FreeAgent’s latest updates

FreeAgent Everyone using FreeAgent that also bank with NatWest, Royal Bank of Scotland, or Ulster Bank NI now have access to Payit. Payit allows you to make a payment to any other…

Guide to overseas transactions on VAT returns

The ‘reverse charge’ calculation often causes confusion.  It applies when a UK business buys services from abroad. The basic principle is that the customer deals with the VAT rather than the supplier,…

Guide for employers: Xero Me and payroll

It is your responsibility as an employer to provide your employees with their payslips each month.  Currently there is no automatic system for this in Xero; your staff are not notified when…

FreeAgent Guide – How to calculate VAT on fuel

FreeAgent is packed full of great features. Did you know that it can also calculate the VAT you can reclaim on your mileage for you? Just remember to provide the correct vehicle…