• VAT Rates

    Our VAT Accounts system is currently setup to support the below VAT Rates Rate Description VAT Percentage Rate Application Standard VAT 20% Most goods and services Reduced Rate 5% Some services, such as energy Zero Rated 0% Zero-rated items, mainly food and books/publications Exempt (E) Exempt goods and services Out…

  • Logging book sales

    As a business, you’re required to keep accurate records of items you buy and sell. This article explains how to keep track of book purchases and sales. Note: Magazines and Biscuit bars (HiFi) are not classed as stock as you do not ‘physically’ purchase these. Instead, they’re provided on a ‘sale or return’…

  • Cloud Accounts – Premium Members

    When your MalgraBooks Premium account has been setup, our system will generate a simple cloud accounts system to capture your information which is required for processing your business accounts. The system can be opened within any modern browser, and is backed up every minute – so you’re safe in the…

  • Monthly Plan For Success (PFS) Document Submission

    Your online Monthly Plan For Success (PFS) Document provides us with the information we need to log your income (i.e. Member fees) and expenses (i.e. Franchise Fees) for membership in your group. This usually brings the highest amount of income and expenses when running your group. VERY Important: Using your…

  • Differences between Dashboards

    It’s difficult for us to use different types of language within our operations. For example, the word ‘Account’ may refer to ‘accounting’ (the recording of how your business or self employment is going), your ‘personal information’ account (such as your name, date of birth, address, etc), and also your ‘business…

  • Access our online course

    If you’re not automatically redirected to our course, click here

  • Basis Period

    In 2023, HMRC announced a reform of Tax Basis Periods. In basic terms, basis period is the duration which your business financial year runs, for example from 6 April – 5 April each year. The change is straightforward in principle – as from the 2024/25 tax year, all affected businesses will…

  • Changing the Personal Allowance on Reports

    Our reports are designed to provide indicative figures based on the income and expenses provided through your cloud spreadsheets. The Personal Allowance figure is set to the default amount for the relevant financial year, however if you have income or employment elsewhere, the Personal Allowance may be used elsewhere. Personal…