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The Accounts Place Blog


Chancellor outlines package of reforms to HMRC

Chancellor Rachel Reeves yesterday outlined a package of reforms to improve the UK's tax system to help fix the foundations of the UK economy. The three strategic priorities for HMRC are closing theRead more

Just Ask Xero

At Xerocon London recently, Xero demonstrated the exciting new product Just Ask Xero (JAX).  Available in beta in August this year, JAX will help bookkeepers and their clients run their businessesRead more

Income Tax Self Assessment

The end of January heralds a rush to submit Income Tax Self Assessment forms as the last minute.com community realise the submission deadline is imminent. 2024 was to have seen the introduction ofRead more

The Gold Standard

We are delighted to have been awarded Xero Gold Partner Status. It took a lot of hard work to achieve this and we are very proud of the whole team whose efforts made this possible. Gold PartnerRead more

Artificial Intelligence

Artificial Intelligence has been the tech topic of 2023 with much discussion on the potential impacts, opportunities and challenges that the technology poses for businesses, consumers and indeed theRead more

Xero Introduce Invoice Payments Online

A prerequisite for a successful business is being paid on time by your customers. Late payments can severely impact cash flow and chasing bad debts takes time that could be better spent elsewhere.Read more

Cybercrime

As reliance on cloud based technology has grown, so inevitably has criminal activity. The economic impact of cybercrime is massive and can destroy a business. Whilst no business can be 100% safe youRead more

Changes to Xero Reporting

As anyone who uses Xero Reports is no doubt aware, the older versions of the reports are being retired and will no longer be available after 30 July 2023. The new versions have been  in use for someRead more

A Voice for Small Businesses in the Tax System

The annual 'Tell ABAB' survey is now available to complete.  The survey which is commissioned by an independent body, the Administrative Burdens Advisory Board, provides crucial insight on the bigRead more

Payroll Year End

The payroll year ends on 5th April. If you are an employer running payroll you need to report to HMRC on the previous tax year and give your employees a P60. You must send your final Full PaymentRead more

P9 Coding Notices to Employers for 2023 to 2024

HMRC are in the process of issuing P9 coding notices for the tax year starting 6 April 2023. Email notifications to employers began on 6 February and will continue until 5 March2023.  The noticeRead more

'Tis the Season

Christmas is coming and if you are planning to give your employees some Christmas cheer there are a few things to remember to ensure they do not incur additional tax or National InsuranceRead more