One of the biggest changes to the accounting industry is on the doorstep: Making Tax Digital (MTD) for VAT. Whilst HMRC began a communications campaign last Autumn, there are still businesses who aren’t quite certain how it will impact them. With the countdown...
Keep Bookkeeping Nightmares At Bay With These Best Practices
Spreadsheets. Funny, how such a little word can send huge shivers down the spine. Nobody disputes the value of digital organisation. The horror stems from Excel's strong association with bookkeeping – a process most business owners find bland, repetitive and...
Freelancer & Contracting Invoices: The Basics
Invoicing a client is like driving a car. Once you’ve got the hang of it, you’ll perform the duties on autopilot. But it doesn’t start out this way. Everyone feels awkward, confused and a little bit silly when they get behind the wheel for the first time, and typing...
5 Reasons Why We Recommend FreeAgent Bookkeeping Software
Loyalty is hard earned, and it takes a lot for bookkeeping tools to make our recommended list. But FreeAgent, our favourite bookkeeping software, has well and truly won us over. And we thought it’s about time to proclaim why we’re so confident it’ll change your...
5 Ways To Become A Better Bookkeeper In 2017
Some principles of your business will never change: the monitoring of incomings and outgoings; tax submissions; collating your transactional evidence through the year. However, the means of doing so are being digitised and simplified, evolving with the pace of our...
New Year, New Business? Deciding To Go Freelance
Rolling back into the doldrums of January, you may be feeling uninspired by your current work. A frustrating schedule, lack of recognition, being lost in a massive corporate hierarchy… there are many reasons why ennui is afflicting you. Is it time you did something...
Save Yourself From Self-Assessment Misery This January
While many of us were happily munching and singing, port in hand, over the festive period, a significant amount of people were focused on something else. Tax returns – the scourge of the self-employed – hit home this year, as the BBC reports that thousands of...
Essential New Year’s Resolutions For The Self-Employed
If you ask us, the closing curtain of each year causes more stress than succour for the businesspeople of the world. There’s a raft of final payments, client assignments, bills and personal responsibilities to sort out before we can perch our feet up and say, “Well,...
Bad Bookkeeping: A Nightmare That Never Ends
Halloween is almost here. Whatever your darkest fears may be, we bet that losing control of your finances is one of them. Bookkeeping can make the best of us howl furiously at the moon, but it’s essential to exorcise those demons if you want to stay on top of your...
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