Blog

7 January 2021

How to save money in your business

How can a business save money? It’s always a good idea to make the most of your budget and keep costs as low as possible. Here are 7 things you can do to reduce how much you spend running your business! 1. Do budgeting and forecasting Budgeting and… Read more

4 January 2021

What are fixed assets? How to record them in accounting

If you’re purchasing assets for your business, it’s a great idea to know the different kinds of fixed assets you can have, and how to record them correctly in your accounting. What are fixed assets? An asset is something that you own in your… Read more

16 December 2020

New features! Add previous Fixed Assets

In our latest release, now you can add previous Fixed Assets. Plus, send quotes to your customers from Bokio. Add previous Fixed Assets Now Bokio supports adding previous Fixed Assets! This means that our Asset Management features now lets you… Add… Read more

14 December 2020

How to prepare for Self Assessment

With the Self Assessment tax return deadline coming soon in January, we share what you need to do to prepare for submitting your return. When is your Self Assessment tax return due? The deadline for online submission is midnight 31 January 2021. The… Read more

9 December 2020

Update on COVID government support for businesses

During this uncertain time, we understand that COVID-19 will impact small businesses. We wanted to let you know the latest government support that could affect your business. Updates to the furlough scheme The Coronavirus Job Retention Scheme… Read more

7 December 2020

How to choose a business premises

If you don’t want to run your business from home, there are lots of options when it comes to choosing a business premises. Here’s what you need to consider when making your choice. Know what kind of premises you’re looking for Depending on your… Read more

2 December 2020

5 employee management tips

Building a team that can help grow your business means you need to manage your employees the right way. Here are some quick tips to help you get started. Hire a strong team Managing your employees starts with hiring the right people. This will allow… Read more

30 November 2020

HMRC tax deadlines for 2021

With 2021 around the corner, it’s a good idea to keep track of the tax deadlines that could affect you and your business next year. The tax year runs from 6 April 2021 to 5 April 22. So, the current tax year will end on 5 April 2020. Self Assessment… Read more

25 November 2020

How to increase productivity

Feeling unproductive? Don’t worry! Here are 7 quick tips that you can try to help you increase your productivity. 1. Make sure you have the right tools Having the right tools to do your job means you don’t need to waste time on finding a solution!… Read more

23 November 2020

How to do an invoice

Getting paid is critical for the livelihood of your business. You need your customers to pay on time and be aware of the terms and conditions attached to the transaction. So, sending out complete invoices with a professional look is important! Get… Read more

18 November 2020

Guide to late filing penalties

It’s really important to file your taxes on time! If you don’t, you can face penalties from HMRC. There are several different taxes you may need to pay if you run a small business or work self employed. You can find out more about the taxes you may… Read more

16 November 2020

Guide to Capital Gains Tax

Capital Gains Tax can seem complicated! We take you through it step-by-step so you know what to do if you dispose of your assets. What is Capital Gains Tax? When you dispose of an asset that has increased in value you’ll need to pay Capital Gains… Read more

11 November 2020

How to run a sustainable business

Business sustainability is the long term impact of your operations. Economic, environmental and social impacts are all considered, so sustainability covers a lot! Here’s what you need to know about running a sustainable business. Long term economic… Read more

9 November 2020

8 networking tips for entrepreneurs

Networking is a great way to grow your contacts, spread the word about your business, and offer a helping hand too. Here are 8 quick tips to help you get started. 1. Use social media Social media is a simple way to get started networking. From… Read more

4 November 2020

7 tips for founding a startup

Got your great idea, and ready to found a startup? Here’s 7 tips to help you get going. What is a startup? A startup is a new or young company founded by entrepreneurs. It has a unique product, and seeks to fill a gap in the market. Startups are… Read more