Blog

My Bookkeeping Online Blog

By Tim Haggard

The My Bookkeeping Online blog is written by founder, Tim Haggard. Topics range from VAT, working from home, funding, bookkeeping and employment, but are mainly focused on small businesses. The blog aims to talk about the issues small business owners face in specific industries. Do get in touch if you'd like Tim's opinion on your query.

Blog Archives

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Budget update and how you can save tax

08/04/11 (12:40 p.m.)

The budget was well received in the small business community, and there are changes that you can make FROM TODAY that will mean that you pay less tax...

Categories:Accountants, Industry News, My Bookkeeping Online, Small Business Help

Contactless Cards – Good for retailers and consumers

07/01/11 (1:51 p.m.)

Contactless cards are here to stay. Recent reports suggest that 12m were in issue by the end of last year, primarily marketed by Barclaycard.

So what are contactless cards? If the scheme...

Categories:Accountants, Financial, Industry News, Small Business Help

Change in the VAT treatment of entertainment of overseas customers

07/12/10 (2:19 p.m.)

Finally a bit of assistance from HM Revenue & Customs (HMRC) on entertaining expenditure!

Everyone is aware of (and frustrated by) the fact that HMRC offers no support in the cost of entertaining customers. Well I am delighted to say that this HMRC policy is set to change – not through any change of heart, but because the EU is forcing a change of approach....

Categories:Accountants, Bookkeeping, Financial, Industry News

No Purchase Ledger Required

08/11/10 (11:09 a.m.)

The degree of complexity required of a purchase ledger depends on the size of the business. For example, a shop that receives 30 supplier invoices a month will have very different requirements to a national chain of shops that might receive 2,000 supplier invoices a month...

Categories:Bookkeeping, My Bookkeeping Online, Small Business Help

Recording sales if you are in the retail or hospitality industries

01/11/10 (12:02 p.m.)

Occasionally, I pick up on bits of functionality in My Bookkeeping Online that are really valued by users.

On this particular occasion, an accountant brought it to my attention that some rivals do not offer the ability to record a cash sale in the sales ledger without raising an invoice – so I thought it would be worth passing on in a blog how My Bookkeeping Online...