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Guides and FAQs
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 major UK bank without leavi...
Xero’s latest updates
Credit Control You can now set credit limits on your contacts, meaning that this function will block an invoice being raised, if your customer has reached their credit limit. The invoice will instead be rais...
Step by step guide to auto enrolment
Under the Pensions Act 2008, every employer in the UK, regardless of industry, must put certain staff into a pension scheme and contribute towards it, this is called ‘automatic enrolment’. To comply with the...
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, avoidi...
Step by step guide to FreeAgent Payroll
Before you get started with payroll make sure your PAYE, Accounts Office, and business tax references are correctly entered under Company Details 1. Operating Payroll Go into your FreeAgent account Select My...