PM SVANidhi Loan scheme is launched under Atma Nirbhar Bharat. This loan scheme is launched in June 2020. The prime purpose of this loan is to provide affordable working capital to a small vendor which are adversely affected due to COVID-19 Lockdown. This scheme is in addition to the e-Mudra scheme. Under e-Mudra any MSME […]
Archives for 2020
The Latest In Financial #AdvisorTech (November 2020)
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Tax-News.com: UK MPs Join Calls For Making Tax Digital Rethink
The UK’s Public Accounts Committee has recommended that the UK tax authority first review the potential administrative burden and cost on taxpayers before further expanding its Making Tax Digital initiative.
Do you need to complete a Self Assessment Tax Return?
There are just 3 months left until the deadline for submission of your tax return for 2019-20. Late and non submission will incur penalties starting at £100 and will increase if the return is over 3 months late. During this year the importance of submitting tax returns on time became clear because those who hadn’t […]
Latest product news – November 2020
We hope you enjoyed Xero On Air last month and are excited about all the product announcements we rolled out to customers and partners. If you’re an accountant or bookkeeper, don’t forget to keep an eye on our practice tools value map to see what’s available now and what’s coming soon. In the meantime, here […]
Business Funding Sources: Loans and Grants Beyond PPP
As of this writing, the chance to obtain additional federal COVID relief seems slim. Congressional negotiations are in limbo. That is bad news for small businesses that still need financial assistance to keep going or continue business growth. If your current resources are tapped out, try these ideas. Getting capital Right now, there are limited […]
How President Donald Trump got to Election Day in a turbulent 2020
President Donald Trump arrives at Southwest Florida International Airport ahead of a campaign stop in Fort Myers, Florida, U.S., October 16, 2020. Carlos Barria | Reuters For President Donald Trump, the year leading to Election Day was even more turbulent than the first three years of his tenure: an impeachment trial, racial unrest that unsettled […]
Porsche Driven By Missing Accounting Executive Alan White Recovered In South Dallas – CBS Dallas / Fort Worth
DALLAS (CBSDFW.COM) – Dallas police have recovered the vehicle driven by missing accounting executive Alan White, but his whereabouts remain a mystery. For his family, each new day brings both heartache and hope. “When I first got that call, I just went and sat in a chair and cried like a 5-year-old,” says his brother […]
Firestarter Android Malware Abuses Google Firebase Cloud Messaging
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Election 2020: Year-end tax strategy hedges for clients
With Election Day upon us, the prospect of a new president in the White House in January seems a distinct possibility. For high-income earners — those households making $400,000 a year — the risk is palpable for both increased income tax and estate and gift tax per the Biden tax plan. That’s why now is […]