On 24th March 2026, the UK government announced the toughest crackdown on late payments in over 25 years, describing it as the largest set of reforms in over a generation. The changes are designed to protect small and medium-sized businesses (SMEs),and improve SME cash flow, in turn improving cash flow across the wider economy. These…
read moreHow to do end of financial year on Xero The end of the financial year can be a stressful time for businesses, particularly within finance teams. Companies of all sizes will be familiar with some of the problems that can arise as the deadline looms. the health of your business and therefore it is…
read moreWhy Xero accounting support packages can help your small business At MSP Secretaries, we pride ourselves on providing best-in-class expert services. That’s why we use Xero accounting support - one of the best accounting tools on the market - to enable the smooth running of our client operations. Founded in New Zealand in 2006,…
read moreWhat is the Difference Between Bookkeeping and Payroll? What is the difference between bookkeeping and payroll? Correct management of company finances is a crucial part of running a business. It enables well-organised storage and accurate analysis of your financial status. It is key to ensuring that employees and vendors are paid correctly and on…
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