Blog

19 August 2020

Best bookkeeping, accounting and MTD software features

When you’re looking for a new bookkeeping, accounting or MTD software there are lots of great features you should look out for to help you make your decision. What bookkeeping means for your business Bookkeeping is the process of recording business… Read more

18 August 2020

Meet the Makers: Johanna

You've previously met Anna, our product product specialist who met Bokio's CEO in the tracks. Now meet our brilliant support team leader Johanna who enjoys balancing working at Bokio with training her very good dog Ozzy! Transcript Bokio is very… Read more

17 August 2020

What are opening balances?

Opening balances are the amount of money in an account. It is usually brought forward from an accounting period. This could be from the start of an accounting period, the end of the previous accounting period, or when you start a new company. How do… Read more

12 August 2020

The best MTD software features

When you’re choosing a software to comply with Making Tax Digital, there are some key features you should look out for. Your software must be MTD compatible The most important thing you need to be aware of when choosing your MTD software is that it… Read more

10 August 2020

Company Bonus or dividend?

Confused about the difference between a company bonus and dividend? Find out what you need to know. What’s the difference between a company bonus and dividend? A bonus is a one off payment made to an employee or director of a company. Dividends are… Read more

3 August 2020

Best free bookkeeping software features for small businesses

When you’re choosing your bookkeeping software, you need to know which features can help you manage your finances. Here’s a quick guide to which features you should look for, what they do, and how they can benefit your business. Bank feeds Bank… Read more

3 August 2020

Was your organisation prepared for remote working?

During these difficult times, many businesses have moved to remote working with little chance to prepare. Thankfully, there’s technology already available, like online tools and accounting software, which can make it easier to keep things running… Read more

24 July 2020

Why it's important to choose the right MTD software for your business

Making Tax Digital can seem like a big change for small businesses. But, choosing the right MTD software can make all the difference! Here’s a quick guide to why you need the right software. What is Making Tax Digital? Making Tax Digital (MTD) is… Read more

24 July 2020

Tax on dividends guide

If you’re curious about dividends, and what tax you may need to pay on them, here’s a helpful guide to help you get started. What are dividends? Dividends are payments you might receive if you own shares in a company. For example, as a shareholder… Read more

22 July 2020

Best free accounting software features

When you’re choosing your accounting software, you need to know which features can help you manage your finances. Here’s a quick guide to which features you should look for, what they do, and how they can benefit your business. Bookkeeping The first… Read more

20 July 2020

What allowances can I claim as self employed?

There are several different allowances you can claim as a self employed person; a Personal Allowance, capital allowance, tax-free allowances and allowable expenses. What is a personal allowance? A Personal Allowance affects what amount of your… Read more

17 July 2020

Is Making Tax Digital good for your business?

Making Tax Digital for VAT came into force a year ago. Using an MTD software to do your accounting can have some great benefits for your business. Take control of your finances Using a digital accounting software can help you get a clear overview of… Read more

15 July 2020

Guide to running a UK business

When you run your own business in the UK, there are several things to consider, including registering your business, paying tax and choosing an accounting software. Starting a business When you start your business there are lots of decisions to be… Read more

15 July 2020

5 things to put in your invoice template

Sending invoices to your customers is key to getting paid. But what do you need to include? Here’s a quick guide to help you create your best invoice ever. 1. Your brand Creating a branded invoice will make it look professional. Use your brand… Read more

13 July 2020

When are VAT Returns due?

Paying your VAT Return on time is really important to avoid any penalties from HMRC. Your VAT Return payment deadline can be found in your HMRC VAT online account or MTD software, and it will vary between businesses. You can also find out when the… Read more