We’ve got some great news for Monzo users. They’re launching a business bank account and, with it, an integration with Xero! Once you’re up and running, you can link Xero directly to your Monzo business account and securely import your transactions each day. It’s an entirely digital process to get your bank feed set up – no paper forms to Continue Reading
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Driving and staying in the EU after 31 October 2019
If, as our new government intends, we leave the EU after 31 October 2019, with or without a deal, what changes will drivers and travellers from the UK be likely to face when they cross the channel after this date? Bus and coach drivers According to the latest updates on the Gov.uk website bus and…
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Enhanced redundancy cover for parents
The present legal protections against redundancy is to be extended by six months for new mothers returning to work. Parents returning from adoption and shared parental leave will also be protected. The move comes in response to a government consultation which found that new parents continue to face unfair discrimination. Research estimates that up to…
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Rules on gifts made to loved ones should be simplified, says the OTS
Fewer people should have to pay tax on gifts made to loved ones in the years before their death, according to the Office for Tax Simplification (OTS). Under the current rules, inheritance tax of up to 40% is paid when someone dies within seven years of making a gift. The OTS called on the Treasury…
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