Posts in July

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Xero ready for UK VAT change

The chancellor recently announced a temporary cut in the VAT rate from the standard 20% to the reduced rate of 5% for certain supplies in the hospitality and tourism sector. The aim of the change is to boost the economy and encourage consumer spending in the sector. We’re pleased to say that we’ve already got… [Read the full article »]

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Re:start – creating the right mindset, toolset and skillset to rebuild South Africa’s economy

Last week we hosted our Re:start 2020 digital series for accountants and bookkeepers in South Africa. It was great to see so many of our community come together over the three days – with almost 1,000 of you joining us each day!  It’s been a challenging few months for everyone, but the accounting industry in… [Read the full article »]

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Xero calls on UK Small Business Minister for digital campaign to accelerate SME recovery

Small businesses have been facing one of the biggest economic challenges in history. As the economy starts to reopen and small firms look to rebuild, closing the digital divide will be essential in helping SMEs bounce back more quickly.  It was this message that our UK managing director, Gary Turner emphasised this week during an… [Read the full article »]

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Why building a customer database is good for business

Shifting your business to the cloud opens you up to a world of new customers. They can come from far and wide to access your products and services. But how exactly are you supposed to manage your new customers without having visibility over who they are?  The following blog provides you with practical and informative… [Read the full article »]

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Open your business to the world by moving to the cloud

Now more than ever, businesses recognise that to grow faster and smarter, they need to be online and in the cloud. As more consumers are shifting their spending from visiting bricks and mortar stores to online shopping, businesses need to shift too. Having an online presence not only allows you to stay in the game… [Read the full article »]

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Tips for staying engaged with your customers

Customers are the lifeblood of your business. That’s why it’s crucial to form authentic relationships with them. Instead of bombarding your customers with sales pitches, why not enhance your engagement with a few simple strategies? This means interacting with them in a meaningful way, a way that makes a memorable impact. A way that makes… [Read the full article »]

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Cash flow forecasting guide: Make more informed business decisions

Financial planning has become a regular exercise for the majority of businesses and their accountants. This enhanced financial scrutiny is a new way of working for some and should remain in place as best practice for the long term.  To help with this, there are some amazing apps that work seamlessly with Xero to forecast… [Read the full article »]

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Harnessing the power of data

I think it’s fair to say that we are all aware of the power of data through technology. It’s been used to predict political outcomes, it’s been misused, but it can, and, should be used for good.  Introducing the Good Data Institute (GDI) The GDI came about when a group of friends working in the… [Read the full article »]

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Starting your own accounting practice? Here’s a how-to guide

Just as every cloud has a silver lining, every crisis brings opportunities for those looking to make a change. For some accountants, the current shake-up is just the push they needed to set off on their own. We spoke to Sam Newton, who has made the leap and launched his own firm, Gravitate Accounting, to… [Read the full article »]

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E-invoicing and what it means for small businesses

As governments around the world enforced shutdowns to ensure public safety, many digital initiatives that were previously a low priority became critical for business continuity.  At the same time, the Singapore government stepped up its support to help local businesses with digital adoption. For example, the Fortitude Budget announced at the start of June included… [Read the full article »]

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