Every successful business has solid financial foundations.
UK micro-businesses spend ten weeks of the year working on financial according to research from digital business bank Starling.
In a new report, the app-based challenger bank shines a light on the working practices of 5.6 million of the UK’s smallest firms.
FreeAgent is the first UK accounting software provider to offer direct bank feeds via the Open Banking platform.
The announcement means that freelancers and small businesses will soon get secure access to their bank account information in FreeAgent.
They will be able to access up to six years of transaction data and eventually, will be able to create an initiate payments from within the software.
With less than a week to go before the self-assessment deadline, HMRC has revealed some of the worst excuses taxpayers have offered after failing to complete their returns on time.
Topping the list was the unlikely claim that “I couldn’t file my return on time as my wife has been seeing aliens and won’t let me enter the house”.
A new consumer shopping app from Shopify could provide a post-coronavirus boost for small-and-medium-sized online sellers in the UK.
Although Shopify isn’t a well known consumer brand, many people will regularly use their technology without realising. This is because Shopify make the technology for anyone to set up and sell their products online.
Making Tax Digital (MTD) for VAT is here and it means a number of important changes to the way that businesses file and report their VAT.
If you run a VAT-registered business with a taxable turnover above the VAT threshold of £85,000, you are required to keep digital VAT records using MTD-compatible software like FreeAgent or Xero.
The new rules took effect from April 2019. To make life easier for busy business owners, FreeAgent has introduced a range of updates and improvements to their VAT filing system.
In this blog post, we detail some new features and functionality that will make the VAT process quick and simple.
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.