Got a question?
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We’ve gathered the questions we get asked the most and
our team have written some fantastic resources in response.
Is your question missing? Maybe it’s in our FAQs!

Initial Summary Budget 03/03/21

Rishi Sunak has today announced the March 2021 Budget. He says it will take the UK “a long time to recover” but he will do “whatever it takes”. The OBR forecast that our economy will grow this year by 4%, … Continue Reading

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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

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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

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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

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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

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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

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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

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