Boffix Accountants UK

Don't rush to shut your limited company and become a sole trader. Big changes are coming! Making Tax Digital means quarterly submissions and extra costs. Plus, as a sole trader, you'll face payments on account, hitting your cash flow when you need it most. Comment MTD for more info.

Dividend rules have changed, making it more expensive to take profits. Don't panic! Strategy still wins. Set up your company correctly, take a low salary and dividends, split income, delay dividends, and use expenses. Planning is key! Comment 'dividend' for a calculator.

Budget changes are here! Sole trader or limited company? NIC cuts benefit sole traders, but tax ramps up around £35-40K profit. Dividend tax rose, but corporation tax is stable. There's no one-size-fits-all answer! Comment 'sole' or 'limited' for a booking link to find out what's right for YOU.

Choosing MTD software can be tough. This series reviews FreeAgent, Xero, Sage, and QuickBooks to help you decide. Listen to MTD Watch Series episode 11 for a full comparison. What software do YOU recommend? Share below!

QuickBooks Sole Trader offers a brand-new, AI-driven solution for MTD compatibility. Auto-categorization of bank transactions simplifies compliance from day one. Receipt photos, mileage tracking, and invoice management make running your business easy. A top contender for MTD solutions.

Considering Xero for your Making Tax Digital (MTD) compliance? This simplified version is compelling if you understand bookkeeping and want to scale your business to the full version later. If you're new to bookkeeping, other MTD options may be a better fit.

Looking for MTD-compliant software? FreeAgent stands out for its ease of use. Mettle, a NatWest bank account, offers a free version and deeply integrates with FreeAgent. Payments are categorized directly in Mettle, syncing to FreeAgent for effortless bookkeeping. A strong option for MTD needs.

Choosing the right MTD software can be tough. Sage simplifies the process with an app connecting your bank, snapping receipts, and embracing AI through Sage Co-Pilot. Plus, it scales as your business grows, handling payroll, VAT, and more.

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Discover how FreeAgent and Mettle can simplify Making Tax Digital for small businesses. Categorize transactions directly from the bank account, turning payments into effortless bookkeeping. With this software, complying with regulations becomes straightforward. Tag a business owner who needs this!

Making Tax Digital is a big change, but QuickBooks Sole Trader software can help businesses stay compliant. Its AI completes bank transactions, giving users confidence to file quarterly updates without bookkeeping worries. A useful tool for your business. Tag a business owner!