A change has been announced to Xero prices. The pricing of two of its monthly subscription plans will increase from 1st August 2019, the Standard plan increasing by £2 per month and the Premium plan by £2.50 per month.

It’s been a long time since Xero prices changed, which was back in 2016, and since then the product has improved dramatically. Given that we encourage our clients to review their pricing on an annual basis as a minimum, it’s not a surprise that Xero have decided to change things!

Why have Xero prices increased?

The stated aim for Xero is to ‘change the game for small businesses’, and the innovations that they’ve come up with need to be paid for. None of us as businesses can continually invest and develop without an associates cost, and though Xero have been doing well i this regard, it’s now time to pass on some of that cost to its users.

What about Payroll, Bank Feeds, Expenses and other add-ons?

These prices won’t change – it’s only the subscription for Standard and Premium that are affected.

Is Xero still a good enough product to warrant the increase?

We think the answer to that is a resounding yes! We use Xero ourselves and strongly recommend it to many of our clients. There are so many ways to save time with the system, as well as to improve the quality of the information that can come out of it, whether by using some of the Apps or things like Projects and Rules. We don’t believe there is a comparable product on the market.

How can I find out more?

If you’re unsure whether the change in Xero prices will affect you, don’t worry! We’ve contacted all of our clients who will see an increase, but if you’re worried, please get in touch.

If you aren’t a client, and have your subscription through your accountant, they should have warned you by now; it may be worth asking them whether you’re affected. I you own your own subscription, you should have heard from Xero already.

 

You can find out more here: https://www.xero.com/blog/2019/05/uk-price-change-2019/