July 2020

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

23 July 2020

Benefits of choosing cloud accounting software

Choosing a cloud accounting software can have some great benefits to help you run your business! Here’s why... Automation saves you time Automated features can make it quick to do your accounting. You can use bank feeds to import transactions,… 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

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

10 July 2020

Government Plan for Jobs scheme revealed

The government has released a new Plan for Jobs, which aims to help key industries, furloughed workers, and young job seekers affected by the corona crisis get back to work. Jobs Retention Bonus for furloughed workers The furlough scheme will wind… Read more

8 July 2020

Why now is the time to start your own business

Starting a business in the current climate might seem daunting. But, there are some opportunities which could make now a great time to start your business. Option for innovation At the moment, there are lots of things that people can’t do the… Read more

6 July 2020

How to apply for MTD exemption

If you’re wondering about Making Tax Digital exemptions, or want to find out how to apply, get all the answers you need in this quick guide. Am I already exempt from MTD? You might already be automatically exempt from Making Tax Digital! This will… Read more

3 July 2020

Tips for managing small business accounting

Managing your small business accounting can seem like a daunting task. But, with a clear plan, it’s simple to keep track of your finances and get the information you need to help your business grow. Keep an eye on your books Taking the time to check… Read more

1 July 2020

Why your clients will love cloud accounting

As an accountant, it’s important to give your clients the right solution to manage their finances. Cloud accounting is a great option, with lots of benefits for both your clients and yourself. Simple to use Cloud accounting software should be easy… Read more