How to make a cashflow forecast

How to make a cash flow forecast

A detailed guide on cashflow forecasting by FreeAgent that can help you: plan out how much you expect to make in sales this year plan how much you expect to spend in costs understand when cash will come into your bank account and leave it Read the article →

FreeAgent Tax Timeline in desktop calendar

See the Tax Timeline in your desktop calendar

The FreeAgent Tax Timeline displays a live projection of how much money you owe to HMRC and when you owe it, so you’ll know how much to set aside for tax bills. You can export the details of your tax deadlines into your Google, Outlook or iCal calendar by following these steps. Read the instructions… Read more »

Disposing of capital assets in FreeAgent

In FreeAgent you now have the ability to dispose of capital assets. Previously you could record the purchases of capital assets but there was no way to explain if you’d sold an asset. You can now explain transactions as disposal of capital assets, which will prevent further depreciation, ledger the balancing charge and get all… Read more »

VAT MOSS in FreeAgent

HMRC have recently changed the way tax is handled for businesses supplying digital services to consumers in the EU. From January 1st 2015, VAT on digital services is paid in the consumer’s country, not the supplier’s country, and is charged at the rate that applies in the consumer’s country.

P45s are ready in FreeAgent!

In another addition to FreeAgent’s integrated accounting and payroll platform you can now automatically generate the P45 forms required when an employee leaves your business.