The latest from Xero

The latest from Xero

The latest from Xero

Auto enrolment is now available with the following features:

  • Staging dates – if not already enter Xero will enter for you
  • Postponement date for both employees and the company
  • Automatic assessments

Coming soon will be:

Automatic transfer of information to the pension provider

Automatic employee communications

Pension types available are:

  • Net pay:
    • Pre Tax
    • Salary Sacrifice
  • Relief at source post tax

Payroll Year end

Available from the 16 March:

  • P60s in PDF format and emailable
  • P11 report

Available after 5 April:

  • Scottish tax codes
  • FYS will be sent automatically
  • The increase in the employers NI relief will be updated automatically
  • The change from the 1060L to 1100L will be done automatically but not any other tax code.

For more information have a look at Xero’s website.

Any questions on these or Xero in general please contact us.

New Xero Payroll Function

New Xero Payroll Function

New Xero Payroll Function

This week some of the Lewis Brownlee team took time out of the office to attend “Xerocon” in London, and what a worthwhile experience it was.

850 accountants in a room talking about accounting in the cloud, innovation and most importantly how we can help small businesses grow.  All of the speakers were excellent, with one particular highlight being a talk from Karren Brady who knows a great deal about running small businesses!

The big announcement from Xero was the introduction of its payroll function from March.  This is a long awaited enhancement to the package and it did not disappoint!

https://www.xero.com/blog/2015/02/getting-ready-uk-payroll-xero/?utm_sou…

If you are already using Xero and running your own payroll we need to discuss with you how to make the change to Xero payroll.  If you sign up before the end of March the price is fixed for two years.

If you are not already on Xero because of the lack of payroll function, now is the time to act.

Please get in touch and we can talk you through how this can work brilliantly for you!