“The digital future is already here. It’s way past time to fully adopt the cloud”

Posted on June 28, 2022Categories Advisors, Compliance

Once upon a time the cloud was new and strange, and you could exceed in business without paying it any mind. That time has long since passed. With the onset of the pandemic, and changed work patterns, it’s not surprising that the uptake of cloud computing has surged both nationally and around the globe. Figures from 2022 suggest 94% of all enterprises worldwide already use a cloud service, and the market is expected to reach $623.3 billion by 2023. “With … Continue reading ““The digital future is already here. It’s way past time to fully adopt the cloud””

What’s next for Xero’s STP Phase 2 roll out

Posted on June 28, 2022Categories Advisors, Bookkeepers, Small business

Changes are on the horizon for Single Touch Payroll (STP) Phase 2, the next stage of the STP journey. This will see Australian businesses build on their existing reporting to share more information each pay cycle. To help you make the transition, Xero is rolling out these changes in three stages ahead of our deferral deadline later this year, with the majority of updates available from August. We previously shared a broad overview of this rollout. Now, as we get … Continue reading “What’s next for Xero’s STP Phase 2 roll out”

The countdown is on to Xerocon Sydney 2022!

Posted on June 28, 2022Categories Advisors, Bookkeepers, Xero news

Since the pandemic’s arrival, advisors have carried the weight of small business survival on their shoulders. But now, we’re entering a new chapter in our nation’s pandemic journey. Although challenges lie ahead, opportunities for growth, innovation and human connection are all within reach. This is why, after a two-year hiatus, we couldn’t be more excited to enter this new era with a celebration. That’s right, Xerocon is back for 2022!  Dubbed the ‘Coachella for accountants’ or the ‘Burning Man for … Continue reading “The countdown is on to Xerocon Sydney 2022!”

The golden rules to avoid a massive tax bill as a sole trader

Posted on June 22, 2022Categories Advisors, Compliance, Small business

It happens every year. Sole traders around the country tread steadily toward the end of financial year on 1 July, until suddenly, their chest tightens with panic. Hot on their lips is the nail-biting question: what if I don’t have enough coin in the bank to pay my tax bill? Most sole traders will know that they’ll need to file their business tax return to the ATO between 1 July and 31 October. However, unlike regular taxpayers who may receive … Continue reading “The golden rules to avoid a massive tax bill as a sole trader”

Staying sane during tax time

Posted on June 13, 2022Categories Advisors, Compliance, Small business

It’s almost 1 July, you know what that means right? Tax time is looming, and it’s time to finalise your EOFY to hit the ground running. You’ll need to organise tax returns, refresh your business plan, balance your books, do a year in review, consult with your accountant, and ensure absolute compliance with the ATO. But you knew that already. It also means a few metric tons of brow-furrowing pressure and stress. Make no mistake, tax time is stressful, and … Continue reading “Staying sane during tax time”

Optimising accounting technology for remote workplaces

Posted on June 13, 2022Categories Advisors, News, Technology

For better or worse, the pandemic has disrupted the accounting industry forever. Dave Francis, General Manager of APS, has witnessed enormous changes industry wide. One of the most significant has been a distinct shift in where work is done. Since the onset of COVID-19, adopting new working patterns has been a necessity for many firms. While some pandemic-borne trends are fleeting; hybrid and remote work models are here to stay. Keep this front of mind when investing in business technology. … Continue reading “Optimising accounting technology for remote workplaces”

Diversity and inclusion in tech with Take2

Posted on June 13, 2022Categories Advisors, Bookkeepers, Small business

Here at Xero, we actively support diversity, inclusion, and belonging in the workplace. We recognise that a diverse workforce is a strength that enables businesses, including ours, to better understand and serve customers, attract top talent and innovate successfully. Part of our work in this space in Aotearoa/New Zealand has included working alongside a charitable organisation called Take2. The kaupapa (purpose) of Take2 is to teach incarcerated individuals to code, enabling meaningful employment opportunities and ultimately breaking the cycle of … Continue reading “Diversity and inclusion in tech with Take2”

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”