How to control your business finances
We all do it. We wake up every day full of good intentions. “I am going to reconcile my Xero account” we think. “I will submit that paperwork to my accountant” we promise ourselves. Then reality sinks in. You know that you won’t do it again today, just like you didn’t...
What are Digital Links for MTD?
The requirements of Making Tax Digital (MTD) changed from 1 April 2021. It isn’t enough to just file your VAT return using software. Now you also have to worry about where your data comes from, and how it gets into your accounting records. So just what are...
How can I prepare for my business year end?
Your business year end is an important date to be aware of. All limited companies have their own ‘financial year’ initially set in relation to when the company was formed. Although deadlines for filing the company accounts, tax returns and payment of corporation tax...
What expenses can I put through my business?
Being a bit cheeky about what business expenses can be claimed may seem harmless in the moment. For example, like most of us this past year you’ve been working from home. You’ve noticed a great spot just right for a hot tub outside of your home office window, so you...
How can I make it easier for people to pay me (and fast)?
Setting up multiple payment methods in Xero is a major quick win. Offering different payment methods makes it easier for people to pay you, and it’s actually really easy to do using Xero online payment services. Getting paid fast can really help put a business...Follow Starfish Accounting
