T: London: 0203 282 7109   St Albans: 01727 236 511 E: enquiries@squaremileaccounting.co.uk
What is Receipt Bank and how can it help your business?

What is Receipt Bank and how can it help your business?

Here at Square Mile Accounting we recommend a system called Receipt Bank to all our clients as an add on to their Xero systems. But what is Receipt Bank and how can it help my business?     In basic terms, it is a system that you can send your supplier receipts and...
Our most Frequently Asked Questions (FAQs) on Xero answered! Part II

Our most Frequently Asked Questions (FAQs) on Xero answered! Part II

We often receive the same Frequently Asked Questions (FAQs) about Xero software by both our clients and prospects.  So to help everyone out we are going to be regularly posting them in a blog – along with our answers of course! I have expenses that I want to...
End of the personal tax year – documents to keep!

End of the personal tax year – documents to keep!

Today (5th April) is the end of the 2016-17 tax year and tomorrow sees the beginning of the 2017-18 one.   Those having to complete a personal self assessment tax return for 16/17 have until 31st January 2018 to file and make payment – although we don’t recommend...
What is a P11D? And do I need to complete one?

What is a P11D? And do I need to complete one?

What is a P11D? The P11D is a statutory form required to be filed with HMRC detailing the cash equivalents of benefits paid to their employees.   Who needs to complete a P11D? Employers who have paid benefits to employees during a tax year need to complete them.   Who...
Our most Frequently Asked Questions (FAQs) on Xero answered!

Our most Frequently Asked Questions (FAQs) on Xero answered!

We often receive the same Frequently Asked Questions (FAQs) about Xero software by both our clients and prospects.  So to help everyone out we are going to be regularly posting them in a blog – along with our answers of course!   Here is the first batch: My bank...