Blog

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 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

29 June 2020

How to do bookkeeping

When you run your own business, bookkeeping becomes an important part of keeping your finances in check. Here’s what you need to know to get started. What is bookkeeping? Bookkeeping is when you record your transactions. This includes purchases,… Read more

26 June 2020

New features! Fixed asset management and mobile app updates

In this week’s release, you can now manage fixed assets with Bokio. Plus, there are more updates to our mobile app. Fixed asset management You can now register your assets while recording transactions, manage them, and apply depreciation as… Read more

23 June 2020

Forget spreadsheets and use cloud accounting

Spreadsheets have become a common way of managing your finances for free. But is it the best way to be managing such important information? What is accounting in Excel? When you start your own business, keeping costs low is especially important.… Read more

22 June 2020

Benefits of accounting software for small businesses

If you’re a small business or sole trader looking at how to do their accounting, choosing an online accounting software is a great option. Intuitive online solutions have lots of benefits to save you time, get organised and understand your finances.… Read more