How to Have a Successful Small Business Saturday

Small Business Saturday is a relatively new celebration that celebrates the thousands of small businesses that help make Britain great.

The day itself is in less than two weeks, and there are lots of brilliant ways that shops, cafes and all sorts of other independents can get involved.

Here are our top tips for a successful Small Business Saturday.

Will Making Tax Digital Apply to My Business?
Editor | 30 October 2018
/ / / / /

Making Tax Digital is the latest HMRC campaign to modernise tax collection and make life easier for business owners.

The first raft of changes, which affects VAT payers, will come into force on 1 April 2019. But a survey from the British Chambers of Commerce reveals that 24% of firms have never even heard of the measure.

Making Tax Digital for VAT will apply to all VAT-registered businesses that have a taxable income over the VAT threshold of £85,000.

The Hidden Health Risks of Self-Employment
Editor | 11 September 2018
/ / /

Self-employed workers and other micro business owners face hidden mental and physical health risks, according to research from cloud accountancy software provider FreeAgent.

The award-winning UK software company surveyed nearly 600 freelancers and small business owners and found that 73% thought that the pressures of the job had put their health under strain.

Almost four-in-ten said that freelancing affected their mental and physical health, while one-in-ten said it affected their physical health only and a quarter said it affected their mental health only.

FreeAgent, Making Tax Digital, HMRC, VAT,
Editor | 31 July 2018
/ / /

Freelancer and micro business accountancy software provider FreeAgent has been backed by HMRC to support the new Making Tax Digital (MTD) initiative for VAT.

FreeAgent is one of just a few accounting software companies to be included on the list of HMRC’s approved suppliers for VAT.

More than 130 software suppliers have told HMRC that they are interested in providing MTD software for VAT. After prototype testing of the software, only 22 suppliers have so far been approved by the taxman.

we reveal five apps that will help you stay on top of your business finances and grow your business.
Editor | 26 February 2018
/ / / /

On average, people are supposed to check our phones 85 times a day. But we bet that entrepreneurs use their phones an awful lot more than that.
Many entrepreneurs run their lives via their mobile phones, keeping appointments, organising staff and managing tasks - so doesn’t it make sense to manage your business finances there too?
In this blog post, we reveal five apps that will help you stay on top of your business finances and grow your business.

Why Spreadsheets are Holding Back Your Business

Is your business still using spreadsheets to manage its bookkeeping and accounts? It could be slowing you down and hurting your company.

Whether it is invoicing, checking figures or speaking to your accountant, spreadsheets more manual effort. Cloud-based accounting software automates many of these processes, making you more efficient

Cloud Accountant is Making Tax Digital Ready
Editor | 20 September 2018
/ / / / / /

Cloud Accountant is ready to help contractors, freelancers and other small business owners make the most of HMRC’s new Making Tax Digital (MTD) requirements.

Having been awarded Xero’s Making Tax Digital Ready accreditation, our specialist digital accountancy practice can help small business owners put the required software and processes in place before the first MTD deadline in April 2019.

From next April, companies that exceed the £85,000 VAT revenue threshold will no longer be able submit VAT returns manually. Instead, companies will need to use HMRC-compliant software to track and submit the returns automatically.

Editor | 5 September 2018
/ / / /

Cloud accounting software provider FreeAgent has been given permission by the Financial Conduct Authority (FCA) to provide Open Banking services to freelancers, contractors and other micro-business owners.

RBS buys FreeAgent for £53m

The Royal Bank of Scotland has bought Edinburgh-based accountancy software provider FreeAgent, in a deal worth £53 million.
FreeAgent’s share price increased by more than 80% in a single day following the news.
RBS BidCo will acquire all of the issued and to-be-issued ordinary share capital, with shareholders entitled to receive 120 pence for each FreeAgent share held.
The cloud accountancy company directors have reportedly advised shareholders to accept the deal.

FreeAgent lets you see who your best (and worst) customers are

A new feature in cloud accountancy software FreeAgent makes it easy to see who your best and worst customers are.
The Customer Sales Report was one of FreeAgent’s most requested features. It could play a key role in deciding who you should do business with in the future.
The new report shows you exactly how much income you’ve received from different clients in a given time frame. You can examine different periods of time and compare results from different months and years.

Pages