Getting ready for Making Tax Digital – use one bank account for “business” transactions
Whether you have rental income or run a business, many transactions will go through bank accounts. Many will use a […]
Technology
Which VAT code do I use in my software?
For VAT registered businesses, there are many VAT codes that can be chosen. It is easy to get them wrong,
Every business owner using cloud accounting software should do this…
Those using cloud accounting software will probably be aware of the many time-saving functions available such as bank feeds, recurring
Might the VAT flat rate scheme be beneficial to your business?
If you use the Flat Rate Scheme, you charge VAT to your customers (‘output VAT’) and pay VAT to your
Are you paying too much for electricity, gas, water, credit cards etc?
Whilst there are price comparison sites which can be used, these can take considerable time and effort to research the
SEISS checks by HMRC
The self-employed income support grants paid out are liable to tax and NI. HMRC systems are now automatically cross checking
Might you be liable to clawback of child benefit?
If you are claiming child benefit and your profits or salary increase, you may find you have a larger tax
Are ‘add-on’ cloud accounting software products worth it?
The purpose of accounting software is to record your accounting transactions. This used to be a very manual process but
Is accounting software really as “easy” as the TV adverts make them appear?
The TV adverts for various accounting products make all sorts of claims – Spend less time on accounting – press