How our approach to accounting will keep January's tax deadline stress-free

Blog

FreeAgent

Don’t fret about the January tax deadline!

Growing and operating a small business can have benefits and costs to any individual’s mental health. As founders of these businesses, we find our personal wellbeing is intrinsically linked to the success of our entrepreneurial ventures. Our businesses ensure that we get paid, thereby enabling us to live the life we want to. Our sense […]

Read more

Uploading files to FreeAgent

Uploading files to FreeAgent It is possible to upload any files to FreeAgent for your reference later, or for reference by your Accountant. The files can be in any format up to 5MB in size. You start by clicking on Files at the top right hand side of the main overview screen, and following the […]

Read more

Expenses charged to your clients – for VAT purposes, HMRC rules on disbursements

If you are reimbursed expenses from your client, the receipt is VAT applicable unless the expense meets the following rules from HMRC; ‘Before you treat a payment as a disbursement(no VAT applied), you’ll need to make sure all of the following apply: you paid the supplier on your customer’s behalf and acted as the agent of your […]

Read more

Monthly payroll dates on Freeagent

How to submit monthly payroll with FreeAgent When you are about to run your payroll each month, the screen shows a box at the top RHS called ‘choose a date for your pay period. This is the date of the payment.  It is important that the RTI submission is made to HMRC before this date. Whatever payment […]

Read more