Accountants in London | Online Accountancy Services

Xero

What is Xero?

We have partnered with Xero to provide an online accounting system, ideally suited to SMEs (small and medium sized businesses), providing easy access to all your accounting and customer information anytime you need it, wherever you are in the world. It is an easy to use and flexible way to manage your business's finances.

Why Xero is great for SMEs:

  • You can see in real time your business to help you manage your finances better
  • You can set up a direct feed from your bank account straight into Xero to make it easier and quicker to process transactions
  • You can produce your invoices which are automatically entered into the system
  • You only need to input all data once to give you easy book-keeping
  • You can generate management information reports
  • You can handle all your expenses
  • You don't need to worry about updating the software, making backups or data security - it's safe and secure
  • As your accountant, we can also access your data in Xero in real-time, to share your data so allowing us to provide you with proactive support throughout the year
     

Xero Certifed AdvisorAccounting Help are Xero Certified Advisors

To view short videos of how the system works click on the links below:

Introducing Xero
Bank reconciliation
Invoicing
Expense claims
Multi-currency

If you have an iPhone or BlackBerry take a look at this!

Accounting Help

Tax Rates

Income tax 2008-09 2009-10
Tax-free personal allowance (under 65) £6,035 £6,475

Starting rate: 10%

(applies to savings income only)

£0-2,320 £0-£2,440
Basic rate: 20% £0-£34,800 £0-£37,400

Higher rate: 40%

(dividends: 32.5%)

Over £34,800 Over £37,400
Capital Gains 2008-09
Annual Exempt Amounts for individuals £9,600
Corporation tax (rates for financial years starting on 1st April) 2008-09 2009-10
First £300,000 21% 21%

Next £1,200,000

29.75% 29.75%
Over £1,500,000 28% 28%

Tax credit on dividends

10% 10%
Approved HMRC mileage rates First 10,000 business miles in the tax year Each business mile over 10,000 in the tax year
Cars & vans 40p 25p

Motor cycles

24p 24p
Bicycles 20p 20p
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