Xero has partnered with Crezco, an FCA-authorised open banking provider, to launch a streamlined bill payments solution for UK small businesses. Find out how it works in this article.

The UK government has announced a significant £13.9bn investment in research and development (R&D), with a focus on harnessing new technologies to support the country's economic growth agenda.

This week, a host of new laws will be coming into effect, including important updates to payroll, parental leave, and National Insurance Contributions (NICs). Below, we’ve outlined the key changes set to impact businesses in the UK, all effective from April 1st and April 6th.

If you’ve been a little lax about making tax payments on time, you might want to take note of some big changes coming in April 2025. In a bid to close the tax gap, the UK government has announced some hefty penalty hikes for those who miss tax deadlines. So, what does this mean for you?

Discover the best grants and loans available for small businesses and how to successfully apply for them this year. Securing finance is a vital step in launching a business, and a grant could be just what you need to get started or breathe new life into your venture.

With the start of the new tax year on 6 April 2025, businesses must prepare for several key tax changes and initiatives introduced in the 2024 Autumn Budget under the new Labour government.

A survey of 2,000 UK car owners conducted by used car retailer Motorpoint revealed that 83% of EV owners were unaware of the impending increase in vehicle excise duty (VED) tax from April 2025.

Businesses and directors need to be aware of the changes to employment law and specific taxes coming into effect on April 1st.

There is now one merged R&D scheme for small and large companies instead of two separate schemes. In the accounting period beginning after 1 April 2024, everyone planning to claim R&D Tax Credits will be affected by the change.

As 2024 came to a close, Xero surveyed small business owners to find out how they were feeling, what was driving their positive or negative outlook, and how recent interest rate cuts had impacted their business.