Experts have claimed that the first revaluation of business rates since 2010 will benefit online retailers and high street chains, to the detriment of offline businesses and independent retailers.

Due in April, the controversial revaluation was initially welcomed by ministers.

Dutch bank ABN AMRO has teamed up with invoice management company InvoiceSharing to produce a new automated invoice accounting solution for SMEs.

The ‘touchfree’ add on will integrate with an SME’s online accounting platform to provide deeper accounting insights, allowing companies to estimate future working capital and secure funding.

Strange tribunal decision for online jewellery business
Editor | 10 February 2017
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An unusual tax tribunal raises questions about online businesses paying VAT, particularly in cases involving multiple parties.

The case background:
The recent tribunal case concerned the jewellery business, Avalaya.com Partnership, which had a very close working relationship with a sole trader – Alla Kisil T/A Jewellery 4 All.

In 2009, the two members of the Avalaya partnership lent US$60,000 to the sole trader, who was a personal friend of the partners. The loan was to be repaid in pounds sterling.

We bid farewell to one of our most natural fitting cloud based accounting clients in the coming months.

The creator of Xero add-on MinuteDock is returning to his native New Zealand. As a Xero Silver partner it was great to work with someone that is so prominent on the Add-on marketplace. Collaborating over the Cloud made perfect sense and it’s been encouraging to see the number of subscribers to MinuteDock steadily increase over the last 18 months.

Cloud based Todoist is a real life saver
Editor | 14 February 2017
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With the pace of life currently the way it is it can be difficulty to stay on top of everything at any one point in time.

If you work as a freelancer, or run your own small business, then using a spreadsheet may seem like the most natural bookkeeping solution.
And spreadsheets can work well, for a while..