Navigating self-employment in the UK comes with a learning curve, especially when it comes to managing your taxes. One of the easiest ways to reduce your tax bill is by making sure you’re claiming all the allowable business expenses you’re entitled to. But lots of sole traders miss out on some. That’s where these tax-saving
Category Archives: Automating Your Finances
Automating Your Finances, Best Accounting Apps, Technology & Software for Businesses, Xero Tips & Tricks
Achieving Financial Goals in 2025: How We Use Xero to Drive Success
The start of a new year is the perfect time to set clear financial goals for your business and is something we do at DNA every January. Setting goals is just the beginning – achieving them requires careful planning and the right tools. Here’s how we’re tackling 2025 with Xero as our secret weapon. Setting
Automating Your Finances, Best Accounting Apps, Technology & Software for Businesses, Xero Tips & Tricks
How Do I Use Artificial Intelligence?
How I Use Artificial Intelligence (And Did I Use AI to Write This?!) Whether you’re a fan of it or not, artificial intelligence (AI) is here to stay—and it’s actually been around for quite a while. You might be using it daily without even realising it! Take Xero, for example. It’s been quietly using AI
Automating Your Finances, Bookkeeping, Organising Your Receipts & Invoices, Self-Assessment Tips for Sole Traders, Tax Planning & Saving Tips, Xero Tips & Tricks
Credit Control: Chasing invoices and lending clients money for no gain
In the bustling world of UK business, maintaining a healthy cash flow is paramount. Credit control, the process of managing a company’s credit policies, plays a crucial role in ensuring that invoices are paid on time and that the business does not inadvertently become a lender to its clients. Here’s a deep dive into effective
Automating Your Finances, Bookkeeping, Common Bookkeeping Mistakes, Self-Assessment Tips for Sole Traders, Tax Planning & Saving Tips, VAT Tips for Small Businesses, Xero Tips & Tricks
The importance of providing bank statements to your accountant despite Xero direct feeds
In today’s digital world, tools like Xero have made managing business finances much easier. With direct bank feeds, your transactions automatically show up in your accounting software, saving you time and effort. But even though this technology is fantastic, it isn’t perfect. That’s why your accountant might still ask for copies of your physical bank