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My Bookkeeping Online Blog

By Tim Haggard MyBookkeepingonline RSS feed

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 archive - April, 2010

Choosing the best bookkeeping software for your businesses

26/04/10 (8 a.m.)

It is important that you have the right level of bookkeeping software for your business. The wrong software will leave you frustrated because it will either be too simple and not provide the information you need, or be too complicated and cost a fortune to run.

In my mind, there are 4 levels.

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

PAYE Changes

20/04/10 (4:25 p.m.)

We have seen many new taxes come in under the radar over the last few years, but for me, this is probably the most badly thought out, badly communicated of the lot. And once again, it is being left well intentioned individuals (such as me) to communicate the bad news.

If you employ staff, you will be familiar with the need to pay PAYE and NI contributions over to HM Revenue & Customs on a monthly or quarterly basis, by the 19th of the month following.

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Categories:Financial, Industry News, Small Business Help
Tags:PAYE, industry

Reclaiming Costs for Running your Business from Home

09/04/10 (2:07 p.m.)

If you run your business from home, you are able to claim a reasonable proportion of your home costs as an expense for tax purposes. There are two elements to this: 1. The types of expense you can reclaim 2. How to calculate the proportion Every accountant is likely to have their own view, but here is mine...

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Categories:Running a Business from Home
Tags:Expenses, business, home