Our second letter in the series, ‘An open letter from small business to the Treasurer’ is from Rebecca Simmons, Co-Founder of Barc For Pets and Xero customer, who shares how changes to the Export Marketing Development Grant have the potential to help small businesses grow their export market and boost the Australian economy. Small businesses […]
Why being an empathetic leader matters
I often get asked what will make a business successful. For me, it’s simple – I’ve always believed that genuinely caring for the wellbeing of your teams, and investing in your culture will lead to business success. And this starts with your people. In my Xero On Air episode, I discussed how you can help […]
Weekend Reading for Financial Planners (September 19-20)
Executive Summary Enjoy the current installment of “Weekend Reading For Financial Planners” – this week’s edition kicks off with the news that despite concerns from fiduciary advocates that the Department of Labor’s new “fiduciary” rule will undermine consumer protections by allowing “fiduciary commissions”, the annuity industry is mounting a challenge to the rule out of […]
JobKeeper 2.0 is set to launch in Australia. Xero Payroll will be ready.
Thanks to just released guidance from the Australian Taxation Office, we now have a clearer picture of the JobKeeper 2.0 extension that begins at the end of September. We’re happy to say that Xero Payroll will be updated in time to accommodate these changes. Below we offer a look at how Xero Payroll will handle […]
Stronger and smarter: Why it’s time to move your business online
The posts in this series have been drawn from Xero’s Stronger and smarter: a small business handbook. Designed to help small businesses determine which steps to take next, this practical guide uncovers the 10 trends shaping the future – so you can come back stronger and smarter than ever. If ever we doubted the power […]
Shake up Your Business’s Tax Classification With IRS Form 8832
Many business owners dream about finding ways to reduce their tax liabilities. With IRS Form 8832, you may be able to do just that by changing your tax classification. Read on to learn what is Form 8832 and whether you can use it to switch up your business’s tax classification. What is IRS Form 8832? […]
RightCapital Financial Planning Software Review – Tax-Sensitive Decumulation Planning And A Collaborative Planning Interface
Executive Summary Amid a landscape that has been dominated for nearly a decade by a select group of financial planning software heavyweights – MoneyGuidePro, Naviplan, and eMoney – newcomer RightCapital first launched in 2015 at the XY Planning Network conference. With an eye towards providing a simpler and easier-to-use interface and presenting solutions to clients […]
Going digital: Where next for the UK practice?
I recently had the pleasure of hosting our Xero On Air episode on the future of compliance – Going digital: Where next for the practice. We talked about the impact of COVID-19 on accountants, and the latest regulatory changes, including the announcements around Making Tax Digital for Income Tax and Self Assessment, and how products […]
Going digital: Where next for the UK practice?
I recently had the pleasure of hosting our Xero On Air episode on the future of compliance – Going digital: Where next for the practice. We talked about the impact of COVID-19 on accountants, and the latest regulatory changes, including the announcements around Making Tax Digital for Income Tax and Self Assessment, and how products […]
Helping Business Owner Clients Cope With Feelings Of Shame And Guilt Arising From Making Difficult (Or Unpopular) Financial Decisions
Executive Summary Business owners are faced with tough decisions every day that challenge them to run their businesses efficiently and to keep their employees happy. Yet, when it comes to decisions about asking for help, many often experience feelings of guilt and shame. And in the current pandemic environment, with recent government programs like PPP […]