As well as helping you run your business finances on a day-to-day basis, Xero also provides a platform for making critical business decisions - holding the data and reports you need to produce regular management accounts.
In most cases, employees will be able to claim back any expenses that they incur in doing their job from their employer. However, where the employer will not reimburse the employee’s expenses, there may be tax relief to be had.
We’ve been a proud partner of Xero for a number of years now, helping our clients discover the huge benefits on offer from the world’s leading cloud accounting platform.
Change is on the horizon – from April next year, the self-employed will only pay one Class of National Insurance rather than the two currently payable.