Latest Blogs in Cloud Accounting
Daniel Walker
8th November 2023 Visit To The Xero Office At Milton Keynes

As we are a Xero Platinum member, members of the Whitings Team were invited to their office in Milton Keynes where our hosts, Jamie and Claire, could show and explain to us how we can further use Xero and it’s supporting apps to assist our clients in their business journeys.   A Bit About Xero…

Whitings LLP
26th August 2022 MTD: Old VAT portal closes on 1-Nov-22

VAT registered businesses with turnover exceeding £85k have been required to keep digital records and file VAT returns through making tax digital (MTD) compatible software for more than three years. All remaining VAT registered business have been moving across to this system since 1 April 2022.   HMRC have now announced the old VAT portal…

Paul Jefferson
1st January 2023 1-Jan-23: New VAT penalties system

A new penalty regime came into effect for VAT periods starting on or after 1 January 2023. The changes will impact the charges for missing VAT filing and payment deadlines and will be replacing the current VAT default surcharge system. These changes place continued importance on being up to date with your VAT returns, aware…

Stephen Malkin
7th June 2022 Virtual Finance Officer: Outsource your book-keeping to us

Following the increase in use of cloud accounting software’s like Xero, QuickBooks and Sage over the past few years, businesses have never been better positioned to look to outsource their accounting function.  For all businesses, getting the accounting function working efficiently can be challenging, as you will need potentially different people with different skills: someone…

Peter Brown
16th May 2022 e-Commerce: Are you finding keeping your business’s records a nightmare?

Understanding how to account for your business’s transactions with online selling platforms can be complicated. Ensuring that you are submitting the correct information to HMRC can be tricky as not all platforms have the same VAT treatment.   A2X could make your life easier by saving you time and headaches from the complex world of…

Richard Alecock
8th March 2022 MTD: Are you prepared?

The next stages of the MTD roll-out, which will affect self-employed traders and landlords with annual income over £10k, is scheduled for 6 April 2024.   Below is Whitings MTD Group’s sixth issue edition of our Making Tax Digital newsletter and what could be the most revolutionary stage of Making Tax Digital – MTD for…

Peter Brown
4th March 2022 Apr-22 MTD VAT Changes – Are you prepared?

From 1st April 2022, every VAT registered business will be required to file their VAT returns digitally through HMRC’s Making Tax Digital system.   This means all VAT registered businesses, regardless of their level of turnover, which hadn’t previously been submitting their VAT returns to HMRC via MTD compliant software, will now be required to…

Whitings LLP
17th February 2022 Xero Bank Feeds Status

There have been some ongoing issues with Xero’s bank feeds feature for the last couple of months across the globe, Xero are aware of these issues.   There is a suggestion it could be to do with numerous bugs being the cause as well as the new open banking platform, Tink. We are keeping up…

Benjamin Burtenshaw
17th February 2022 The Perfect App Stack?

With over 1,000 apps available on the Xero App Store alone, it can be difficult to know which apps are best suited to your business.   Whilst every business is unique and will have different requirements, I believe there are two key app types that should always be part of your app selection, or “app…

Ben Kilby
9th February 2022 Government scheme gives discounts of up to £5,000 on accounting software

Small and medium sized businesses are critical to the UK’s economy. As part of the Chancellor’s Plan For Jobs, Help to Grow: Digital has been launched.  Digital software can help build customer relationships to increase sales, manage accounts and finances digitally or make the most of selling online.   Choosing the right platform to use…