How did SMEs fare in the federal budget?

Posted on May 22, 2021May 22, 2021Categories Tax

This year’s federal budget will stand as one of the most significant announcements for SMEs in memory. With Australia recovering from a pandemic-induced recession and still mopping up after damaging business restrictions, SMEs listened closely to see how they’d be treated in the budget. With small businesses in mind, we scoured the federal budget measures that were revealed last night by the Treasurer to find what matters to SMEs. How have SMEs fared in this year’s budget? What measures have … Continue reading “How did SMEs fare in the federal budget?”

STP is changing this EOFY: What do Australia’s advisors need to know?

Posted on May 22, 2021May 22, 2021Categories Advisors, Bookkeepers

As an accountant or bookkeeper, you might consider yourself an old hat when it comes to Single Touch Payroll (STP) by now. The ATO initiative has been around for nearly two and half years to help employers establish real-time digital payroll reporting including salaries, wages, PAYG withholding tax and superannuation information. With STP having been rolled out in stages, some small businesses have been offered exemptions from the initial deadlines. That is, up until now.  This EOFY, most small business … Continue reading “STP is changing this EOFY: What do Australia’s advisors need to know?”

Spotlight Reporting: Bring your business data together

Posted on May 22, 2021May 22, 2021Categories Advisors, Bookkeepers, Small business

Xero connects with over 1,000 apps that help small businesses and their advisors succeed. Each month we celebrate an app partner who stands out for helping small businesses thrive. Find out more about becoming a Xero app partner here. This month, we’re excited to celebrate two significant milestones with our app partners. It’s been over 10 years since we certified the first apps to connect to Xero. And over this time we’ve grown, with over 1,000 apps now connecting to … Continue reading “Spotlight Reporting: Bring your business data together”

Aussie advisors: Get EOFY ready with FY21’s key product releases

Posted on May 10, 2021May 22, 2021Categories Advisors, Bookkeepers

Following the arrival of the pandemic, the way we live and work has changed for good. And after what was undoubtedly their busiest year yet, Aussie advisors have been reminded just how crucial it is to streamline their processes. In response, the Xero team has worked to meet you there, updating our product in line with everything from legislative requirements to the need for even greater flexibility. Amidst the chaos of the past 12 months, it’s possible that you may … Continue reading “Aussie advisors: Get EOFY ready with FY21’s key product releases”