Making Tax Digital Software for UK Small Business Owners
If you run a small business, work as a sole trader, or earn income as a landlord, Making Tax Digital (MTD) will affect how you…
Author: Angela Boxwell
Angela Boxwell, MAAT, brings over 30 years of experience in accounting and finance. As the founder of Business Accounting Basics, she offers a wealth of free advice and practical tips to small business owners and entrepreneurs dealing with business finance complexities.
Angela has used and tested various accounting software packages; she is Xero certified and a QuickBooks ProAdvisor. Experienced in using Excel spreadsheets for her bookkeeping needs and created a collection of user-friendly templates designed specifically for small businesses.
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What Is Bookkeeping? A Plain-English Guide for UK Small Businesses
If you’ve just started a business — or you’ve been trading for a while but never quite got your head around the finances — you’ve…
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Self Assessment Tax Return Explained (UK Guide for the Self-Employed & Landlords)
A Plain-English Guide for the Self-Employed, Landlords and Anyone with Untaxed Income If you’re self-employed, a landlord, or earn income that isn’t taxed at source,…
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Making Tax Digital for Income Tax (MTD ITSA) Explained
A Plain-English Guide for the Self-Employed and Landlords If you’re self-employed or a landlord, you may be wondering: Making Tax Digital for Income Tax (MTD…
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How to Start bookkeeping for a small business
how To Start Bookkeeping for a small Business A beginner’s step-by-step guide to recording your income and expenses, staying organised, and keeping HMRC happy –…
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How to Catch up on Bookkeeping
Falling behind on bookkeeping is extremely common for small business owners. When you’re busy serving customers, chasing payments, and running day-to-day operations, bookkeeping is often…
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Small Business Taxation Accounting (UK) – A Simple Guide
Small business taxation accounting is about understanding what tax your business needs to pay and making sure you report it correctly to HMRC. For many…
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Excel vs Accounting Software: When Is It Time to Switch?
Excel is often the first tool used for small business accounting. It’s familiar, flexible, and widely available, making it an accessible option when records are…
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Top Alternatives to Xero in 2026
Five Alternatives to Xero Accounting Software – Free and Paid Plans Xero has established itself as a leading cloud accounting solution for UK businesses, but…
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Making Tax Digital for Sole Traders: Complete Guide for 2026 and Beyond
Key Takeaways If you’re a sole trader or landlord with rental income in the UK, major changes are coming to how you report your income…
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Self-Employed Allowable Expenses
As a self-employed individual, paying the right amount of tax is your responsibility. But did you know you can lower your tax bill by claiming…
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Understanding Self-Employed Tax: A Clear Guide for the Self-Employed
Navigating self-employed tax can often feel overwhelming. Whether you are newly self-employed or have been working for yourself for years, understanding your responsibilities is essential…
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Understanding Work in Progress Accounting
Introduction If you run a business that takes on longer projects — such as building services, manufacturing goods, or providing consultancy — you’ve probably heard…
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Bookkeeping from Home – A Beginner’s Guide (UK)
Have you ever considered working from home but weren’t sure where to begin? Bookkeeping from home may seem an exciting opportunity, and it is one…
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Accounting Software Basics: Your Questions Answered
When it comes to running a business, one of the most common challenges is keeping the accounts in order. Whether you’re self-employed, managing a growing…
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Which Accounting Software is Best for Making Tax Digital VAT?
If you’re a small business owner, freelancer, or sole trader in the UK, you’ve likely heard about Making Tax Digital (MTD). But with so many…
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Making Tax Digital for VAT: A Simple Guide for Small Business Owners
Making Tax Digital (MTD) is HMRC’s plan to move tax filing online. If you’re a small business owner registered for VAT, you need to understand…
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Making Tax Digital: What UK Small Businesses Need to Know
If you run a small business in the UK, chances are you’ve heard of Making Tax Digital (MTD). But what does it actually mean for…
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New Client Form
Running a small business means juggling a multitude of tasks – clients, deadlines, emails, and paperwork. One of the simplest ways to stay organised and…
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What Is a Fiscal Year? (A Simple Guide for UK Small Businesses)
If you run a small business in the UK, understanding your fiscal year (also known as your financial year) is crucial. It affects your taxes, reporting…
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Making Tax Digital for Income Tax Self-Assessment
Key Dates for Making Tax Digital In a recent announcement, the government revealed revised implementation dates for Making Tax Digital for Income Tax Self-Assessment (MTD…
