Prime Blog

October 2016

Xero now has direct bank feeds from Barclays bank!

We first began using Xero, ‘the world’s most innovative growth company’ (Forbes 2015 & 2016) way back in 2009. Later that year Xero was the first cloud accounting software provider in the UK to introduce automated bank feeds, followed by aggregated bank feeds the following year. Back then most UK banks didn’t have the internal infrastructure to offer direct feeds, so aggregated feeds were the only realistic solution, although requiring more housekeeping.

The Prime Accountants Group Award

On Monday 10th October, Prime attended the Solihull College & University Centre’s annual graduation ceremony. The ceremony was a momentous occasion for the graduates and the college, showcasing the achievements and hard work of the students.

Research and Development – Are you taking advantage?

The R&D scheme is a tremendously generous tax relief which can secure substantial tax repayments, even for loss making companies which have paid no corporation tax. The incentive is designed to encourage innovation and increased spending on R&D activities by companies operating in the UK.