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The Accounts Place Blog

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


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

Unapproved Debt

For decades small businesses have been struggling to get hold of the money they are owed and the problem is not getting any better. Some 59% of small business owners experienced big businessRead more

Making Tax Digital for Income Tax

With the majority of small businesses now registered for MTD for VAT, it is now time to start preparing for the introduction of MTD for Income Tax. In light of the Covid pandemic the planned startRead more

Xero Bank Feeds

Xero have just announced exciting changes to the 90 day reauthentication rule for bank feeds. Bank feeds automatically import transactions from your bank or financial institution directly into your XRead more

Platinum Jubilee

As the nation prepares for a 4 day celebration of the Platinum Jubilee of Queen Elizabeth II, we would like to add our congratulations on this momentous occasion.  The Queen has ruled for longerRead more