Archives for May 2023
Xero’s FY 2023 financial results
Today we announced Xero’s full year financial and operating results to 31 March 2023 (FY23). Having started my journey as Xero’s CEO in February this year, I’m pleased to share our strong FY23 operating results, and I’m deeply excited about our opportunity to help power the global small business economy. Our results demonstrate Xero’s resilience […]
LCF CEO gets 10 month suspended prison sentence
The Serious Fraud Office has secured a suspended 10 month prison sentence against Michael Thomson, the former CEO of failed mini-bond provider London Capital & Finance (LCF). The sentence, suspended for two years, was imposed at Southwark Crown Court today because Mr Thomson was found to have breached a restraint order on use of his […]
Investing For Nonimmigrant Visa Holders: Understanding Visa Types, Investment Challenges, And Tax Implications
Amid a tight job market and low unemployment rates, a significant amount of the U.S. ‘talent gap’ is filled by foreign-born workers on employment visas like the H-1B. These visas allow foreign workers to live and work in the country temporarily while they are employed – although in practice, this can mean that individuals can […]
Steps to ensure a seamless EOFY in Xero Payroll
If you’re anything like us, the shorter days and colder weather signals not only a change in season, but the nearing of another cyclical shift – the new financial year. With just over six weeks left in FY23, now’s the time to get organised. And a good place to start is with finalising payroll. This EOFY […]
The value of an advisor: 3 ways wealth managers save Americans money
NS&I raises Direct ISA rate to 2.4%
The interest rate NS&I pays on its Direct ISA account has been increased today from 2.15% tax-free/AER to 2.40% tax-free/AER. More than 333,000 NS&I customers are set to benefit from the increase. The savings organisation last increased the rate on its Direct ISA in January this year – while the rate on its Direct Saver […]
#FA Success Ep 333: Scaling A Small-Business-Owner Boutique To A $31M Retainer-Based Valuation, With Jim Dew
Welcome back to the 333rd episode of the Financial Advisor Success Podcast! My guest on today’s podcast is Jim Dew. Jim is the Co-Founder and CEO of Dew Wealth Management, an independent RIA based in Scottsdale, AZ, that provides virtual-family-office-style financial planning on a monthly retainer basis for 150 small-business owner entrepreneurs. What’s unique about […]
Business Update – 17 May 2023
Welcome to our Weekly Digest – stay in the know with some recent news updates relevant to business and the economy. The good, bad and indifferent of the Federal Budget: a small-business owner’s view The Federal Budget has both positives and negatives for small business owners, such as tax cuts and increased access to capital, […]
Shoutout to some of our favourite NFPs for National Volunteer Week!
At Reckon we have a deep-rooted belief in the power of volunteering. The simple act of giving up some of your spare time or resources to benevolently improve the lives of others is one of the most worthwhile things you can do. Whether these Not For Profit groups are our very own customers or are […]