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We’re ready to support you with Making Tax Digital for Income Tax

Xero

As outlined in the autumn Budget, the UK government is committed to delivering Making Tax Digital (MTD) for income tax Self Assessment, which will be mandated in April 2026. At Xero, we’re ready for MTD for IT and will be participating in HMRC’s public testing phase from April 2025. What happens next?

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Get set up for the new tax year with Xero Payroll

Xero

Here are some key updates you need to know about, as well as our tips for a smooth transition into the 2025 financial year. 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. Aged 18 to 20 £8.60

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The Future of Restaurant Accounting: Simplified for 2025

Analytix Finance & Accounting

As we prepare to move into 2025, here are some restaurant accounting and bookkeeping trends that can simplify your financial management and help grow your business. Automation has revolutionized accounting in recent years, and it will continue to do so in 2025. What about innovating to meet customer expectations?

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Better off on Xero: Steps to process and finalise payroll

Xero

Completing your EOFY is better off on Xero. 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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Changes to Xero’s plans in Aotearoa New Zealand

Xero

Introducing Xero’s small business plans We’re launching three new streamlined business plans for our New Zealand customers, as well as enhancing the Ultimate plan. Introducing Xero’s partner plans for accountants and bookkeepers We’re also simplifying partner plans from three down to two (Xero Ledger and Xero Cashbook will remain unchanged).

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New changes to Xero’s plans in Australia from July

Xero

Introducing Xero’s small business plans We’re launching three new streamlined business plans for Australian customers, as well as enhancing the Ultimate plan. Ledger — annual tax basics to help prepare and submit annual tax returns for simple non-trading clients Cashbook — bookkeeping essentials for non GST registered clients.

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A short guide to Making Tax Digital for hospitality

Xero

From pandemic restrictions to Making Tax Digital (MTD), hospitality businesses have had to stay agile and adapt to many changes in the past few years. In this guide, we’ll look at what the government’s Making Tax Digital initiative means for your hospitality business in practical terms. A closer look at MTD for hospitality.

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