Reply to: FreeAgent query

[sadkingbilly]

2.5 months into the tax year and you haven't hit the VAT threshold yet?
INKSPE!

I may not, this gig is only short term, and they might not have anything interesting afterward.

[WTFH]

I'll go freeagent when i hit the VAT threshold then. (grudgingly).

2.5 months into the tax year and you haven't hit the VAT threshold yet?
INKSPE!

[sadkingbilly]

Bear in mind that if your company is VAT registered, you'll need to use software from this list:
Find software that works with Making Tax Digital for Income Tax - GOV.UK
The "software type" says whether it's web-based (i.e. cloud computing) or application-based (presumably running on your local device).

Thanks for that link.
Nice of HMRC to force small businesses to use paid services for a mandatory exercise.
This country really loves to make working expensive.
Still, could be worse.
could be CH, or NL, or DE.
I'll go freeagent when i hit the VAT threshold then. (grudgingly).
Thanks for all input.

[sadkingbilly]

Your personal machine is more secure than a data centre? What infosec policy do you implement at home?

a secure one.

[hobnob]

Excel it is then, if i can remember how to work it

Bear in mind that if your company is VAT registered, you'll need to use software from this list:
Find software that works with Making Tax Digital for Income Tax - GOV.UK
The "software type" says whether it's web-based (i.e. cloud computing) or application-based (presumably running on your local device).

[jamesbrown]

Your personal machine is more secure than a data centre? What infosec policy do you implement at home?

It most definitely isn't, as you imply, although it also isn't a target for sophisticated attacks in the same way. Still, I would trust the data centre every time. You can also limit your exposure in FA to the information only required for relevant filings and bookkeeping and avoid inputting a bunch of other things for convenience, but that is still a lot of sensitive info.

[BlueSharp]

Thanks, jamesbrown , I think I'll give it a miss then.
I prefer to have my own data under MY direct control, and I think my personal machines are much less likely to be targeted by nefarious scumbags than Irish data centres.
Excel it is then, if i can remember how to work it

Your personal machine is more secure than a data centre? What infosec policy do you implement at home?

[sadkingbilly]

Am I the only one who looks at that and hears "Daisy, Daisy, give me your answer do"?

I realise that is not a 704/7090/9000, it looks more like a black monolith.

yep, it's a HAL Z/16, - hth

[WTFH]

sorry, no.

Am I the only one who looks at that and hears "Daisy, Daisy, give me your answer do"?

I realise that is not a 704/7090/9000, it looks more like a black monolith.

[sadkingbilly]

!(PC == Proper Computer)

sorry, no.

[willendure]

Yes, I've tried Gnucash, found it even more clunky than excel.
I'm really simple- sole trader, no real exes, I also do NOT use 'apps' for anything important.
PC for computer related stuff.
'phone for 'phoning/text/email.
Proper computers for income source
Thanks for suggestions guys.

!(PC == Proper Computer)

[sadkingbilly]

How about an AS/400 running DB2?

I said Proper computers, not mini's

[WTFH]

Yes, I've tried Gnucash, found it even more clunky than excel.
I'm really simple- sole trader, no real exes, I also do NOT use 'apps' for anything important.
PC for computer related stuff.
'phone for 'phoning/text/email.
Proper computers for income source
Thanks for suggestions guys.

How about an AS/400 running DB2?

[sadkingbilly]

Try gnucash.

The other advantage of running locally is that its instantaneous to respond to your inputs. No more spinny-f'ing-spinny waiting for a webapp to load.

Quickbooks was so bad that I now actually enjoy doing my accounts with gnucash!

Yes, I've tried Gnucash, found it even more clunky than excel.
I'm really simple- sole trader, no real exes, I also do NOT use 'apps' for anything important.
PC for computer related stuff.
'phone for 'phoning/text/email.
Proper computers for income source
Thanks for suggestions guys.

[jamesbrown]

There are really no apps that aren’t connected to the internet in some way (and hence potentially exposed) and you are generally the weakest link in any secure pipeline, but YMMV.