The change in VAT rate on 1st December 2008 went relatively smoothly for accounting software vendors. The SaaS vendors all showed off that we got any required changes rolled out in the blink of an eye, some of us didn’t even need any changes. But in reality the offline, locally installed, disc-based, on-premise,…
Read moreJust as our accounting software is designed to be understood by people (like me) that aren’t accountants or have any formal accounting training; this is intended to be a brief and simple explanation of the Software as a Service (SaaS) business model for people (like me) that don’t have an MBA…
Read morePicture the scene. This young wannabe-entrepreneur wants a couple of thousand pounds to start a business. Here’s his profile: Age: 24 Marital Status: Engaged, pregnant fiancée Employment Status: Long-term unemployed Business Experience: None Qualifications: None (left school at 15) Own Capital to invest: £0.00 Other information: Been in trouble with the police,…
Read moreSome countries in Europe are required to provide a list of sales made to countries outside of the EC. Similar to an EC Sales List, but for countries outside of the EC as opposed to other EC member states
Read moreOn your customer records, you can now tick a box to say the customer is outside of the EC (ie, USA, China, etc). When you add an invoice to a customer with this option set, the VAT will default to 0%. As a part of this update, we’ve removed the…
Read moreI remember Jimmy Carr being interviewed once about his style of stand-up comedy. He said that he looks at a joke and trims off all the fat – getting it down to as few words as possible. And it’s true. I watched him on Live at the Apollo the other…
Read moreI’m just wading through my mass of Google alerts and I found a really great article on ZD Net by Cath Everett called Five cloud computing myths exploded. She says that Cloud computing is “one of the most over hyped phenomena to have hit the IT industry in a long time”.…
Read moreIt’s the end of the last working day before the deadline to submit tax returns online using the HMRC website. Normally at this time of year we’d be hearing lots of stories about how the site has fallen over. But not a whisper. HMRC seem to have learnt the lessons…
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