What is Xero
What is Xero?
Xero is an easy to use but powerful online accounting system that is designed specifically for small businesses and allows you to stay in control of your finances. The privacy and security of your data are taken care of and are stored on Xero’s secure servers, where it is backed up regularly. This means even if your computer is lost or stolen your data is safe. As it is online there is no need for you to load any software onto your computer and you can run your business and access your accounts from work, at home, or on the go – wherever you are provided you have access to the Internet. Even from your smartphone. You can automatically import your bank statement data, you can reconcile data simply and quickly, and most importantly you can have an accurate real-time view of the health of your business.
The CIS Tax Rebate is a refund of tax to subcontractors in the Construction Industry Scheme (CIS). Unlike other sole traders, CIS workers pay tax at source – just like PAYE (Pay as you earn) employees. This tax is deducted and paid to HMRC(Her Majesty’s Revenue and Customs) by their contractors – normally every month. So at the end of the year, the tax paid could be too much and subcontractors should use the tax return to claim a CIS tax refund. Being self-employed you need to file a Tax Return to report your earnings for the period and claim any tax which you have overpaid during the year.
As Xero Certified Advisors we can assist you with your initial set together with initial and on-going training and support. We can also help you to convert your data from Quickbooks & Sage to Xero for a fixed fee. If you would like a demonstration, free trial or would like to convert data please contact us on 0800 644 1258 or email us at [email protected]
Prices & Discount with us:
Xero prices only start from £9 plus vat a month for starters Medium and large packages are £20 plus vat and £30 plus vat respectively. We will offer you a 15 % discount off RRP if you pay the subscription through us.