Got a question? We’ve got answers.

We’ve collected together all the questions we get asked and answered them all.

If you’re looking for information about Bookkeeping and the Cloud, chances are our FAQs page will be helpful.

Why is it so important to get your documents to us on time?

Every time a business spends or receives money, a document is created, and these documents (Invoices, receipts, credit notes and statements) are all an essential part of the bookkeeping and accounting process.  Keeping accurate records is fundamental to us as … Continue Reading

You’ve signed up with us – what’s next?

So you have decided to partner with Fresh Financials to find a better way of doing your bookkeeping and give your business a fresh start. We’re so pleased, and excited to get started.  We want to make sure you know … Continue Reading

How do I do a VAT Return?

A value-added tax (VAT) return, calculates how much VAT a company is due to pay, or expects to receive from HMRC. VAT returns are typically submitted quarterly and each quarter is known as your ‘accounting period’. The following are what … Continue Reading

Virtual Christmas Celebrations & HMRC

Christmas 2020 is a year when I feel that saying thank you to my amazing team has never been more important. Thanks to COVID-19 my team have all been working remotely since March and now with lockdown restrictions that has … Continue Reading

Renewing the bank connection in Xero

You might find yourself being asked by your bookkeeper to login to Xero and renew the bank connection, and it might seem often, especially if you have multiple bank accounts. Why do I have to renew the bank connection in … Continue Reading

Furlough Scheme Extended and Further Economic Support announced

With a new national lockdown announced last night the government have made announcements on Economic Support for businesses. CJRS The Coronavirus Job Retention Scheme has been extended for a month.  The amount you can claim is back up to 80%, … Continue Reading

Mini-Budget 2020: New Measures to Support People and Businesses

Yesterday the Government announced their mini-Budget 2020 with a further £12 billion for new temporary measures to support people and businesses. Particularly measures are in place to support job creation, and to boost the hospitality industry. Job Retention Bonus The … Continue Reading