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During lockdown, we have seen a boom in subscription-based, online services, but how does the financial and accounting side of a business change when sales are measured by subscriptions?

Taking control of your accounting shouldn't be complicated. Xero manages invoices, syncs with e-commerce platforms and allows for custom API solutions.

Making Tax Digital is an initiative by the Conservative government to “make it easier for individuals and businesses to get their tax right and keep on top of their affairs” with the creation of a digital tax system.

For small businesses, payroll outsourcing services such as Xero payroll (via a certified business accountant) takes care of every aspect of payroll, including salary payments, pension contributions, HMRC submissions and more.