1 in 5 pensioners face tax return ‘misery’

We all know that filling out a tax return can be painful, but while you might have thought that retirement would release you from HM Revenue & Customs’ clutches, that no longer seems to be the case.
The number of pensioners who filed a tax return last year hit 1.7m, a figure that has jumped significantly in the last two decades.
Figures obtained from HMRC by insurance company Royal London show that in the 2015-16 tax year, 1.7m of the 10m who completed an individual tax return were aged 65 or older.
More than 250,000 of these tax return pensioners were aged 80 or over.

Why high growth business choose cloud accounting software

Businesses that are on the fast track to growth routinely choose cloud accounting software to handle their financial management, as do business owners who are determined to make their new venture a success.
The rocketing popularity of cloud accounting software like FreeAgent and Xero is a trend that has disrupted the traditional accounting industry.
Now, start-ups and business targeting double and triple-figure growth are more likely to pursue a cloud-based solution, with support from a modern accountant like CloudAccountant.co.uk, rather than going down the traditional accountant route.
So why do so many businesses with steep growth trajectories choose cloud accounting software?

FreeAgent drop CIS functionality into mobile version

Cloud Accounting software specialists FreeAgent have now pushed out their CIS functionality to the mobile version of the product on both IOS and Android.
The ability to generate and send an invoice from a mobile device while out on site can help contractors to get paid quicker and keep all the paperwork up to date from the relative ease of FreeAgent’s intuitive mobile interface.