The article provides guidance for contractors on invoicing Clean Air Zone and Ultra Low Emission Zone charges, including VAT treatment, bookkeeping practices, and compliance with HMRC regulations.
The article outlines HMRC Advisory Fuel Rates for construction firms, detailing distinctions between company cars and vans, EV charging rates, and compliant record-keeping workflows for Xero and QuickBooks.
The article provides UK tradespeople with guidance on tracking their VAT threshold using a rolling 12-month calculator in Google Sheets to ensure compliance.
The article provides a comprehensive guide on reclaiming VAT through bad debt relief for construction businesses using Xero and QuickBooks, detailing necessary steps and common pitfalls.
This article outlines the requirements and procedures for issuing CIS payment and deduction statements to subcontractors using Xero and QuickBooks, including deadlines and common mistakes.
The article outlines HMRC's VAT inspection requirements for construction firms, detailing necessary records, compliance checks, and tips for successful inspections.
This article outlines the JCT application for payment process, including timelines, necessary documentation, and recording methods in Xero and QuickBooks, along with common mistakes and automation tips.
The article provides a comprehensive guide for UK construction businesses on creating a 13-week cash flow template, detailing essential components, setup, and weekly updates.
This article explains the differences between PAYE payroll for employees and CIS for subcontractors, detailing setup processes in Xero and QuickBooks, and common mistakes to avoid.
The article outlines HMRC mileage rates for 2025-2026, record-keeping expectations, automation options for claims, VAT reclaim rules, and common mistakes to avoid.
The article provides a comprehensive guide for sole traders and small contractors on calculating their charge-out rates, including formulas, examples, and common pitfalls to avoid.
From 1 April 2022 to 31 March 2027, the installation of qualifying energy-saving materials in homes and certain charities is zero-rated for VAT, reverting to 5% thereafter.
Tap to Pay enables sole traders and small firms to accept contactless payments via compatible iPhones or Androids without needing additional hardware, streamlining transactions.
The article provides a comprehensive guide on the Domestic Reverse Charge VAT for construction, detailing its application, requirements, invoice wording, and VAT return procedures for UK firms.
The article provides a comprehensive guide for UK businesses using Stripe and Xero, detailing the setup and reconciliation of payouts, fees, and VAT treatment.
The article outlines the setup and daily operations of integrating Square with Xero for UK businesses, focusing on VAT compliance and efficient reconciliation processes.
The article outlines how UK businesses using Zettle and Xero can efficiently reconcile daily sales, fees, and payouts through a dedicated clearing account setup.
This guide provides UK plumbing, electrical, and HVAC firms with a streamlined process for reconciling SumUp payments and managing VAT in Xero.
This guide outlines best practices for UK trades teams using Tradify and Xero to prevent duplicate invoices, payments, and contacts, ensuring streamlined job administration and accurate bookkeeping.
This guide outlines the correct workflows for UK contractors using ServiceM8 with Xero to ensure accurate Domestic Reverse Charge and CIS reconciliations.
Understanding VAT options for UK trades reveals that the Flat Rate Scheme offers simpler accounting, while Standard VAT allows for reclaiming more VAT but requires more administration.