QuickBooks and Xero – Why we only work with them

QuickBooks and Xero – Why we only work with them

Why do we only work with QuickBooks and Xero? Our Accounting Software Partners We have teamed up QuickBooks and Xero – both leading software partners in the accounting world – to enable us to keep track of your accounting records, sales invoices, purchase...

Create and send customer statements in QuickBooks

How to create and send customer statements in QuickBooks Below is a video, detailing how to create and send Customer Statements in QuickBooks Create a customer statement Go to Sales and select Customers. Select the checkboxes for the customers you want to make...
Record a VAT payment or refund – QuickBooks Guide

Record a VAT payment or refund – QuickBooks Guide

Welcome to our QuickBooks Guide on how to record a VAT payment or refund When you pay VAT in QuickBooks Online, you are recording the payment against a specific VAT period; you are not actually transferring money to HMRC. Below is a short video on how to record your...
3 QuickBooks Basics

3 QuickBooks Basics

Whether you’re brand new to QuickBooks or you use it already, there’s always more to learn to ensure you’re maximising the resources you have available to you. With this blog we are sharing our top 3 QuickBooks Basics. 1. Connecting and reconnecting the bank When you...
New lower temporary SDLT threshold

New lower temporary SDLT threshold

The residential stamp duty land tax (SDLT) threshold applying in England and Northern Ireland was temporarily increased to £500,000 from 8 July 2020 to 30 June 2021 (extended from the original end date of 31 March 2021). From 1 July 2021 to 30 September 2021, a new...
Extended carry-back for losses

Extended carry-back for losses

To help businesses which have suffered losses as a result of the COVID-19 pandemic, the period for which certain trading losses can be carried back is extended from one year to three years. The extended carry-back period applies for both income tax and corporation tax...
Checking your tax code – 2021/2022

Checking your tax code – 2021/2022

Checking your tax code – 2021/2022 If you pay all or some of your income tax via PAYE, it’s important to check that you are on the correct Tax Code (CT). As we start the new 2021/2022 tax year, HMRC will be sending out your individual coding notices (usually via...