In today's competitive business landscape, small businesses need every advantage they can get. One way to gain an edge is to use cloud-based accounting software like Xero. Xero is a popular choice for small businesses because it is easy to use, affordable, and scalable. It also offers a variety of
Claiming VAT on Mileage
If you are an employee or a director and use your own car for business travel, your company can reimburse you in the following way (tax-free payments); 45 Pence per mile for the first 10,000 miles, every tax year. 25 Pence per mile for any miles in excess of 10,000. The above cover the cost of
How to get the most out of Xero right from the start
When you start using Xero, you’ll wonder how you ever managed without it. We’re big fans here at Taxlab and know how happy clients are when they can see their cash flow situation whenever they want, send online invoices, pay bills and run their businesses more effectively. While we set up the basics