Cloud-based accounting software

Which Cloud-Based Accounting Package is for You?

/in , , , , , , , , , /by

Which cloud-based accounting package is right for you? FreeAgent, Xero or Sage One?Maybe your small business is still doing its accounts via paper-based records or perhaps you have an accounts package that is simply not measuring up. Either way Taxfile can help point you in the right direction with a new, all-singing, all-dancing modern package that is fit for the 21st Century. They can give you advice as to which software will best suit your needs and circumstances and help to get you up and running in no time at all.

FreeAgent, Xero or Sage One

FreeAgent, Xero or Sage One — accounts packages recommended by TaxfileThe cloud-based accounts packages recommended by Taxfile include FreeAgent, Xero or Sage One and any one of them will allow you to keep your bookkeeping and accounting records up to date while remaining accessible from anywhere with an internet connection. All three packages include: Read more

Free accounting software package

FREE Sage Accounting Package for Every Active Taxfile Customer!*

/in , , , , , , , , , , , , , /by

Free Sage accounting and bookkeeping software package for all Taxtile customersCalling all South London small businesses – claim your FREE* Sage accounts & bookkeeping package from Dulwich accountants Taxfile.

When you’re an active client of Taxfile, whether new or existing, we can supply you with your own Sage accounting package, free of charge*, and we’ll even help set it up for you! There are various packages to choose from and we’re happy to advise which is best for you and your small business. They’re great for anything from simple bookkeeping to full accounts handling, allowing easy record-keeping, bank reconciliation, the handling of VAT (including VAT returns), RTI submissions, automatic tax and National Insurance calculations and filing, and even Auto Enrolment communications for your employees. There is also a low-cost Payroll bolt-on option for those who would like to control their own payroll.

Sage cloud-based accounting and bookkeeping software packages

The Sage Software Packages:

  • Our free* ‘Sage One Cashbook’ package is great for bookkeeping and cash flow management — perfect for sole traders and cash-based businesses. It’s cloud-based so all you need is an internet connection and you can access your records from anywhere;
  • Our free* ‘Sage One Accounting’ package is better suited for small businesses, including start-ups, and includes the ability to manage finances, create quotations and invoices (including via a phone/tablet app), prepare VAT returns and even automatically stream your bank statement information straight into the package via an automatic ‘feed’ making it great for bank reconciliation and helping to make sure you account for all your business expenses. The integral bank feed even learns how to recognise regular transactions so the software is able to account for them in the best way;
  • Our ‘Sage One Payroll’ package is a low-cost bolt-on for the above, suitable for businesses who want to handle their own payroll (fully, or assisted by Taxfile) and who have 15 employees or less. It helps small businesses sort out payroll including payslips and tax calculations as well as helping them to stay within the law, keep up to date on financial regulations and even handle RTI submissions and employees’ Workplace Pension Auto-Enrolment communications. Nearly all small businesses with employees must implement such communications to inform employees of their rights in respect to Workplace Pension contributions, so such automation is a great feature and an immense time-saver.

All the software packages are secure, cloud-based so can be accessed from anywhere that has an internet connection, and have direct links to HMRC for easy filing, where appropriate, for things like tax returns, VAT returns, National Insurance and RTI etc. Calculation of what’s due to HMRC can be automated with the software and then paid and filed from the package. Such links and automation will become more and more useful and important into the future as Read more

Standard Rate VAT 20% from 4 Jan 2011

Change to permitted VAT return submission methods

/in , /by

Changes to VAT return submission methodsIn a vote for common sense, HMRC has finally relaxed its requirements, under certain circumstances, in respect to the methods it allows for submission of VAT returns. Previously almost* all businesses were forced to submit VAT returns on-line while paper and telephone submission methods were phased out forcibly even for those who did not have access to a viable on-line method. We’re pleased to confirm that HMRC are now relaxing submission requirements for those businesses who can show that the on-line method is not a practical one for their particular circumstances, for example based on limitations caused by age, disability, remoteness, quality of internet connection etc. HMRC now requires those unable to file on-line to file by telephone. And if that’s not practical for similar reasons, they may then be able to submit good old-fashioned paper VAT returns. If HMRC decline both methods, the business or individual concerned will be able to appeal if it thinks it has a reasonable reason to do so.

This change of heart follows a tribunal Read more