Resources

HMRC wants to be one of the most digitally advanced tax administrations in the world. It says that Making Tax Digital (MTD) is making fundamental changes to the way the tax system works. It also hopes that it will avoid tax errors, and this will result in more than £9...

Over recent months we have been getting in contact with our clients to issue new letters of engagement and service schedules. This has been as a result of changes in legislation and we want to make sure we are fully transparent in the services that we provide, how we...

These rates are for the National Living Wage (for those aged 23 and over) and the National Minimum Wage (for those of at least school leaving age). The rates change on 1 April every year. Date Age 23 and over Age 21 – 22 Age 18 – 20 Under 18 Apprentice April 2022...

Xero have added a new feature giving you the ability to set a credit limit for a customer so you can keep track of what they owe you. The credit limit can be set within the contact record, see the help notes here You can also add a credit limit block to a customer to...

The Government released the Coronavirus Job Retention Scheme to run from 1 March 2020. All UK employers will be able to access support to continue paying part of their employees’ salary for those employees that would otherwise have been laid off during this crisis and...

We know how important it is for our clients to get paid on time and reduce hours spent on admin. That’s why we recommend GoCardless for Xero. GoCardless for Xero allows you to collect payments automatically or manually for any Xero invoice. The free GoCardless for...

If you are a sole trader you must file a self assessment tax return every year, either on paper or online. Before you can file a tax return you must register as self employed, with HMRC here. When you register you can also request online access, if you didn’t do that...

When you issue an invoice to a customer there are certain things you must include on them (especially if you are VAT registered) and some that are best practice. The checklist below should help ensure you don’t miss anything Your company information: full name,...

Do you have a formalised process for invoicing your clients and collecting payments? The following steps are an example of the process you should have in place to ensure speedy payment: If you don’t have a contract in place make sure your client signs up to your terms...

BrightPay Connect is a cloud add-on to the desktop payroll software we use to process your company payroll. The powerful online features include an automated cloud backup, online employer dashboards, annual leave management, client payroll entry and approval and an...