Quickbooks vs Excel – what will be best for MTD?     Making Tax Digital is nearly on us! If your business isn’t ready yet, then there are certain steps you will need to consider. Why not check out our MTD blog here. Working out how you are going to report to HMRC each quarter is a very important decision, as it will all need to be electronic. Yes, you can use an Excel spreadsheet, but that comes with a few issues. Cloud-based software such as Quickbooks is a much better idea. Here are some reasons why you should switch
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Work Christmas Parties - What you need to know So it is nearly time to put up the tree and make sure your staff are looked after this Christmas. Are you organising, and paying for, a work Christmas Party for your staff? If so, there are National Insurance and HM Revenue and Customs (HMRC) reporting obligations to think about! What do I need to Report? What you need to report and pay depends on: if it’s an annual event if it’s open to all of your employees if it costs more than £150 per head how many events you provide
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How will Making Tax Digital (MTD) affect my Business? You will have heard Making Tax Digital (or MTD) bandied around a lot recently in business circles, but what is it, and how will it affect you and your business? Read on for more! What is it? MTD is going to be the biggest change to the way taxes in the UK have been managed in a long time.  HMRC need to move to a fully digital system, meaning that going forward, VAT returns will all need to be done electronically. What are the benefits? By changing the way records are
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Our new Choice Bookkeeping App is now in your App Store Choice Bookkeeping have developed a new app for Apple and android devices. The really great news is that it is free! Need to keep all your finance matters in the one place?  This is the best way to do it.  Combining a mileage tracker with Receipt bank (an online receipt storage system that will save and store all your paper receipts in an electronic, easy to read format), as well as having an invoicing and expense system all in one place can save you time and money by making
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Better business banking with Tide & Choice Bookkeeping Choice Bookkeeping is pleased to announce our new partnership with TIDE. "We’re not a bank. We’re better We’re building a modern banking service to give time back to our members and their business advisors. Tide is about doing more of what you love. Get back to what’s important – we’ll take care of the rest."   "Tide is about doing what you love We believe the world would be a better place if more people gave it a shot. It’s why we’re building modern business banking that gives time back to people
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