By Geneva AbdulThe austere building is hardly distinguishable in the landscape of glass and concrete buildings making up Asia’s Silicon Valley, as Hyderabad, India, is known. It is one of Amazon’s latest developments, the online retailer’s largest office building in the world. With plans to cement its place as the center of gravity around which […]
Archives for August 2020
In Hyderabad, Amazon builds its largest office yet. But not everyone is happy
By Geneva AbdulThe austere building is hardly distinguishable in the landscape of glass and concrete buildings making up Asia’s Silicon Valley, as Hyderabad, India, is known. It is one of Amazon’s latest developments, the online retailer’s largest office building in the world. With plans to cement its place as the center of gravity around which […]
Third of Britons do not understand their pension plan
A third (32%) of UK adults with a pension do not know how it works or where it is being held, according to new research. Over half 964%) of people with a pension have never sought any form of financial advice, according to a new survey. Over a quarter (28%) said they would like to […]
JobKeeper Extension Bill
If your business has been impacted by COVID and deferred lodgements or payments, now is the time to re-engage with the ATO. Even if your business is still feeling the impact of COVID, the ATO is looking to re-engage to work out the next step. It may be that a further deferral needs be put […]
Treasury yields move higher as stocks lose some momentum
U.S. government debt prices were lower on Wednesday morning as market participants awaited a speech from Jerome Powell. At around 3:00 a.m ET, the yield on the benchmark 10-year Treasury note rose to 0.7177%, whereas the yield on the 30-year Treasury bond jumped to 1.4238%. Yields move inversely to prices. The main focus is a speech due Thursday by Federal […]
8 Life Events Where Financial Planning is Mandatory
Financial planning is an important task in the management of your finances. It is not just limited to the norm of planning the strategies and ways to invest your money into the various business ventures or funds or insurance schemes by various companies, but it also includes the planning to put every single penny of […]
Accounting for the Irish VAT change in Xero
In late July, the Irish Government announced its updated stimulus package for businesses. It included a number of initiatives around employment and wage subsidies, grants, loans and tax cuts. One of the measures announced is a temporary reduction in the standard VAT rate in Ireland. What is the change? The standard rate of VAT in […]
Lenskart to invest Rs 380cr in 2nd plant, sales go past Titan Eyeplus
Lenskart closed the financial year ending March 2020 with total sales doubling to over Rs 1,000 crore, taking a major lead over the sales of Titan’s eyewear business, which grew at 6% to Rs 544 crore during the same period. Sales of the SoftBank-backed unicorn (startup valued at over $1 billion) had stood at Rs […]
Top tips for making your NZ Xero Awards nomination stand out
It’s been a particularly busy year for accountants and bookkeepers. The impacts of COVID-19 meant small businesses were working with their advisor on an almost daily basis to make sure their business could get support to weather the storm. From helping clients apply for wage subsidies and loans, to preparing cash flow forecasts and scenario […]
Facebook News to soon pay Indian publishers for their content
Facing political heat in India, the social networking giant on Tuesday said it will pay news publishers in the country soon via its Facebook News to ensure their content is available in the new product. Facebook News, that was launched in the US last year, will soon arrive in the UK, Germany, France, India and […]