Category Archives: Bookkeeping

Why your business needs management information

management information

With uncertainty looming over the UK economy, making sound decisions for your business is more crucial than ever. We think using cloud accounting is part of the solution and there are countless reasons why your business needs management information.   Cloud Accounting If you are using cloud accounting you are on the right path but […]

Bookkeeping tips to help small businesses

cloud accounting

Have you ever wondered how bookkeeping done well can help your small business?  Well bookkeeping and financial data are crucial to managing your business.  So here’s some great bookkeeping tips. As a small business when things are tight (and even when they are not), it’s important that you keep on top of what comes in […]

Neglecting quality accounting data can paralyse a business. Here’s how we got our client moving again.


Herts Mind Network were doing brilliant work providing the community with much needed mental health support. The trouble was they had a long task-list and were struggling to keep on top of their books. Their bookkeeping was sparse and patchy and this made it difficult to account for the grants they received, or assign them […]

Making Tax Digital (MTD – Updated January 2023

Cloud Accounting

The introduction of Making Tax Digital (MTD) has been delayed until 2026. What is MTD Making Tax Digital is an initiative introduced by HMRC in an attempt to modernise our tax system in the digital age. MTD for ITSA (Income Tax & Self-Assessment) comes into effect from April 2026 (previously 2024) if your “qualifying income” […]

What is a Digital Link

The requirement to keep digital links if you are already caught under Making Tax Digital (MTD) rules came into force from 1st April 2021 as part of the second phase. HMRC defines a digital link as transfer of data between software programmes or applications.