero organisation, you’ll need to do this for each one.

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Business as usual for Xero Mid-Size Firm of the Year winners: Sempar Accountancy and Tax

Xero

Sempar Accountancy and Tax have been crowned the Xero Mid-size Firm of the Year at the 2023 Xero Awards for UK and Ireland. As a 100% Xero practice, Sempar is able to maximise the benefits of Xero’s software and other integrations for their clients. For those looking to enter the Xero Awards, “Just do it!”

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Where to start on your Xero education journey

Xero

Spending time educating yourself on Xero can help you get time back once you’ve built up your confidence. . You probably know by now that when you have a question about Xero, Xero Central is your first stop. But did you know it’s also your home for proactively learning about Xero? If you’re new to Xero, welcome!

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