Chancellor Jeremy Hunt has halved the tax-free allowance for dividends from £2,000 to £1,000 per year. It will be reduced further to £500 from April 2024. Keith Churchouse, founder at Chartered Financial Planner Chapters Financial, said the review of dividend allowances could lead Financial Planners to review their approach to General Investment Accounts. He said: […]
Archives for 2022
Kitces & Carl Ep 99: What Does It Take For You To Find The Confidence To Take Action?
For many financial advisors, improving business development strategies can be a challenging task to address. With the myriad tools available to advisors that help them analyze the potential outcomes of their ideas and strategies, collecting the data to do so has become easier than ever. At the same time, though, over-analyzing strategies prior to implementing […]
Kitces & Carl Ep 99: What Does It Take For You To Find The Confidence To Take Action?
For many financial advisors, improving business development strategies can be a challenging task to address. With the myriad tools available to advisors that help them analyze the potential outcomes of their ideas and strategies, collecting the data to do so has become easier than ever. At the same time, though, over-analyzing strategies prior to implementing […]
Xero establishes a technology base in India
I’m excited to share that we’re establishing a Xero base in India, where there is deep technical talent, to enhance our existing hiring and development programs for technology roles. Through a strategic partnership with Infosys, a global digital services and consulting company, we’re setting up a Xero-managed centre of technical talent at an Infosys campus […]
Changes are coming to auto super in Xero Payroll: What you need to know
From late November 2022, we’re introducing a new safety measure for automatic superannuation (auto super) payments within Xero Payroll. This requirement will see new and existing customers connect an active bank feed to their registered auto super account. Why? With this added layer of protection, we’re working to provide a safer way for you to […]
Finding the fintech that fits your advisor life, with CircleBlack CEO Lincoln Ross
It’s time small businesses get the support they need to thrive
Today, we presented our “Small business. Big opportunity” manifesto to the UK Government. In this report, we’ve made some crucial recommendations to deliver meaningful policy support to small businesses – the backbone of our economy. At Xero, we understand the challenges our small business customers and accounting and bookkeeping partners face. And I’ve met many […]
Former HSBC exec named Scottish Widows CEO
Former HSBC global head of strategy Chirantan Barua has been appointed as the new CEO of insurance, pensions and investments provider Scottish Widows. Mr Barua will join Scottish Widows next year following current CEO Antonio Lorenzo’s retirement. Before joining HSBC, Mr Barua was a partner at management consultancy McKinsey & Company’s financial services practice. Previous […]
Discussing Inflation And Market Turmoil Using Questions To Navigate Difficult Client Conversations
With inflation running hot, a potential recession looming, and both stock and bond markets seeing significant drops so far this year, there is no shortage of potential stressors for financial planning clients. And as crises arise and stress builds up, some clients may reach a tipping point where they seek out their advisor looking for […]
Apps to help solve four common small business pain points
Apps can help automate your admin, generate insights, manage your day-to-day operations and give you access to deep analytics for smarter business decisions. Here are some of the most popular apps in the Xero App Store that integrate with Xero to help tackle some common business challenges. 1. Getting paid quickly In business, cash flow […]