NEW! Xero Simple
To support sole traders or landlords who aren’t VAT registered and who need to get ready for Making Tax Digital for Income Tax (MTD for IT), Xero has launched a new solution, Xero Simple.
A new subscription plan, Xero Simple is just £7+VAT per month.
What does it include?
Xero’s features list for its Simple package includes the following:
- Send Quotes and 10 Invoices per month
- MTD for Income Tax Ready – Submit quarterly updates and final declarations from Xero (beta available, subject to registration and eligibility)
- Reconcile Bank Transactions easily
- Hubdoc included for easy capture of bills and receipts.
- Short term cash flow and business snapshot
Some businesses already using Xero may benefit from moving from their existing subscription to Xero Simple, and we’ve advised some clients already to do so. Please be aware though that Xero Simple isn’t available for Limited Companies, but only for Sole Traders and landlords. If you’re a Limited Company, the cheapest subscription option is ‘Ignite’.
You need to be careful that the ten invoice a month limit isn’t going to cause you an issue, but if you’re unsure, get in touch and we can chat you through it.
Don’t Miss Out!
Until July 31st 2025, a Xero Simple subscription is discounted by 90% for six months, so don’t miss out on this one if you think it’d be a better option for your business!
Find out more about Xero Simple here.
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