It’d be great if all of the money flowing around your business was only that coming in, but the reality is that if you want your business to thrive you need to spend money on it. This sort of spending, or any payment which happens for the business, is a business expense. You need to…
You might think money and a deadline for project completion are the only things really necessary in a freelance contract. But while both of these things are important, you would be wrong. To protect yourself, your work and your earnings, there are several other vital items that should be in every freelance contract you sign….
How can you be sure that you allocate costs for your business accounts in such a way that your profit figure is accurate about the state of play? It’s not always clear cut which business costs you should include in your profit and loss account….
According to the Financial Times recently, the Financial Reporting Council – the disciplinary body governing accountants in the UK – is seeking a “step-change in the quality of reporting by smaller companies”. Could this affect you?…
When you are growing your business, every penny counts. Learning what you can and can’t claim as expenses on your taxes is essential, as this will not only save money but will also ensure that you don’t fall afoul of the HMRC at the end of the year. To ensure you don’t lose out and…