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Swiftpage expands its Act! portfolio with the new Act! Growth Suite

Swiftpage has recently announced that it will be retiring former legacy Act! plans as it expands its CRM and email marketing portfolio.How will this affect your subscription?All customers currently using Act! Pro or who are currently subscribed to a former legacy plan, will need to make the switch to the new Growth Suite before June 2020, when these plans will be discontinued. The changes mean that Act! Pro will no longer be supported with new updates and adding additional users will not be possible.To Read More...

Transforming your office into a paperless environment.

Operating a paperless office is more achievable than ever with new developments in digital applications. With organisations such as HMRC leading the way with the recent ‘Making Tax Digital’ initiative, many more businesses are set to follow their lead and become less-reliant on paper processes.The term ‘paperless’ means moving away from traditional working processes that rely heavily on paper, to new tech-based digital processes requiring less paper. Not only is this method of working better for the environment, it also offers Read More...

When to upgrade from Excel to a dedicated accounting solution

Although not a dedicated accounting software, Microsoft Excel has been a staple in the business application suite for a long time and is still widely used. A lot of small businesses and self-employed workers initially turn to excel to keep on top of their accounting requirements.Whilst Microsoft Excel has its benefits – it is fairly easy to use and readily accessible – it could actually be holding your business back instead of helping you move forwards.What happens Read More...
Charities with extended MTD deadlines must be prepared by 1st October 2019.

Making Tax Digital deadline fast approaching for charities

In August 2019, HMRC made the switch to digitilisation with its Making Tax Digital reforms for registered businesses with a taxable turnover above the £85,000 threshold.  The aim of these reforms is to make submitting VAT returns more effective, efficient and easier so that businesses can get their tax returns correct.HMRC allowed some charities an extra six-month delay period to prepare for Making Tax Digital, which will come to an end on 1st October 2019. The MTD regulations apply to all UK registered charitable trusts that Read More...

Preparing for the CIS Domestic Reverse Charge

HMRC’s new Domestic Reverse Charge (DRC) scheme has been delayed until October 2020, giving businesses more time to prepare. If you’re not sure what this means for your business take a look at our short guide to the Domestic Reverse Charge or our earlier blog post here,Use the extra time to ensure that your business is ready. We’ve put together a checklist of things to think about before the changes take place.If you are currently registered under the flat Read More...

Sage Version 26 – what’s new for 50cloud Accounts in 2019?

The latest upgrade of Sage 50cloud Accounts – Version 26 – has been released with new and improved features to make your business accounting processes pain-free. Upgrade now to take advantage of the new features of Sage 50cloud version 26.With the release of Version 25, Sage announced that it would be focusing on adding more value to its Sage 50cloud Accounts software and limiting the features on Sage 50 Accounts. This has continued in Version 26 and so Read More...

IR35 – Off-Payroll Tax Changes

From April 2020, HMRC is rolling out its IR35 tax rules to incorporate private sector contracts as well as the public sector rules already in place.IR35 – What is it?IR35 or off-payroll tax law allows HMRC to treat fees paid to a limited company as if they were a salary paid to an employee. This means that the contractor’s fees are taxed at source by their clients.IR35 and the Public SectorIn April 2017, the IR35 laws were introduced into the public sector. Read More...

CIS Domestic Reverse Charge Delay

On Friday 6th September, HMRC responded to pressure from the construction sector by delaying its CIS Domestic Reverse Charge. The implementation of the reverse charge has been postponed for at least another twelve months, and is now due to come into effect from October 2020. For the full brief from HMRC please click here.The delay was petitioned for as many of the businesses in the affected industries did not have time to prepare for the changes. This, along with the pressures of a no-deal Brexit would Read More...

Free Training Manuals with Sage 50Cloud Subscription

September is the perfect time to brush up your skills, whether discovering new software or refreshing your knowledge of a familiar platform – take advantage of our exclusive Autumn offer and free Sage-approved training manuals for Sage 50Cloud Accounts.With every Sage 50cloud subscription order purchased by October 31st 2019, we’re giving away FREE training manuals (up to a value of £85) guaranteed to help you make the most of your software package.Sage 50cloud essentials – 1x manual Read More...

Domestic Reverse Charge – New VAT rules for the construction industry.

From October 2020, HMRC will change the way it collects VAT from businesses working in the Construction Industry Scheme (CIS). Under the existing scheme, the VAT liability lies with the supplier of services, however the changes mean that the responsibility will transfer to the end recipient instead. It is estimated that the changes will affect up to 150,000 businesses in the construction and building sector.The Domestic Reverse Charge (DRC) was announced in 2017 to combat VAT fraud in Read More...