Xero’s latest updates
Credit Control You can now set credit limits on your contacts, meaning that this function will block an invoice being raised, if your customer has reached their credit limit. The invoice will instead be rais...
Guide to overseas transactions on VAT returns
The ‘reverse charge’ calculation often causes confusion. It applies when a UK business buys services from abroad. The basic principle is that the customer deals with the VAT rather than the supplier, avoidi...
Xero guide: Corporation Tax
The first key thing to remember is to ensure everything is completed for the month that you are making the Corporation Tax provision for. Here is a checklist to look over before making the provision: 1. End ...
Guide for employers: Xero Me and payroll
It is your responsibility as an employer to provide your employees with their payslips each month. Currently there is no automatic system for this in Xero; your staff are not notified when their current pay...