Amazon Charges HMRC More than It Pays in Tax

HMRC paid Amazon £11 million for web hosting services in 2018, more than six times the £1.7 million than Amazon’s main UK business paid in corporation tax.

A new report from the GMB union reveals that Amazon received more than £460 million worth of public contracts in the last four years.

Xero Launches First TV Advert

Following the introduction of Making Tax Digital for VAT, cloud accounting software provider Xero has launched its first UK television advert.

The not-so-typical accountancy ad shows a business owner come stunt driver changing the back wheel of his car while still in motion.

Xero’s Instafile Will Make January Tax Filing Much Easier
Editor | 14 February 2019
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Did you struggle filing your tax return last month? Xero’s acquisition of Instafile promises to make tax preparation much easier next time around.

Instafile, which is only available through Xero Partners like CloudAccountant.co.uk, automates tax filing and reporting by connecting small businesses directly with tax authorities like HMRC.

DEAR Inventory for Xero Supercharges Inventory Management

DEAR Inventory is a cloud-based inventory management system for small and medium sized businesses that need to keep track of inventory.
The Xero add-on is designed for much more than just managing inventory levels. DEAR Inventory has features for e-commerce, purchasing, sales and accounting and allows businesses to gain deep insights on their costs and profitability.

Why Spreadsheets are Holding Back Your Business

Is your business still using spreadsheets to manage its bookkeeping and accounts? It could be slowing you down and hurting your company.

Whether it is invoicing, checking figures or speaking to your accountant, spreadsheets more manual effort. Cloud-based accounting software automates many of these processes, making you more efficient

Would You Use This Xero Boss’s ‘Coffee Cup’ Interview Technique?

The boss of accounting software firm Xero Australia has revealed an innovative and somewhat controversial interview technique that he uses to weed out candidates that don’t fit with the company culture.

Trent Innes’ technique has nothing to do with skills or experience, it’s all down to how interview candidates deal with a dirty coffee cup.

Choosing Making Tax Digital for VAT Software

There is less than a month left for VAT-paying businesses to prepare for Making Tax Digital (MTD).

MTD is the government’s flagship tax digitalisation scheme that will require all businesses to keep digital records and file and pay tax online.

MTD for VAT is the first stage of the digital roll-out and takes effect from 1 April 2019.

How Will Brexit Affect Freelancers?

Brexit has dominated headlines and column inches for around two years now but with little certainty on how a final deal will look, it is difficult to know how lea

How to Have a Successful Small Business Saturday

Small Business Saturday is a relatively new celebration that celebrates the thousands of small businesses that help make Britain great.

The day itself is in less than two weeks, and there are lots of brilliant ways that shops, cafes and all sorts of other independents can get involved.

Here are our top tips for a successful Small Business Saturday.

Will Making Tax Digital Apply to My Business?
Editor | 30 October 2018
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Making Tax Digital is the latest HMRC campaign to modernise tax collection and make life easier for business owners.

The first raft of changes, which affects VAT payers, will come into force on 1 April 2019. But a survey from the British Chambers of Commerce reveals that 24% of firms have never even heard of the measure.

Making Tax Digital for VAT will apply to all VAT-registered businesses that have a taxable income over the VAT threshold of £85,000.

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