Debitoor blog

Get news, tips and tricks and nice-to-knows from the Debitoor universe explained in a simple way

Online invoicing software vs. mobile invoicing app

Written by Kate Kate , 16 January 2019 in Application

We often get asked about the differences between the mobile and online versions of Debitoor. In this blog post, we take a look at the ways our different platforms complement each other, as well as how you can get the most out of your invoicing software from any device.

Debitoor ivoicing and accounting software for desktop, tablet, and mobile

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An overview of Individual Saving Accounts (ISA) in Ireland

Written by JackJack, 15 January 2019 in Ireland

*Please note that these are general or the most common terms for each account type. Individual banks will have their own name for different accounts- so it's best to research via each bank's website individually to see what they all offer.

It's also going to be the case that the majority of these accounts will have minimum/ maximum deposit thresholds (which will vary by account type and the bank that offers the account).*

image of euro coins falling onto table- every cent helps when saving | Debitoor Invoicing and Accounting

... continue reading: An overview of Individual Saving Accounts (ISA) in Ireland

Working with SumUp - online and offline payments

Written by WhitneyWhitney, 14 January 2019

Whether you run a brick-and-mortar shop or run a market stall on weekends and holidays, finding the right solution for payments can be a challenge. While there seem to be an array of options these days, finding one that works well and makes sense ends up being more difficult.

If you want to be able to accept credit and debit card payments, there are handy card readers and apps that make this fast and painless. But what about online payments? And how do you manage your accounting at the end of the day?

A shop accepting a credit card payment. They could be using the SumUp x Debitoor integration for easy payments and accounting

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HMRC and your VAT

Written by WhitneyWhitney, 10 January 2019

In 2019, HMRC is introducing the newest regulations involving the digitisation of tax in Making Tax Digital for business. The new requirements will apply to any business with an annual turnover above the VAT threshold, as well as those that have voluntarily registered for VAT.

HMRC is introducing Making Tax Digital, which means all businesses including those in the buildings from this picture of downtown London, will need to use software to report VAT

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3 business resolutions for 2019

Written by WhitneyWhitney, 2 January 2019

The new year has arrived and along with personal goals and ambitions, you likely also have a few New Year's resolutions for your business as well.

If you’re already on the way towards making those a reality, you’re ahead of the curve. If you’re still brainstorming about how to make your business even better in 2019, we’ve found a few to give you some ideas (plus some tips on how to make them happen).

In the calendar this woman is looking at, the 1st is highlighted - is she thinking about new resolutions for her business?

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Taxes and devolution: what small businesses should know

Written by Kate Kate , 2 January 2019 in Taxes

British politics can be confusing; from budgets to Brexit, there’s a lot to keep track of. To make things even more complicated, political decisions are made in a number of different places and can affect different parts of the UK.

While legislation has traditionally been passed in Westminster on behalf of the entire country, things are changing. Over the past few years, the British Government has transferred power away from the Houses of Parliament and towards national governments through a process known as devolution. The aim of devolution is to give Scotland, Wales, and Northern Ireland more control over their own affairs - including taxes.

Taxes and devolution in the UK

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Self-employed in Ireland: A guide to your taxes (Part 2)

Written by JackJack, 27 December 2018 in Ireland Taxes

In the first part of our tax guide, we covered what you'll need to be able to pay taxes, as well as how and when you'll pay them each year. For part two, we'll look at what a tax return is made up of- Income tax, Universal Social Charge, and Pay Related Social Insurance. We'll also touch on Tax Credits, and a little about VAT. So, diving in...

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Self employed in Ireland: A guide to your taxes (Part 1 of 2)

Written by JackJack, 19 December 2018 in Ireland Taxes

I know, I know - it isn't the most exciting of aspects when it comes to running a business, but unfortunately it has to be done.

person holding pencil over a piece of paper with the word tax written on it

As there’s a lot ot get into, this topic will be split into two parts. In this post we'll go over the criteria for filing a self assessment tax return (or in the few cases that you don’t need to), and the method for self-assessment.

If you already know how self assessment works, but want to find out a bit more about how it all comes together, then in Part 2 we’ll have a closer look at a breakdown of each tax component: Income, Universal Social Charge (USC), Pay Related Social Insurance (PRSI), Value Added Tax (VAT), and about Tax Credits.

... continue reading: Self employed in Ireland: A guide to your taxes (Part 1 of 2)

Individual Savings Accounts: An Overview - Part 3 of 3

Written by JackJack, 19 December 2018

This is our last in the series, which will be a Q&A on common questions you might have, which ISA are better over others, and how you can combine different ISA types under one rather than have individual ISA of each type. In previous posts we looked at the ISA options individually, so if you're joining us late, you might want to skim over the first two parts. In Part 1, we covered the Cash, Stocks and Shares, Help-to-Buy, and Lifetime ISAs. For Part 2, we tackled the Innovative Finance, Junior, Inheritance, and Flexible ISA options.

Question mark drawn in chalk on blackboard. Questions you might have about different ISAs and mixing them together.

... continue reading: Individual Savings Accounts: An Overview - Part 3 of 3

Individual Saving Accounts: An Overview - Part 2 of 3

Written by JackJack, 18 December 2018

At the beginning of our ISA series we covered Cash, Stocks and Shares (S&S), Help-to-buy and Lifetime ISAs, so if any of those are what you're after, you can find them here in Part 1.

For part two, we'll be exploring the Innovative Finance (IFISA), Junior (JISA), Inheritance, and Flexible ISA, along with a few of the finer details of each.

Image of people shaking hands at the end of a deal.

... continue reading: Individual Saving Accounts: An Overview - Part 2 of 3