Square to Xero reconciliation: clean UK setup with a clearing account and correct VAT on fees
Step-by-step guide for reconciling Square payments with Xero in the UK, covering the use of a clearing account and correct VAT handling.
Accounting
Making Tax Digital for Income Tax for self‑employed trades: deadlines, software and a simple setup
Making Tax Digital for Income Tax requires self-employed individuals with qualifying incomes over £50,000 to submit quarterly updates starting from April 2026, using compatible software.
VAT threshold for trades: rolling 12‑month calculator and simple workflow to avoid fines
UK tradespeople with guidance on tracking their VAT threshold using a rolling 12-month calculator in Google Sheets to ensure compliance.
Auto‑collect deposits when a quote is accepted: ServiceM8, Jobber and Tradify options
ServiceM8, Jobber, and Tradify offer various methods for automatically collecting deposits upon quote acceptance, integrating with accounting software like Xero and QuickBooks.
Set up VAT self-billing for CIS subcontractors: Xero and QuickBooks step-by-step
Guide on setting up VAT self-billing for CIS subcontractors using Xero and QuickBooks, including necessary agreements and automation options.
Work out your trade charge‑out rate: simple formula, examples and calculator links
Guide for sole traders and small contractors on calculating their charge-out rates, including formulas, examples, and common pitfalls to avoid.
CIS monthly return: deadlines, how to file in Xero and QuickBooks, penalties and nil returns
Construction contractors must file a CIS300 monthly return to HMRC by the 19th, even if no payments were made, to avoid penalties.
Domestic reverse charge VAT for construction: simple checklist, invoice wording and VAT return boxes
Guide on the Domestic Reverse Charge VAT for construction, covering its application, requirements, invoice wording, and VAT return procedures for UK firms.
Zettle to Xero UK: how to reconcile daily sales, fees and payouts with a clearing account
How UK businesses using Zettle and Xero can efficiently reconcile daily sales, fees, and payouts through a dedicated clearing account setup.
GoCardless to Xero UK how to reconcile payouts properly with a clearing account and get VAT on fees right
How UK trades firms can reconcile GoCardless payouts in Xero, keeping accurate VAT treatment and simple accounting processes.
Tradify ↔ Xero (UK): how to stop duplicate invoices and contacts before they snowball
Best practices for UK trades teams using Tradify and Xero to prevent duplicate invoices, payments, and contacts, keeping simple job administration and accurate bookkeeping.
ServiceM8 ↔ Xero for UK trades: correct Domestic Reverse Charge (DRC) and CIS workflows that actually reconcile
Correct workflows for UK contractors using ServiceM8 with Xero to ensure accurate Domestic Reverse Charge and CIS reconciliations.