umbrella accountants Articles

FreeAgent fortifies NatWest ties for even easier sign up

Cloud Accounting software provider FreeAgent has moved a step further in its integration with NatWest and now enables users to sign up with their existing bank logon details.

This provides quick, easy sign on that is also secure and provides flexibility under Open Banking for the Natwest customer to decide what information is shared with FreeAgent

FreeAgent and Natwest have been trialling the system with around 2,00 customers and it has proven to be extremely successful, hence the wider rollout.

Operations Director Neil Armitage said “Contractors are constantly on the go and under a lot of pressure so anything that can simplify their lives like this is more than welcome. Closer integration with banking partners such as NatWest can only benefit our customers and it’s great to see FreeAgent continue to innovate”

With FreeAgent Mobile you can nail the daily admin tasks when you’re out and about, and we’re pleased to report they have just made it even simpler with the rollout of support for bills and estimates. You can find ‘Bills’ in the Money Out area of the app where you can now view, create and manage the incurred costs you haven’t paid yet. If you’re unsure about when to use the bill section then why not have a look at FreeAgent’s article on bills, expenses & bank payments. It’s clear and concise and should hel

With FreeAgent Mobile you can nail the daily admin tasks when you’re out and about, and we’re pleased to report they have just made it even simpler with the rollout of support for bills and estimates.

You can find ‘Bills’ in the Money Out area of the app where you can now view, create and manage the incurred costs you haven’t paid yet.

If you’re unsure about when to use the bill  section then why not have a look at FreeAgent’s article on  bills, expenses & bank payments. It’s clear and concise and should help.

If you are in front of a possible new client and they need an estimate to seal the job then this will be ideal for you.

FreeAgent income soars by 41%

Cloud accounting software provider FreeAgent have seen their  income soar by 41% to £8m for the year to the end of March.

As Umbrella Accountant’s provider of choice for contractors and freelancers FreeAgent reported a net loss of £2.9m for the same period, including share-based payment expense of £0.8m, as the group continued to invest in scaling its business (2016: £1.3m).

Umbrella Accountants would like to congratulate FreeAgent

As a FreeAgent Premium Partner, Umbrella Accountants would like to congratulate FreeAgent on their recent flotation on the London Stock Exchange.

The company  was set up in 2007 by the three founders, Ed Molyneux, Olly Headey and Roan Lavery who were finding nothing suitable for their accounting needs in the marketplace. Set up with the intention of making accounting less painful for end users the company has gone from strength to strength since then winning prestigious Software Satisfaction Awards and thousands of new users along the way.

Umbrella Accountants moved to FreeAgent over two years ago because we also wanted to make handling finances as simple as possible for our contractors so it was a natural fit. We have attended Partner conferences at the head offices Scotland where we have seen much of what the future holds for the software, as well as taking part in round table discussions on tax changes that affect contractors and freelancers.

Congratulations once more to everyone at FreeAgent and we look forward to continuing to grow with them.

The Great Umbrella Bake Off 2016! Umbrella Accountants are still battling it out with their baking skills.

This week Sophie Evitts baked some truly scrumptious M&M - Choc Orange - Dime Bar Brownies!!

Watch out for more delicious bakes over the coming weeks! To make sure everyone in the department takes part they have the motto “No Bakey, No Cakey!”

Sophie's provided the recipe below. Her secret top tip is "Replace the crème eggs with crispy M&Ms', Terrys Chocolate orange and Dime"

http://www.cookbakeeat.com/cadbury-creme-egg-brownies-scrumptious-recipe/

Have you called in at the depot?

FreeAgent is a class leading piece of cloud accounting software and it has got there through constant improvements and innovations. 

We have attended a number of FreeAgent Partner events where the roadmap of future features and refinements has been shown and its comprehensive and far reaching with some really exciting developments ahead.

Umbrella Grenfell tower cake sale

The staff at Umbrella.co.uk have generously baked and donated goodies for our cake sale today.

All the money raised will be donated to those affected by the Grenfell Tower Fire.

Our array of home baked goodies varied from Coconut Tres Leches, Victoria Sponge cake, chocolate cake, lemon drizzle cake to a huge selection of cookies and cupcakes.

We would like to thank all our staff and visitors today for their support and generosity. 

Cloud based Todoist is a real life saver

With the pace of life currently the way it is it can be difficult to stay on top of everything at any one point in time. As a contractor you’ve also got bills to pay, forms to file, returns to authorise and money to chase.  We have found that the on-line cloud based to-do list todoist  is a real life saver when it comes to helping you out.

Umbrella.co.uk employee receiving gift for hard work
marketing | 22 July 2016
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One of our employees had a wonderful surprise last week when she received a bouquet of flowers from a happy client. Nicola Worthington, who started with us as an apprentice and quickly progressed to an Accounts Assistant, helped the client through a very stressful time with their VAT returns...

business people in a meeting, discussing paperwork

From the 30th June, the Annual Return is changing. This document, which must be completed and sent to the Companies House at least once every 12 months, will change to become a Confirmation Statement from this date. 

One of the most significant changes attached to the Confirmation Statement is the requirement for companies to publish a list of 'People with Significant Control', explained in more detail below.

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