HMRC Introduces New System to Tackle Scam Phone Calls

HMRC has introduced a new system designed to prevent criminals from spoofing government helpline phone numbers. According to HMRC, criminals often use 'official' helpline numbers to convince taxpayers to part with large sums of money. In 2018, HMRC received 104,774 reports of so-called 'phone scams' – a significant rise when compared to 2017's figure of … Continue reading HMRC Introduces New System to Tackle Scam Phone Calls

EU Standards to Affect Xero Banking

From 24th September 2019, new EU Standards will change the way that some banks connect to Xero. To comply with the new requirements, many of Xero’s bank feeds will be replaced with new direct feeds using Open Banking. Open Banking was designed to encourage competition in the banking industry, giving customers greater choice and control … Continue reading EU Standards to Affect Xero Banking

Expanding Your Business: Are You Ready?

From adapting to suit your clients’ needs, to branching out into new markets, there are many reasons for growing your business. Here, we outline some areas to consider before deciding to expand. Making an informed decision Carrying out thorough research is crucial in helping you to make an informed decision. Conduct market research to establish … Continue reading Expanding Your Business: Are You Ready?

Spotlight on Charities

Although charity law varies across the UK, charity governance is very much in the spotlight. In a recent report, the Charity Commission for England and Wales (CCEW) suggested that nearly 40% of small charities were submitting inaccurate financial information. Small charities are defined as those with annual income below £25,000, and this category makes up … Continue reading Spotlight on Charities