We LOVE Xero Accountancy Software at Insight Finance Solutions. It makes our clients’ lives so much easier and makes keeping track of your business finances a doddle. From 15 September 2022, Xero are making changes to their pricing structure. Helen explains how this change may affect you…
As a cloud company, Xero continually invests in product development, regularly releasing updates and improvements for its customers. Like many businesses, they periodically review their subscription pricing to ensure it reflects the value of the product as it evolves, while allowing them to invest in what’s next.
What is The Price Increase?
From 15 September 2022, Xero’s plan prices for UK business plan customers will be as follows*
- Starter Package – Increase of £2 per month from £12 to £14.
- Standard Package – Increase of £2 per month from £26 to £28.
- Premium Package – Increase of £3 per month from £33 to £36.
VAT Cashbook, Non-VAT Cashbook, Ledger – No Change
* All pricing is in GBP and excludes VAT
How Does This Affect Me?
Xero invest heavily in product development and business critical areas such as cash flow, getting paid faster, automation and security. This year they’re focused on providing greater support for cash flow management and insight tools, and they’re working hard to ensure their software keeps us all one step ahead of any upcoming government changes to compliance.
The new pricing will automatically apply from 15th September 2022, and as a Xero Silver partner we are pleased to receive a 20% discount on Xero software, a saving that we pass directly to you, our valued clients.
For more information on the Xero price increase please visit their website here or, if you are unsure how or even if this change affects you, please feel free to get in touch with us.