From April 2020, rules regarding the amount of company car tax paid by drivers choosing pure electric vehicles are changing, offering significant tax savings for company car users. In addition, there are also tax savings for employers.
The Government has announced proposed increases to statutory payments from 1st April 2020 that include low-paid workers receiving the biggest cash increase ever with a National Living Wage (NLW) pay rise of 6.2%.
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If your business has an existing bank feed connected in Xero, it may be affected by new EU requirements which came into effect 14th September 2019, which changes the way some clients connect their bank to Xero due to open banking.
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