Bookkeeping Blog

Bookkeeping Tasks

There are many bookkeeping tasks to complete as either a bookkeeper or small business owner. Complete bookkeeping duties on either a daily, monthly, quarterly or annual basis depending on what they are. Getting into the routine of completing bookkeeping on a regular basis can save the time and heartache of having to rush it when Read More

Bookkeeping Templates for Self Employed

Are you looking for bookkeeping templates for self employed? Business Accounting Basics have several Excel Spreadsheets that can help to improve your bookkeeping procedures. All templates are free to download and easy to use. As a small business owner, it is easy to put your accounts to one side and concentrate on the sales and Read More

Bookkeeping for Self Employed

Are you looking for bookkeeping for self employed? If you are either a sole trader or in a partnership, you will need to register as self-employed with HMRC. You will be required to complete a self assessment tax return on an annual basis. Read our information on registering as self employed. On a self-assessment tax Read More

Making Tax Digital VAT

The first phase of making tax digital VAT will come into force from April 2019. HMRC had delayed the date, but they are now working closely with software companies to achieve the new deadline. Table of Contents Making Tax Digital what does it mean for me?What costs are involved?Can I complete MTD VAT Myself?Making Tax Read More

Xero becoming popular accounting software

Xero is becoming a popular accounting software around the world. They have just announced their growth figures and have reported 43% growth. The UK market has seen an additional 79,000 users during the last year, with a total of 212,000 now using it. Worldwide there saw an additional 318,000 subscribers. Why is Xero so Popular Read More

Making Tax Digital for Business

Making tax digital for business will start affecting the smaller businesses which are not registered for VAT. It is expected to commence in April 2019. It is still unclear from HMRC if it will include all small businesses or if very small ones will be excluded. Small companies will have to submit their accounts online Read More

Online Banking Making Business Accounting Easier

Online banking making business accounting easier. With so many people now choosing to bank online and being able to see their banks statements each day, this can make business accounting much easier. When running your own business you get caught up in the day to day running of your business, trying to sell your products Read More

Self-Assessment Deadline for 2014

If you are self-employed the self assessment deadline for 2013 is fast approaching. If you run your own business, it can be very difficult finding the time to complete your accounts on time and filing the documentation to HMRC. For the year ending 5th April 2013, the deadline date is 31st January 2014. Even if Read More

Accounts Portal Software Review

I am always asked by people what is the best accounts package to use? The answer can vary from one customer to another depending on their requirements. The Accounts Portal software review is based on requirements from one of my customers and trying to find different software suitable for them. The customer requirements were that Read More